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1741-1743 Moffett St 8 Unit Apartment Building $2,062,440 CAD ($257,805 CAD/Unit) 6.10% Cap Rate Hollywood, FL 33020
Investment Highlights
- Multifamily Investment Opportunity
- Strong In-Place Income with 6% CAP Rate
- Perfect for an Investor or Developer
- Prime Hollywood Location, Minutes to Downtown and Near Federal Hwy & I-95
- Future Live Local Redevelopment Potential, Can Build up to 65+ Units
Executive Summary
1741–1743 Moffett Street is an 8-unit multifamily investment opportunity located in the rapidly growing Hollywood rental market. The property consists of two adjacent multifamily buildings situated on approximately 11,334 SF currently generating 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 while the property benefits 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 site also presents future long-term redevelopment opportunity under the Live Local Act with the ability to develop approximately 60+ units.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$166,849
|
$14.72
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$41,095
|
$3.63
|
| Net Operating Income |
$125,754
|
$11.10
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $166,849 |
| Annual Per SF | $14.72 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $41,095 |
| Annual Per SF | $3.63 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $125,754 |
| Annual Per SF | $11.10 |
Property Facts
| Price | $2,062,440 CAD | Building Class | C |
| Price Per Unit | $257,805 CAD | Lot Size | 0.27 AC |
| Sale Type | Investment | Building Size | 11,334 SF |
| Cap Rate | 6.10% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1953 |
| Property Subtype | Apartment | Parking Ratio | 0.44/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | FH-1 - Future Holding 1 | ||
| Price | $2,062,440 CAD |
| Price Per Unit | $257,805 CAD |
| Sale Type | Investment |
| Cap Rate | 6.10% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 11,334 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1953 |
| Parking Ratio | 0.44/1,000 SF |
| Zoning | FH-1 - Future Holding 1 |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 51-42-22-09-0040 | Improvements Assessment | $0 CAD (2026) |
| Land Assessment | $0 CAD (2026) | Total Assessment | $1,429,266 CAD (2026) |
Property Taxes
Parcel Number
51-42-22-09-0040
Land Assessment
$0 CAD (2026)
Improvements Assessment
$0 CAD (2026)
Total Assessment
$1,429,266 CAD (2026)
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1741-1743 Moffett St
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