305-609-4190
324 ROOSEVELT Street, Hollywood FL 33019
Active Quadruplex Waterfront

324 ROOSEVELT Street, Hollywood FL 33019

Hollywood, FL, 33019

$2,400,000

Est. $12,136/mo (20% down)

—
Beds
—
Baths
2,131
Sq Ft
1979
Year Built
—
Lot Sq Ft
—
Garage

Photo Gallery (62 photos)

About This Property

The property features four individually configured units, including a spacious 2-bedroom, 2-bath residence with a full kitchen, private patio, and ocean views. A second unit offers 1 bedroom and 1 bath with a separate living area, microwave, small refrigerator, private balcony, and ocean views. Two additional studio apartments each feature private bathrooms and balconies, with one studio also enjoying an ocean view. Additional features include a dedicated office, laundry room, and valuable off-street parking—a major convenience this close to the beach. Located only steps from the sand, ocean, and Hollywood Beach Broadwalk, guests can easily enjoy the area's restaurants, cafés, entertainment, shopping, and beachfront lifestyle. This turnkey, fully renovated property presents a unique opportunity for an investor, short-term rental operator, or owner seeking a boutique hospitality property in one of South Florida's most desirable beach destinations.

Property Details

MLS #

B26088267

Status

Active

Property Type

Residential Income

Sub Type

Quadruplex

Year Built

1979

Stories

2

Pool

No

Waterfront

Yes

Price / Sq Ft

$1,126

HOA Fee

None

Est. Insurance

$800/mo

Tax Year

2025

Tax Amount

$28,072

Garage

—

Lot Size

—

MLS Area

Hollywood Beach First Add

Subdivision

HOLLYWOOD BEACH FIRST ADD,Hollywood Beach

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$16,800
Est. Monthly Rent
-0.4%
Cap Rate
-2.0%
Cash-on-Cash
$-9,772
Net Operating Income

ROI Projections (4% Annual Appreciation)

98%
5-Year ROI
Value: $2,919,967
220%
10-Year ROI
Value: $3,552,586
370%
15-Year ROI
Value: $4,322,264

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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