- $6,450,000
Description
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.
Address
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Address: Moffett
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City: Hollywood
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State/county: Broward
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Zip/Postal Code: 33020
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Area: Hollywood
Details
Updated on August 10, 2026 at 2:59 pm-
Property ID A12023429
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Price $6,450,000
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Land Area 1.42 Sq Ft
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Year Built 1945
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Type Multi Family
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Property Status Commercial Sale
Additional details
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BuildingAreaTotal 18417
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CLIP 8968189799
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ContractStatusChangeDate 2026-05-21
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CumulativeDaysOnMarket 83
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CurrentPrice 6450000
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DaysOnMarket 83
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DaysOnMarketReplication 83
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DaysOnMarketReplicationDate 2026-08-10
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DaysOnMarketReplicationIncreasingYN 1
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DocumentsCount 0
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR Miami REALTORS
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ListAgentAOR Miami Association of REALTORS
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ListAgentDirectPhone 954-453-1000
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ListAgentEmail John@deMarcogroup.net
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ListAgentFirstName John
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ListAgentFullName John DeMarco
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ListAgentKey 26740526
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ListAgentKeyNumeric 26740526
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ListAgentLastName DeMarco
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ListAgentMlsId SEF3134747
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ListAgentNationalAssociationId 278029408
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ListAgentOfficePhone 954-361-0000
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ListAgentPreferredPhone 954-453-1000
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ListAgentStateLicense 3134747
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ListOfficeAOR Miami Association of REALTORS
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ListOfficeEmail John@deMarcogroup.net
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ListOfficeKey 5904318
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ListOfficeKeyNumeric 5904318
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ListOfficeMlsId SEFDBRG01
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ListOfficeName RE/MAX 5 Star Realty
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ListOfficePhone 954-361-0000
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ListingAgreement Exclusive Right To Sell
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ListingContractDate 2026-05-19
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ListingKey 1169352886
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ListingKeyNumeric 1169352886
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LotSizeArea 61718
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MLSAreaMajor 3030
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MajorChangeTimestamp May 19, 2026 at 12:00am
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MajorChangeType New Listing
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MlsStatus Active
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MobileDimUnits Feet
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ModificationTimestamp August 10, 2026 at 01:17pm
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OccupantType Vacant
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OnMarketDate 2026-05-19
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OnMarketTimestamp 2026-05-19T00:00:00.000-00:00
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OpenHouseModificationTimestamp 2026-08-10T09:16:24.450-00:00
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OriginalEntryTimestamp May 21, 2026 at 03:59pm
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OriginalListPrice 6450000
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OriginatingSystemID M00000151
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OriginatingSystemKey 591265395
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OriginatingSystemListAgentMemberKey 1174033
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OriginatingSystemListOfficeKey 1252034
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OriginatingSystemModificationTimestamp 2026-08-10T09:16:24.450-00:00
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OriginatingSystemName BEACH
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OriginatingSystemSubName BEACH_MIAMI
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ParcelNumber 514222090050
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Permission IDX
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PhotosChangeTimestamp August 10, 2026 at 01:17pm
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PhotosCount 24
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PostalCity Hollywood
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PostalCode 33020
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PostalCodePlus4 6546
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PropertySubTypeAdditional Multi Family
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SourceSystemID TRESTLE
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SourceSystemKey 1169352886
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SourceSystemName flexmls
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StateOrProvince FL
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StatusChangeTimestamp May 19, 2026 at 12:00am
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StreetName Moffett
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StreetNumber 1723-1743
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StreetNumberNumeric 17231743
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StreetSuffix Street
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TaxAnnualAmount 66091
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TaxLegalDescription HOLLYWOOD SOUTH SIDE ADD 3-16 B LOT 6 TO 11 BLK 1
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UniversalPropertyId US-12011-N-514222090050-R-N
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VideosChangeTimestamp 2026-08-10T13:17:37.487-00:00
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VideosCount 0
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Zoning FH-1
Overview
- Multi Family
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