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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1927 /1929 Roosevelt St , Hollywood, FL 33020
$2,195,000
Est. Payment: $4,877.78/mo
1 Bed
1 Bath
6450 Sqft
Status: Active | Days on site: 39
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House Description

1927 and 1929 Roosevelt Street is a 10-unit multifamily investment opportunity consisting of two 2-bedroom/2-bath units, two 2-bedroom/1-bath units, four 1-bedroom/1-bath units, and two studio units. The property offers a well-balanced unit mix that transitions from larger two-bedroom units to smaller one-bedroom and studio apartments, allowing investors to capture demand from a variety of tenant profiles. The asset features impact windows, a durable tile roof, and ample on-site parking, helping minimize near-term capital expenditures while supporting long-term operational efficiency. The property is currently operated with below-market rents and predominantly month-to-month tenancies, providing a clear value-add opportunity for new ownership. By bringing rents to market levels, ownership can achieve a projected NOI of approximately $173,150. Located in one of South Florida's strongest rental markets, the property is approximately 5 minutes from Downtown Hollywood, 10 minutes from the beach, 8 minutes from Fort Lauderdale-Hollywood International Airport, and offers convenient access to Interstate 95 and other major transportation corridors. This is an attractive opportunity for investors seeking stable cash flow with significant upside potential.

Highlights

Listed by Elior Levi , 954-743-7594 Fausto Commercial Realty Consultants Inc , 954-743-7594.

Property Type

Multi-Family

Year Built

1969

County

Broward

Area

3050

Neighborhood

North Hollywood

Listing ID

A12026019

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:
Air Cond:Wall/Window Unit(s)
Fireplaces:
Floor:Tile,Vinyl

Exterior Features

Lot:< 1/4 Acre
Garage Capacity:14
Zoning:ND-1
Roof:Built-Up,Other,Spanish Tile
Sewer:Public Sewer
Principal Interest
$4,878
Taxes
$1,190

Home Price

$2,195,000

Loan Details

30 yrs
%

Down Payment

20%
$439,000
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Monthly Price:
$4,877.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,877.78 $1,190.42 $0.00 $6,068.19
Yearly $58,533.33 $14,285.00 $0.00 $72,818.33
Total $1,756,000.00 $428,550.00 $0.00 $2,184,550.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Hollywood, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.