Duplex with Private Porch and
For Sale
$449,999
2512 Arthur Street, Hollywood, FL 33020
MULTI_FAMILY - Hollywood, FL
Property Size1,000 SF
Lot Size0.15 Acres
Price / SF$449
Days on Market124
Property Features for 2512 Arthur Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-9
Bedrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
Window features
Blinds
Patio and Porch features
Patio, Porch
Pets allowed
Yes, No
Fencing
Fenced
Subdivision
HOLLYWOOD TERRACE AMEN PLAT
Lot features
Fruit Tree(s), Room for Pool
Elementary school
Oakridge
Middle school
Olsen
High school
South Broward
Standard status
Active
APN
514209040330
Size
1,000 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HOLLYWOOD TERRACE AMEN PLAT 10-29 B LOT 40 BLK 15
Tax Annual Amount
7527
Legal Description
HOLLYWOOD TERRACE AMEN PLAT 10-29 B LOT 40 BLK 15
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Amenities
private outdoor spaces
Building Details
Year built
1959
Floors in Building
1
Number of units
2
Flooring type
Tile - Ceramic, Tile
Building materials
Block, Stucco
Roof type
Composition
Additional Structures
Outbuilding
Listing Agency:
United Realty Group Inc.
(954) 450-2000
Listed By:
Mariano J Contreras Balana · License #3330689
(954) 452-0111
Added: Apr 16
Changed: Aug 5
Last Checked: Aug 17 at 5:06AM
MLS# B26016554
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.
Duplex on a 0.15-acre lot with block and stucco construction and a composition roof, built in 1959. The home includes tile flooring and wall/window unit cooling, with fenced outdoor space featuring both a porch and a patio. Interior layout includes two bedrooms and two bathrooms.
The property is located in Hollywood, Florida, with immediate I-95 access for commuting and nearby cable service availability. Public water and public sewer are in place.
Zoned RM-9, this duplex is set up for straightforward living or rental use with durable exterior materials, simple interior finishes, and private outdoor areas.
The property is located in Hollywood, Florida, with immediate I-95 access for commuting and nearby cable service availability. Public water and public sewer are in place.
Zoned RM-9, this duplex is set up for straightforward living or rental use with durable exterior materials, simple interior finishes, and private outdoor areas.
Key Highlights
- 0.15‑acre lot for this duplex
- RM‑9 zoning
- Built in 1959 with block and stucco construction
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,917
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$358,340
$358.3K
Cap Rate 7%
$255,957
$256.0K
Cap Rate 9%
$199,078
$199.1K
Market Conditions
NOI Build-Up for 1,000 SF
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.
Gross rent
$27.0K $27.00/SF
− Vacancy
−$1.4K −$1.40/SF
EGI
$25.6K $25.60/SF
− OpEx
−$7.7K −$7.68/SF
NOI
$17.9K $17.92/SF
Area
Hollywood, FL
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$358,340
Cap Rate 7%
$255,957
Cap Rate 9%
$199,078
Alternative Uses
Best Use
Multifamily LT 5
$256.0K
$224.0K – $298.6K
NOI $17,917 @ 7.0% cap · market cap 3.98%
Second Best
Apartment 5plus
$238.1K
$208.4K – $277.8K
NOI $16,668 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$391.2K
$342.3K – $456.4K
NOI $27,384 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,081
Businesses Nearby
Explore this area
Business Placement
Demographics for 33020, FL
45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex in RM-9 zoning with porch, patio, fenced yard, and public water and sewer services.
Where is this duplex located?
The property is located at 2512 Arthur Street Hollywood, FL.
What is the asking price?
The asking price for this property is $449,999.
What are key features of this property?
This property features: 0.15‑acre lot for this duplex; RM‑9 zoning; Built in 1959 with block and stucco construction
