Three-Unit
New
For Sale
$613,000
1008 N 18th Ct, Hollywood, FL 33020
Commercial Sale, Hollywood, FL
Property Size1,337 SF
Lot Size0.12 Acres
Price / SF$458.49
Days on Market5
Property Features for 1008 N 18th Ct
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
ND-1
Parking
4
Directions
West of US-1 (Federal Hwy) and east of N Dixie Hwy, near Johnson St.
Subdivision
3050
Standard status
Active
APN
514210140160
Lot size
0.12 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
HOLLYWOOD LAWNS 2-58 B LOT 23 LESS W 3.00 FOR CHATEAU DREAMER CONDO
Tax Annual Amount
8377
Legal Description
HOLLYWOOD LAWNS 2-58 B LOT 23 LESS W 3.00 FOR CHATEAU DREAMER CONDO
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Wall/Window Unit(s), Window Unit(s), Central Air
Water source
Public
Building Details
Year built
1924
Floors in Building
1
Number of units
3
Flooring type
Tile
Building materials
Block, Frame, Stucco
Listing Agency:
Compass Florida, LLC
(305) 851-2820
Listed By:
Daniel Uribe Meneses · License #3502877
(646) 573-2921
Added: Oct 27
Changed: Oct 28
Last Checked: Oct 31 at 8:06PM
MLS# A12112928
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.
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Investment Insights
Based on property information with market context.
Built in 1924, this Hollywood triplex contains three residences: a two-bedroom, one-bath unit, a one-bedroom, one-bath unit, and a studio with one bath. The building totals approximately 1,337 square feet on a 5,278-square-foot lot. Tile flooring, included appliances, central heat, and a mix of central and window or wall-unit cooling are among the property’s features. Public water and sewer serve the site, and the property is offered as-is.
The property is west of Federal Highway (US-1), with ArtsPark at Young Circle, Downtown Hollywood, the beach, and I-95 among the nearby destinations. Its zoning is ND-1 (North Downtown District); permitted uses, density, and allowable building area are subject to verification with the City of Hollywood.
The property is west of Federal Highway (US-1), with ArtsPark at Young Circle, Downtown Hollywood, the beach, and I-95 among the nearby destinations. Its zoning is ND-1 (North Downtown District); permitted uses, density, and allowable building area are subject to verification with the City of Hollywood.
Key Highlights
- Three residences: 2 bed/1 bath, 1 bed/1 bath, and a studio/1 bath
- Approximately 1,337 sq ft of building area on a 5,278 sq ft lot
- ND‑1 (North Downtown District) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,955
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$479,100
$479.1K
Cap Rate 7%
$342,214
$342.2K
Cap Rate 9%
$266,167
$266.2K
Market Conditions
NOI Build-Up for 1,337 SF
Gross rent
$36.1K $27.00/SF
− Vacancy
−$1.9K −$1.40/SF
EGI
$34.2K $25.60/SF
− OpEx
−$10.3K −$7.68/SF
NOI
$24.0K $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 Rate 5%
$479,100
Cap Rate 7%
$342,214
Cap Rate 9%
$266,167
Alternative Uses
Best Use
Multifamily LT 5
$342.2K
$299.4K – $399.3K
NOI $23,955 @ 7.0% cap · market cap 3.91%
Second Best
Apartment 5plus
$318.4K
$278.6K – $371.4K
NOI $22,285 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$523.0K
$457.7K – $610.2K
NOI $36,612 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,682
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - ND-1 zoning places the property in Hollywood’s North Downtown District.
Where is this triplex located?
The property is located at 1008 N 18th Ct Hollywood, FL.
What is the asking price?
The asking price for this property is $613,000.
What are key features of this property?
This property features: Three residences: 2 bed/1 bath, 1 bed/1 bath, and a studio/1 bath; Approximately 1,337 sq ft of building area on a 5,278 sq ft lot; ND‑1 (North Downtown District) zoning
