Four-Unit Residential Income
1624-1630 Jackson Street Hollywood, FL 33020
1624-1630 Jackson Street, Hollywood, FL, 33020
$1,099,000
For Sale
$1,099,000
Four rental units on one property, including a front residence and detached two-story building.
Property Size3,954 SF
Price / SF$277.95
Days on Market25
Property Features for 1624-1630 Jackson Street
General Information
- Standard status
- Active
- Size
- 3,954 SF
- Property subtype
- Multi-Family Income / Fourplex
Building Details
- Year Built
- 1957
Listing agency
RE/MAX 5 Star Realty
(954) 361-0000
Listed by
Alejandro Bruno · License #3118923
(954) 361-0000
Source
Compass
Added: Jun 27 Updated: Jul 21 at 1:39PM Checked: Jul 21 at 1:39PM
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 RE/MAX 5 Star Realty
Investment Insights
Based on property information with market context.
This four-unit residential income property includes a front building with a 2-bedroom, 1-bath residence plus a separate studio. The front unit features impact windows, tile flooring, granite countertops, wood cabinetry, stainless steel appliances, and central A/C, along with an enclosed front porch. A detached two-story building provides two additional 1-bedroom, 1-bath apartments, each with impact windows, separate living spaces, and central A/C.
On-site amenities include a shared coin laundry. The property has two electric meters, one water meter, and two water heaters. Roofs were replaced in 2014, and the front building’s A/C was replaced in 2023, with additional A/C systems updated throughout the property.
On-site amenities include a shared coin laundry. The property has two electric meters, one water meter, and two water heaters. Roofs were replaced in 2014, and the front building’s A/C was replaced in 2023, with additional A/C systems updated throughout the property.
Key Highlights
- 1957‑built 4‑plex with four rental units on one property: a front residence plus a detached two‑story building with two apartments
- Front building includes a 2‑bed/1‑bath residence and a separate studio, each with impact windows and central A/C
- Detached two‑story building has two 1‑bed/1‑bath apartments, both with impact windows and central A/C
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 | $106.8k | $27.00 |
| − Vacancy | −$5.6k | −$1.40 |
| EGI | $101.2k | $25.60 |
| − OpEx | −$30.4k | −$7.68 |
| NOI | $70.8k | $17.92 |
3,954 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$885.6K – $1.18M
NOI $70,845 @ 7.0% cap · market cap 6.45%
Second Best
Apartment 5plus
$941.5K
$823.8K – $1.10M
NOI $65,905 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$1.55M
$1.35M – $1.80M
NOI $108,276 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four rental units on one property, including a front residence and detached two-story building.
Where is this quadplex located?
The property is located at 1624-1630 Jackson Street Hollywood, FL.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: 1957‑built 4‑plex with four rental units on one property: a front residence plus a detached two‑story building with two apartments; Front building includes a 2‑bed/1‑bath residence and a separate studio, each with impact windows and central A/C; Detached two‑story building has two 1‑bed/1‑bath apartments, both with impact windows and central A/C
