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    Hollywood Duplex with New Roof

    1923 N 23rd Avenue Hollywood, FL 33020

    1923 N 23rd Avenue, Hollywood, FL, 33020
    $669,000
    For Sale
    Claim this Listing
    $669,000

    MULTI_FAMILY - Hollywood, FL

    Property Size1,401 SF
    Lot Size0.25 Acres
    Price / SF$477.52
    AddedFeb 19
    Days on Market146
    Last RefreshJul 15 at 7:06 am

    Property Features for 1923 N 23rd Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RM-9
    Bedrooms
    4
    Rooms
    Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4
    Patio and Porch features
    Porch
    Standard status
    Active
    APN
    514209052500
    Size
    1,401 SF
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    HOLLYWOOD PARK 4-19 B LOT 13 BLK 20
    Tax Annual Amount
    9704

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1961
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile
    Building materials
    Stucco
    Roof type
    Composition, Shingle

    Listing agent Carlos A Montoya License #0623048

    Listing office Fidelity Real Estate Group LLC 10100 W Sample Road Ste.401, CORAL SPRINGS, FL

    Listing date Feb 19, 2026

    MLS# F10552025 Listing URL

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This duplex is located in the heart of Hollywood, Florida. The building, with a new roof, sits on a nearly quarter-acre lot. Each unit features 2 bedrooms and 1 bath, along with private laundry facilities. Separate electric and water meters are installed for each unit. Tile and laminate flooring are present throughout both units. The property includes large, fenced yards, and updated kitchens and bathrooms. The property is zoned RM-9. The property size is 1401 square feet. Both units are currently vacant.

    Key Highlights

    • Duplex built in 1961 with stucco construction and a new roof (composition/shingle)
    • Each unit features 2 bedrooms, 1 bathroom, and private laundry with separate electric and water meters
    • Both units have tile and laminate flooring throughout, plus updated kitchens and bathrooms

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $37.8k $27.00
    − Vacancy −$2.0k −$1.40
    EGI $35.9k $25.60
    − OpEx −$10.8k −$7.68
    NOI $25.1k $17.92
    1,401 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $358.6K
    $313.8K – $418.4K (±1% cap)
    NOI $25,102 @ 7.0% cap · market cap 3.75%
    Second Best
    Apartment 5plus
    $333.6K
    $291.9K – $389.2K (±1% cap)
    NOI $23,352 @ 7.0% cap · market cap 3.49%
    Theoretical Best
    Office A
    $548.1K
    $479.6K – $639.4K (±1% cap)
    NOI $38,365 @ 7.0% cap · market cap 5.73%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Dental Office Acupuncture Accounting Firm Locksmith Daycare Center Parking Lot & Garage Tanning Salon Catering Service Clothing & Fashion Store Clothing & Fashion Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Duplex - Duplex in Hollywood with new roof, near beach and downtown.
    Where is this duplex located?
    The property is located at 1923 N 23rd Avenue Hollywood, FL.
    What is the asking price?
    The asking price for this property is $669,000.
    What are key features of this property?
    This property features: Duplex built in 1961 with stucco construction and a new roof (composition/shingle); Each unit features 2 bedrooms, 1 bathroom, and private laundry with separate electric and water meters; Both units have tile and laminate flooring throughout, plus updated kitchens and bathrooms
    Contact an agent
    (954) 234-7653
    We can help!
    Contact an agent
    Carlos A Montoya
    Carlos A Montoya
    Real Estate License ID: 0623048
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