1927/1929 Roosevelt St ,Detached, Quadruplex, North Hollywood for Sale

1927/1929 Roosevelt St for Sale

Price $2,250,000.00

• Lot size 6450
• Year Build 1969
• Waterfront
• Zip 33020
• Style Detached
• Parking Description
• Pool Yes
• Status Active

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.

NORTH HOLLYWOOD 4-1 B LOT 6 BLK 35

Less Than 1/4 Acre Lot

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.

City:Hollywood,Roof:1:Other,2:Curved/S-Tile Roof,Zoning:ND-1,Cooling:1:Wall/Window Unit(s),Heating:1:Window/Wall,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2025,Flooring:1:Tile,2:Vinyl,Latitude:26.0255411,Cooling Y N:1,Heating Y N:1,List Price:2250000,Listing Id:A12026019,Longitude:-80.1462747,Mls Status:Active,Year Built:1969,Living Area:6450,Postal Code:33020,Street Name:Roosevelt St,Coordinates:1:26.0255411,Photos Count:27,Building Name:NORTH HOLLYWOOD,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:3050,M L S Area Major:North Hollywood,On Market Date:2026-07-06,Parcel Number:514203104330,Parking Total:14,Property Type:Residential Income,Stories Total:1,Street Number:1927/1929,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Broward County,Expiration Date:2026-11-27,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2732,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:NORTH HOLLYWOOD,Tax Annual Amount:14285,Unparsed Address:1927/1929 Roosevelt St, Hollywood FL 33020,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Year Built Details:Resale,Building Area Total:6450,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:348.8372,Original List Price:2250000,Public Survey Range:51,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Number Of Units Total:10,Syndication Remarks: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 Contract Date:2026-07-06,Originating System I D:miamire,Showing Instructions:Call Listing Agent,Street Number Numeric:1927,Tax Legal Description:NORTH HOLLYWOOD 4-1 B LOT 6 BLK 35,M I A M I R E_ Current Price:2250000,Public Survey Township:51,M I A M I R E_ Total Mortgage:1387500,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Adjusted Area S F:6450,M I A M I R E_ Geographic Area:Hollywood East (3010-3050),M I A M I R E_ Internet Remarks:Please visit Fausto Commercial Realty Consultants Inc.,M I A M I R E_ Parcel Number M L X:4330,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Street View Param:1$26.025548$-80.146276$304.85$13.33$1.00$St76PnYGkYBVIKtG9zv7aw,Contract Status Change Date:2026-07-06,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:10,M I A M I R E_ Agent Alternate Phone:954-743-7594,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1927/1929 Roosevelt St,M I A M I R E_ Multiple Offers Accepted Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:348.84,Internet Automated Valuation Display Y N:1,