Turnkey Remodeled Duplex
1123 N 17th Ct Hollywood, FL 33020
1123 N 17th Ct, Hollywood, FL, 33020
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For Sale
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A fully remodeled duplex with two rented 2-bedroom, 1-bath units and new roof and impact-resistant windows.
Property Size1,502 SF
Price / SF$399.47
Days on Market36
Property Features for 1123 N 17th Ct
General Information
- Standard status
- Active
- Size
- 1,502 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1951
Listing agency
JDM Realty Group, Inc
Listed by
David Egozi · License #3207504
Source
Crexi
Added: Jun 18 Updated: Jul 22 at 7:32AM Checked: Jul 22 at 7:32AM
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 JDM Realty Group, Inc
Investment Insights
Based on property information with market context.
This turnkey duplex has been fully remodeled and is configured as two spacious 2-bedroom, 1-bath units. Both units are currently rented. Improvements include a brand-new roof, impact-resistant windows throughout, new flooring, and updated interiors with luxury kitchen finishes and renovated bathrooms.
The property is located in East Hollywood, just east of US-1, with proximity to shopping, dining, and major roadways.
Offered as a stabilized, income-producing residential income property, the duplex provides two separate rental units within a fully updated building.
The property is located in East Hollywood, just east of US-1, with proximity to shopping, dining, and major roadways.
Offered as a stabilized, income-producing residential income property, the duplex provides two separate rental units within a fully updated building.
Key Highlights
- Fully remodeled duplex built in 1951
- Two rented units: each unit offers 2 bedrooms and 1 bathroom
- Brand‑new roof
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 | $40.6k | $27.00 |
| − Vacancy | −$2.1k | −$1.40 |
| EGI | $38.4k | $25.60 |
| − OpEx | −$11.5k | −$7.68 |
| NOI | $26.9k | $17.92 |
1,502 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$384.5K
$336.4K – $448.5K
NOI $26,912 @ 7.0% cap · market cap 4.49%
Second Best
Apartment 5plus
$357.6K
$312.9K – $417.3K
NOI $25,035 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$587.6K
$514.1K – $685.5K
NOI $41,131 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - A fully remodeled duplex with two rented 2-bedroom, 1-bath units and new roof and impact-resistant windows.
Where is this duplex located?
The property is located at 1123 N 17th Ct Hollywood, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Fully remodeled duplex built in 1951; Two rented units: each unit offers 2 bedrooms and 1 bathroom; Brand‑new roof
