Oversized Triplex with Updated
1116 S 17th Avenue, Hollywood, FL 33020
Three residential units with refreshed interiors, on-site laundry, and convenient access to retail and transit.
Type:Multifamily
Property size:
2,688 SFPrice / SF:
$295/SF- Added:
- May 30, 2026
- Days on Market:
- 29
- Last Refresh:
- Jun 20 at 8:45 am
Property Features for 1116 S 17th Avenue
General Information
- Standard status
- Active
- Size
- 2,688 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1959
Listing office AAA Realty Group INC
Listing date May 30, 2026
Source Crexi
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 AAA Realty Group INC
HighLights
- 3‑unit triplex built in 1959 with addresses 1116, 1118, and 1120 S 17 Ave
- Unit 1116: oversized 2 bed, 1 bath with wood kitchen cabinetry and granite countertops; new A/C and new interior paint
- Unit 1118: 1 bed, 1 bath with tile flooring throughout; remodeled kitchen and bath; new interior paint
- Unit 1120: 2 bed, 2 bath with a remodeled kitchen and vinyl flooring
- On‑site washers and dryers, and recently painted exterior
Overview
This for-sale triplex includes three separate units at 1116, 1118, and 1120 S 17th Avenue. Unit 1116 is an oversized two-bedroom, one-bath layout with wood kitchen cabinetry and granite countertops, tile flooring throughout, new A/C, and new interior paint. Unit 1118 offers one bedroom and one bath with tile flooring, a remodeled kitchen and bath, and new interior paint. Unit 1120 provides two bedrooms and two baths, with a remodeled kitchen and vinyl flooring. The building’s exterior has also recently been painted, and washers and dryers are available on the premises.
The property is described as being east of US-1 and is positioned for convenient day-to-day access, with proximity to bus lines and shopping. Public remarks also note closeness to a casino, beaches, and Young Circle.
For buyers seeking a small income property, this triplex presents three distinct residential configurations, including both one- and two-bedroom options, along with the practical benefit of on-site laundry. Recent interior updates across multiple units and the exterior refresh help support a straightforward move-in or leasing approach.
The property is described as being east of US-1 and is positioned for convenient day-to-day access, with proximity to bus lines and shopping. Public remarks also note closeness to a casino, beaches, and Young Circle.
For buyers seeking a small income property, this triplex presents three distinct residential configurations, including both one- and two-bedroom options, along with the practical benefit of on-site laundry. Recent interior updates across multiple units and the exterior refresh help support a straightforward move-in or leasing approach.
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 | $72.6k | $27.00 |
| − Vacancy | −$3.8k | −$1.40 |
| EGI | $68.8k | $25.60 |
| − OpEx | −$20.6k | −$7.68 |
| NOI | $48.2k | $17.92 |
2,688 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$688.0K
$602.0K – $802.7K
NOI $48,161 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$640.1K
$560.1K – $746.7K
NOI $44,804 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$1.05M
$920.1K – $1.23M
NOI $73,608 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1409091
- Latitude
- 26.001692
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three residential units with refreshed interiors, on-site laundry, and convenient access to retail and transit.
Where is this triplex located?
The property is located at 1116 S 17th Avenue Hollywood, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 3‑unit triplex built in 1959 with addresses 1116, 1118, and 1120 S 17 Ave; Unit 1116: oversized 2 bed, 1 bath with wood kitchen cabinetry and granite countertops; new A/C and new interior paint; Unit 1118: 1 bed, 1 bath with tile flooring throughout; remodeled kitchen and bath; new interior paint
