1927/1929 Roosevelt St, Hollywood, FL 33020

Description of 1927/1929 Roosevelt St, Hollywood, FL 33020

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.

Property Details for 1927/1929 Roosevelt St, Hollywood, FL 33020

Flooring

Other, Tile, Vinyl

Heating

Other, Window/Wall

Cooling

Other, Wall/Window Unit(s)

Architectural Style

Detached

Pool Private

No

Year Built Details

Resale

Building Information for 1927/1929 Roosevelt St, Hollywood, FL 33020

Building Name

NORTH HOLLYWOOD

Building Area Total

6450

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Property Information for 1927/1929 Roosevelt St, Hollywood, FL 33020

Lot Features

Less Than 1/4 Acre Lot

Waterfront

No

View

No

Construction Materials

Concrete Block Construction

Roof

Built-Up, Other, Curved/S-Tile Roof

Sewer

Public Sewer

New Construction

No

Public Records for 1927/1929 Roosevelt St, Hollywood, FL 33020

Parcel Number

514203104330

Tax Annual Amount

$14,285

Tax Year

2025

Tax Legal Description

NORTH HOLLYWOOD 4-1 B LOT 6 BLK 35

Zoning

ND-1

County Or Parish

Broward County

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