1136-1138 HOLLY AVENUE Holly Hill, FL 32117
Duplex near beach and river, tenants in place.
- Added:
- Oct 17, 2024
- Days on Market:
- 633
- Last Refresh:
- May 19 at 11:13 pm
Property Features for 1136-1138 HOLLY AVENUE
General Information
- Standard status
- Active
- Size
- 1,377 SF
- Lot size
- 0.11 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1947
Listing office ROBERT SLACK LLC (407) 496-4196
Listing date Oct 17, 2024
Source Exitrealty
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 ROBERT SLACK LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location near both the beach and the river.
- Ideal investment opportunity for rental income.
- Tenants already in place for immediate income generation.
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 | $19.2k | $13.92 |
| − Vacancy | −$1.9k | −$1.39 |
| EGI | $17.3k | $12.53 |
| − OpEx | −$5.2k | −$3.76 |
| NOI | $12.1k | $8.77 |
