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Back-to-Back Duplex with Renovated Unit
For Sale
$685,000

1110 South 29th Avenue, Hollywood, FL 33020

Well-maintained duplex with separate utilities, a renovated second unit, and both units currently rented.

Property Size2,128 SF
Lot Size0.18 Acres
Price / SF$321.90
Days on Market580

Property Features for 1110 South 29th Avenue

General Information

Standard status Active
Size 2,128 SF
Lot size 0.18 Acres
Property subtype Residential Income / Duplex
Occupancy 100%

Taxes and HOA fees

Annual Taxes $8,832

Amenities

Other
Electric, Separate Meters
1.0
Ceramic Tile, Concrete
1
2
Balcony, Porch
Block, CBS, Concrete Block - No Stucco
Separate Meters, Electric
Concrete
Fenced
Balcony, Barbecue
No
Yes
Porch

Building Details

Year Built 1973
Tenancy Multi
Listing Agency: Beachfront Realty Inc
Listed By: Olwitche Blaise · License #3125282
Source: Compass
Added: Mar 5, 2025 Changed: Oct 6 Last Checked: Oct 5 at 9:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beachfront Realty Inc

Investment Insights

Based on property information with market context.

This back-to-back duplex offers a total of 5 bedrooms and 4 bathrooms across two units on an 8,022 sq. ft. lot. The property is described as very well maintained and sold AS IS in good condition. Improvements include a NEW roof, NEW windows and doors, and NEW AC. Each unit has its own water meter and electrical panel, supporting true separate service for day-to-day operations. Unit 2 is reported as completely renovated.

Located at 1110 S 29th Avenue in Hollywood, FL 33020, the property is noted as close to Hard Rock Stadium and Fort Lauderdale International Airport. The public remarks also cite proximity to an expansive public park. Additionally, the area is described as having future development tied to the BID EASY CASINO & Hard Rock Casino & Hotel.

For investors and owner-occupants seeking a manageable residential income setup, the duplex configuration provides two independent units with separate metering and an updated infrastructure package. With both units currently rented, prospective buyers should plan for an appointment to view the property. The seller also states there is no HOA, which may simplify ownership and ongoing property management. Please do not disturb tenants.

Key Highlights

  • 1973 back‑to‑back duplex on an 8,022 sq. ft. lot with 5 bedrooms and 4 bathrooms total
  • Both units currently rented; unit 2 is completely renovated
  • Separate utilities: each unit has its own water meter and electrical panel

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,128
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$762,560 $762.6K
Cap Rate 7%
$544,686 $544.7K
Cap Rate 9%
$423,644 $423.6K
Market Conditions
NOI Build-Up for 2,128 SF
Gross rent
$57.5K $27.00/SF
− Vacancy
−$3.0K −$1.40/SF
EGI
$54.5K $25.60/SF
− OpEx
−$16.3K −$7.68/SF
NOI
$38.1K $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%
$762,560
Cap Rate 7%
$544,686
Cap Rate 9%
$423,644

Alternative Uses

Best Use
Multifamily LT 5
$544.7K
$476.6K – $635.5K (±1% cap)
NOI $38,128 @ 7.0% cap · market cap 5.57%
Second Best
Apartment 5plus
$506.7K
$443.4K – $591.2K (±1% cap)
NOI $35,469 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$832.5K
$728.4K – $971.2K (±1% cap)
NOI $58,273 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Butcher Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

702
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained duplex with separate utilities, a renovated second unit, and both units currently rented.
Where is this duplex located?
The property is located at 1110 South 29th Avenue Hollywood, FL.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 1973 back‑to‑back duplex on an 8,022 sq. ft. lot with 5 bedrooms and 4 bathrooms total; Both units currently rented; unit 2 is completely renovated; Separate utilities: each unit has its own water meter and electrical panel
More about this property
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