Turn-Key Hollywood Rental
6014 Rodman Street Hollywood, FL 33023
6014 Rodman Street, Hollywood, FL, 33023
$560,000
For Sale
$560,000
Five-unit rental property in Hollywood, renovated in 2013.
Property Size1,842 SF
Price / SF$304.02
Days on Market2281
Property Features for 6014 Rodman Street
General Information
- Standard status
- Active
- Size
- 1,842 SF
- Property subtype
- Commercial/Industrial / Income/Multi Family
Building Details
- Year Built
- 1956
Listing Agency
Beachfront Realty Inc
(305) 405-0615
Listed by
Olimpia Moldovan · License #0638016
(305) 405-0615
Source
Compass
Added: Apr 21, 2020 Checked: Jul 19 at 4:07 am
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 Beachfront Realty Inc
Investment Insights
Based on property information with market context.
This is a five-unit rental property, consisting of one one-bedroom, one-bathroom unit and four efficiency units. Each unit has a separate electric meter. The property was completely renovated in 2013, including a new roof, impact windows, kitchens, floors, bathrooms, appliances, and doors. The building has a total area of 1842 square feet. The property is currently 100% occupied with long-term tenants.
Key Highlights
- Completely renovated in 2013: new roof, impact windows, kitchens, floors, bathrooms, appliances, and doors.
- Turn‑key rental property featuring 5 units (1- 1/1 & 4 efficiencies).
- 100% occupied with long‑term tenants.
Local Financial Insights For Apartment 5plus
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 | $58.6k | $31.80 |
| − Vacancy | −$2.8k | −$1.49 |
| EGI | $55.8k | $30.31 |
| − OpEx | −$25.1k | −$13.64 |
| NOI | $30.7k | $16.67 |
1,842 SF · lease $31.80/SF/yr · vacancy 4.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$438.6K
$383.8K – $511.7K
NOI $30,702 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$720.6K
$630.5K – $840.7K
NOI $50,441 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Florida Prime Glass ...
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Five-unit rental property in Hollywood, renovated in 2013.
Where is this apartment building located?
The property is located at 6014 Rodman Street Hollywood, FL.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Completely renovated in 2013: new roof, impact windows, kitchens, floors, bathrooms, appliances, and doors.; Turn‑key rental property featuring 5 units (1- 1/1 & 4 efficiencies).; 100% occupied with long‑term tenants.
