

Listed by Fausto Commercial
$2,250,000
NORTH HOLLYWOOD
Details
APN 514203104330
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
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.
Listing Contacts


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