1927/1929 Roosevelt St, Hollywood, Florida 33020
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$2,195,000

Apartment for Sale, 1927/1929 Roosevelt St, Hollywood, Florida 33020

  • MLS#A12026019
  • 599 m² (6,450 ft²)

Listed By Fausto Commercial Realty Consultants Inc

The Apartment for Sale located at 1927/1929 Roosevelt St, Hollywood, Florida 33020 is currently for sale.

Date Updated : Sep 1, 2026

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.

Location

1927/1929 Roosevelt St, Hollywood, Florida 33020

1927/1929 Roosevelt St, Hollywood, Florida 33020

Property features

Property

  • Property size: 599 m² (6,450 ft²)

Construction

  • Year built: 1969
  • Roofing: Built-Up
  • Construction: Concrete/Block

Interior Features

  • Floors: TileVinyl

Heating and Cooling

  • Cooling System: Wall Or Window Units

Utilities

  • Other utilities: Public Sewer