Triplex with Coin
New
For Sale
$800,000
1220 S 20TH Avenue, Hollywood, FL 33020
One vacant unit provides access for showings, while PS-1 zoning and on-site laundry support the existing configuration.
Property Size1,476 SF
Price / SF$542.01
Days on Market4
Property Features for 1220 S 20TH Avenue
General Information
Standard status
Active
Size
1,476 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
PS-1
Taxes and HOA fees
Annual Taxes
$10,587
Amenities
coin laundry
Building Details
Building Size
1,476 SF
Year Built
1952
Stories
1
Tenancy
Multi
Listing Agency:
United Realty Group Inc.
(954) 670-9690
Listed By:
Stephen D Harper · License #3351470
(954) 670-9690
Source:
Laerrealty
Added: Aug 2
Changed: Aug 3
Last Checked: Aug 4 at 3:12AM
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 United Realty Group Inc.
Investment Insights
Based on property information with market context.
This 1952 triplex contains 1,476 square feet and includes one vacant unit that can be shown. A coin-operated laundry adds an additional on-site feature to the property, while the existing three-unit configuration provides a defined multifamily layout. The property is zoned PS-1.
Located at 1220 S 20TH Avenue in Hollywood, the property is positioned near Downtown Hollywood, major transportation corridors, Fort Lauderdale-Hollywood International Airport, and the area's beaches. Tenant privacy is requested during tours; the vacant unit is available for showing.
Located at 1220 S 20TH Avenue in Hollywood, the property is positioned near Downtown Hollywood, major transportation corridors, Fort Lauderdale-Hollywood International Airport, and the area's beaches. Tenant privacy is requested during tours; the vacant unit is available for showing.
Key Highlights
- Triplex configuration with 1,476 square feet
- One vacant unit available for showing
- Coin‑operated laundry on site
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 | $39.9k | $27.00 |
| − Vacancy | −$2.1k | −$1.40 |
| EGI | $37.8k | $25.60 |
| − OpEx | −$11.3k | −$7.68 |
| NOI | $26.4k | $17.92 |
1,476 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$377.8K
$330.6K – $440.8K
NOI $26,446 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$351.5K
$307.5K – $410.0K
NOI $24,602 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$577.4K
$505.2K – $673.7K
NOI $40,419 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,146
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - One vacant unit provides access for showings, while PS-1 zoning and on-site laundry support the existing configuration.
Where is this triplex located?
The property is located at 1220 S 20TH Avenue Hollywood, FL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Triplex configuration with 1,476 square feet; One vacant unit available for showing; Coin‑operated laundry on site
