Interior
- Bathrooms
- 0
Active · MultiFamily
$6,450,000
1723-1743 Moffett St, Hollywood, FL 33020
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1945
- Lot size
- 61,718 sq ft
- HOA fee
- —
- Annual tax
- $66,091
About this property
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.
Property location
Get Directions1723-1743 Moffett St, Hollywood, FL 33020
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Facts & features
Exterior & Structure
- Property type
- MultiFamily
- Year built
- 1945
- Lot size
- 61,718 sq ft
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Annual tax
- $66,091
- County
- Broward
- Days on market
- 83
- MLS listing ID
- A12023429
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$7,919
- Cap rate
- 4.2%
- Net yield
- 4.2%
- Cash-on-cash return
- -5.3%
- Gross yield
- 6.6%
- Mortgage payment
- $30,576/mo
- Down payment
- $1,612,500
- Loan amount
- $4,837,500
- Annual NOI
- $271,889
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.