1927/1929 Roosevelt Street For Sale
Property Details
| Asking Price | $2,150,000 |
|---|---|
| Price per SqFt | $333 |
| Property Taxes | $14,285 2025 |
| Interior Space | 6,450 SqFt |
| Beds/Baths | —/— |
| Year Built | 1969 |
| Pool | No |
| MLS # | A12026019 |
Location
From the listing
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.
Listed by Fausto Commercial Realty Consultants Inc
What It Costs to Own
Monthly, before a mortgage and insurance
Taxes $14,285 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 1927/1929 Roosevelt Street, Hollywood, FL 33020
Sales history is unavailable for this property
Listed by Fausto Commercial Realty Consultants Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Hollywood and throughout South Florida.
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1927/1929 Roosevelt Street, Hollywood · MLS A12026019 · $2,150,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.