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34240509
34240523

1927/1929 Roosevelt St, Hollywood, FL 33020

EL
3574869
Fausto Commercial
Listed by Fausto Commercial
$2,250,000
2 days on market
Updated 2 days ago

NORTH HOLLYWOOD

Details
APN 514203104330
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex (+1)
Square Footage 6,450
Units 10
Year Built 1969
Zoning ND-1
Parking Spaces 14 spaces
Parking per 1,000 SqFt 2.17

Multifamily | 10 Units

Marketing 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.
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Listing Contacts

EL
3574869
Fausto Commercial
Listed by Fausto Commercial

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Zoning

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ND-1 ResidentialMulti FamilyNorth Downtown Low Intensity Multifamily District
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View all 14 uses
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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