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Triplex with Coin Laundry
New
For Sale
$800,000

1220 S 20TH Avenue, Hollywood, FL 33020

MULTI_FAMILY - Hollywood, FL

Property Size1,476 SF
Price / SF$542.01
Days on Market6

Property Features for 1220 S 20TH Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning PS-1
Bedrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1
Pets allowed Yes, Dogs OK
Subdivision HOLLYWOOD SOUTH SIDE ADD NO 2
Elementary school Colbert
High school South Broward
Standard status Active
APN 514222100110
Size 1,476 SF

Taxes and HOA fees

Tax Year 2025
Tax Description HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 16 BLK 1
Tax Annual Amount 10587
Legal Description HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 16 BLK 1

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric
Water source Public

Amenities

coin laundry

Building Details

Year built 1952
Floors in Building 1
Number of units 2
Flooring type Tile - Ceramic
Building materials Concrete Block - No Stucco
Roof type Shingle
Listing Agency: United Realty Group Inc.
Listed By: Stephen D Harper · License #3351470
Added: Jul 31 Changed: Aug 1 Last Checked: Aug 5 at 5:06AM
MLS# B26058856

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This triplex includes one vacant unit that can be easily shown, with coin laundry on site for added convenience. The property totals 1,476 square feet and was built in 1952.

Construction is concrete block with no stucco, and interiors feature tile-ceramic flooring. Heating and cooling are electric. The roof is shingle.

Utilities include public water with public sewer, supporting day-to-day operations for residents and laundry use. The property is zoned PS-1.

The address is 1220 S 20TH Avenue, Hollywood, FL 33020.

Key Highlights

  • Triplex with one vacant unit that can be easily shown
  • Coin laundry on site
  • 1,476 square feet

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 (±1% cap)
NOI $26,446 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$351.5K
$307.5K – $410.0K (±1% cap)
NOI $24,602 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$577.4K
$505.2K – $673.7K (±1% cap)
NOI $40,419 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Tanning Salon Clothing & Fashion Store Adult Day Care

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,146
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Triplex zoned PS-1 with one vacant unit, plus coin laundry, public water and sewer, and electric heating and cooling.
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 with one vacant unit that can be easily shown; Coin laundry on site; 1,476 square feet
More about this property
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