1927/1929 Roosevelt St, Hollywood, FL, 33020
About This Home
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.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1969
Materials
- Roof: Built-Up,Other,Curved/S-Tile Roof
- Construction materials: Concrete Block Construction
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
Features
- Flooring: Other,Tile,Vinyl
Heating & Cooling
- Heating features: Other,Window/Wall
- Cooling features: Other,Wall/Window Unit(s)
Interior Area
- Total structure area: 6,450
- Total interior livable area: 6,450 sqft
Property
Details
- Parcel number: 514203104330
- Zoning: ND-1
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Parking
- Total spaces: 14
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Broward County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $11,377 | $136,524 |
| Home Insurance * | $4,694 | $56,328 |
| Property Taxes | $1,799 | $21,588 |
| Electricity | $649 | $7,789 |
| Total | $18,519 | $222,228 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Price change | $2,195,000 |
| 2026-07-06 | Listed for sale | $2,250,000 |
View on Zillow