Duplex with New
For Sale
Under Contract
$550,000
5829 Taylor St, Hollywood, FL 33021
Residential Income, Hollywood, FL
Property Size1,746 SF
Price / SF$315.01
Days on Market44
Property Features for 5829 Taylor St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
SR7 RM-1
Bedrooms
3
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1
Parking
4
Security features
Security
Patio and Porch features
Patio
Exterior features
Patio, Storm/Security Shutters
Subdivision
HOLLYWOOD BEACH GARDENS
Lot features
< 1/4 Acre
Standard status
Active Under Contract
APN
514113030421
Size
1,746 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
HOLLYWOOD BEACH GARDENS 1ST ADD 10-15 B LOT 17 BLK 29
Tax Annual Amount
4927
Legal Description
HOLLYWOOD BEACH GARDENS 1ST ADD 10-15 B LOT 17 BLK 29
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Amenities
fenced yard
private patio
Building Details
Year built
1989
Floors in Building
1
Flooring type
Tile - Ceramic
Building materials
Block
Roof type
Shingle
Listing Agency:
Keller Williams Realty International Lifestyles
(786) 615-6761
Listed By:
Elizabeth Armengol · License #3392594
(786) 942-3229
Added: Jul 18
Changed: Aug 26
Last Checked: Aug 30 at 5:06AM
MLS# A12052463
Copyright © 2026 Miami REALTORS®. 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 1,746-square-foot duplex, built in 1989, contains two separate residences: one with 2 bedrooms and 1 bathroom, and another with 1 bedroom and 1 bathroom. The block-construction property has a shingle roof, ceramic tile flooring, central heating, central air, and ceiling fans. Recent exterior features include a new roof, hurricane panels, a fenced yard, and a private patio. Parking accommodates up to 4 vehicles.
The property is near Walmart, shopping centers, restaurants, and major roadways in Hollywood. Public water, a septic tank, and cable availability are noted. The two-unit layout supports an owner-occupant arrangement with rental income from the second residence, as well as separate use of both units.
The property is near Walmart, shopping centers, restaurants, and major roadways in Hollywood. Public water, a septic tank, and cable availability are noted. The two-unit layout supports an owner-occupant arrangement with rental income from the second residence, as well as separate use of both units.
Key Highlights
- 1,746‑square‑foot duplex with two residences
- Unit mix includes 2BR/1BA and 1BR/1BA
- New roof, shingle roofing, and hurricane panels
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
$31,283
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
5.69%
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%
$625,660
$625.7K
Cap Rate 7%
$446,900
$446.9K
Cap Rate 9%
$347,589
$347.6K
Market Conditions
NOI Build-Up for 1,746 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
$47.1K $27.00/SF
− Vacancy
−$2.5K −$1.40/SF
EGI
$44.7K $25.60/SF
− OpEx
−$13.4K −$7.68/SF
NOI
$31.3K $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%
$625,660
Cap Rate 7%
$446,900
Cap Rate 9%
$347,589
Alternative Uses
Best Use
Multifamily LT 5
$446.9K
$391.0K – $521.4K
NOI $31,283 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$415.7K
$363.8K – $485.0K
NOI $29,102 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$683.0K
$597.7K – $796.9K
NOI $47,812 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,478
Businesses Nearby
Explore this area
Business Placement
Demographics for 33021, FL
50,091
Population
21,930
Households
2.3
Avg Household Size
43
Median Age
38%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
5,692
Density / Sq Mi
$69,249
Median Household Income
$41,390
Median Earnings
$1,707
Median Rent
$395,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with ceramic tile flooring, central heating and cooling, and a fenced yard.
Where is this duplex located?
The property is located at 5829 Taylor St Hollywood, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1,746‑square‑foot duplex with two residences; Unit mix includes 2BR/1BA and 1BR/1BA; New roof, shingle roofing, and hurricane panels
