

Listed by RE/MAX 5 Star Realty
$6,450,000
1723-1743 Moffett St
Details
APN 514222090050
Property Type Multifamily
Square Footage 18,417
Year Built 1945
Lot Size (SqFt) 61,718
Zoning FH-1
Multifamily
Marketing description
This multifamily investment opportunity consists of three adjacent parcels totaling 36 apartment units situated on approximately 61,718 SF in the rapidly growing Hollywood rental market. The portfolio currently generates strong in-place rental income with additional upside through future rental increases, continued renovations, lease-up opportunities, and operational improvements. Several units have been updated with renovated interiors while the properties benefit from strong tenant demand and a central location near Downtown Hollywood, Young Circle, Federal Highway, Dixie Highway, I-95, and Hollywood Beach. In addition to the existing multifamily income, the assemblage also presents long-term redevelopment potential under the Live Local Act with the ability to develop approximately 325+ units.
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Listed by RE/MAX 5 Star Realty
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