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Renovated 5-Plex in Hollywood

5657 Grant Street Hollywood, FL 33021

5657 Grant Street, Hollywood, FL, 33021

$899,999

For Sale

$899,999

Fully renovated 5-unit multifamily property in the heart of Hollywood.

Property Size2,200 SF

Price / SF$409.09

AddedMar 26, 2025

Days on Market478

Last RefreshJul 15 at 10:35 pm

Property Features for 5657 Grant Street

General Information

Standard status: Active
Size: 2,200 SF
Property subtype: Residential Income / Fourplex

Building Details

Year Built: 1959

Listing office McKenzie Realty, LLC

Listing date Mar 26, 2025

Source Compass

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 McKenzie Realty, LLC

Investment Insights

Based on property information with market context.

This is a renovated 5-unit multifamily property located in Hollywood. The property consists of a mix of unit types, including one 1-bedroom unit, one large studio, and three studios. Each unit features renovated bathrooms, kitchens, and flooring, as well as new appliances. The property also includes an on-site laundry room for tenant convenience. The building has a new roof. The property size is 2200 square feet. This property is suitable for investors seeking potential rental income and future appreciation.

Key Highlights

Fully renovated 5‑unit multifamily property in Hollywood.
Turnkey investment opportunity with high cash flow potential.
Features a mix of unit types: 1 Bedroom, 1 Large Studio, and 3 Studios.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$70.0k	$31.80
− Vacancy	−$3.3k	−$1.49
EGI	$66.7k	$30.31
− OpEx	−$30.0k	−$13.64
NOI	$36.7k	$16.67

2,200 SF · lease $31.80/SF/yr · vacancy 4.70% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$523.9K

$458.4K – $611.2K (±1% cap)

NOI $36,670 @ 7.0% cap · market cap 4.07%

Second Best

—

no second resolved use

Theoretical Best

Office A

$860.6K

$753.1K – $1.00M (±1% cap)

NOI $60,245 @ 7.0% cap · market cap 6.69%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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For sale
Apartment buildings
FL
Hollywood
33021
5657 Grant Street

What type of property is this?

Apartment building - Fully renovated 5-unit multifamily property in the heart of Hollywood.

Where is this apartment building located?

The property is located at 5657 Grant Street Hollywood, FL.

What is the asking price?

The asking price for this property is $899,999.

What are key features of this property?

This property features: Fully renovated 5‑unit multifamily property in Hollywood.; Turnkey investment opportunity with high cash flow potential.; Features a mix of unit types: 1 Bedroom, 1 Large Studio, and 3 Studios.