338 Roosevelt St

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338 Roosevelt St

Hollywood, FL 33019
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Hollywood, Florida.
  • Property is situated at the address 338 Roosevelt Street.
  • Located within the Broward County region of South Florida.
  • Asset designed for residential rental and housing market use.
  • Positioned near major transportation routes and urban employment centers.

What's Special

The multifamily apartment building located at 338 Roosevelt St in Hollywood, FL, represents a functional addition to this coastal real estate market. Situated within the Broward County area, this property benefits from the steady demand for rental housing driven by the regional employment hubs and proximity to major transit corridors. Its strategic placement in Hollywood provides tenants with convenient access to a variety of local services, public transportation, and major roadways, making it a viable selection for long-term residential leasing strategies. Investors often look toward this submarket to capitalize on the consistent population growth characteristic of the South Florida coastline. Given its multifamily asset type, the structure is well-positioned for traditional residential rentals. Prospective owners may consider this site for stabilized income generation or portfolio expansion within an established urban residential neighborhood. The property provides the essential infrastructure required to support apartment operations and manage tenant relations effectively within this vibrant metropolitan environment.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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