Legal Duplex with Private
1633 Tyler St Hollywood, FL 33020
New
1633 Tyler St, Hollywood, FL, 33020
$1,349,000
Pending
For Sale
$1,349,000
Pending
MULTI_FAMILY - Hollywood, FL
Property Size2,412 SF
Days on Market3
Property Features for 1633 Tyler St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Rooms
- Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 5, Bedroom 4
- Parking
- 4
- Standard status
- Pending
- APN
- 514215023790
- Size
- 2,412 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- HOLLYWOOD 1-21 B LOT 7 BLK 74
- Tax Annual Amount
- 14522
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1996
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Flat, Tile
Listing Agency
LoKation
(954) 545-5583
1500 E Atlantic Blvd. The K. Co. Building, Pompano Beach, FL
Listed by
Patrizia Goglio · License #3370734
(786) 450-8975
Added: Jul 17 Checked: Jul 19 at 2:06 am
MLS# A11968905
Listing URL
Copyright © 2026 Miami REALTORS®. 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 rare legal duplex is designed back-to-back with only one shared rear wall, and it operates functionally like two separate single-family homes. The front residence has a private entrance from Tyler Street, while the second residence has a private entrance from the rear alley. Each unit offers a spacious 3-bedroom, 2-bath layout with a primary suite and an ensuite bath, plus sliding glass doors from the living area to a private patio. Washer and dryer are included in each unit.
Parking and metering are set up independently for each residence. Each unit has two dedicated parking spaces directly in front (four total), and there are two separate electric meters. Both homes also include private yards. Recent upgrades include a 1-year-old roof and hurricane impact windows. The property is offered fully furnished, turnkey, and furnished with the existing short-term rental setup.
Located in Downtown Hollywood, the duplex is about one block from Young Circle and near restaurants, cafes, stores, and other local amenities. The property is within the LT (Local Activity Center) zoning district, which allows multifamily, live-work, lodging, office, and select commercial uses, with development potential up to approximately 6,398 square feet under current regulations. The current operation as a short-term rental is described as generating approximately $120,000 annually, and a new owner could begin using the existing setup immediately.
Parking and metering are set up independently for each residence. Each unit has two dedicated parking spaces directly in front (four total), and there are two separate electric meters. Both homes also include private yards. Recent upgrades include a 1-year-old roof and hurricane impact windows. The property is offered fully furnished, turnkey, and furnished with the existing short-term rental setup.
Located in Downtown Hollywood, the duplex is about one block from Young Circle and near restaurants, cafes, stores, and other local amenities. The property is within the LT (Local Activity Center) zoning district, which allows multifamily, live-work, lodging, office, and select commercial uses, with development potential up to approximately 6,398 square feet under current regulations. The current operation as a short-term rental is described as generating approximately $120,000 annually, and a new owner could begin using the existing setup immediately.
Key Highlights
- Legal duplex designed back‑to‑back with only one shared rear wall, functioning as two separate homes
- Two private entrances: one from Tyler Street and one from the rear alley; each unit has a private yard
- Each residence offers 3 bedrooms and 2 bathrooms, with living‑area sliding doors to a private patio
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 | $65.1k | $27.00 |
| − Vacancy | −$3.4k | −$1.40 |
| EGI | $61.7k | $25.60 |
| − OpEx | −$18.5k | −$7.68 |
| NOI | $43.2k | $17.92 |
2,412 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$617.4K
$540.2K – $720.3K
NOI $43,216 @ 7.0% cap · market cap 3.20%
Second Best
Apartment 5plus
$574.3K
$502.5K – $670.1K
NOI $40,203 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$943.6K
$825.6K – $1.10M
NOI $66,050 @ 7.0% cap · market cap 4.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - A rare legal duplex configured like two homes, each with its own entrance, parking, yards, and in-unit laundry.
Where is this duplex located?
The property is located at 1633 Tyler St Hollywood, FL.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: Legal duplex designed back‑to‑back with only one shared rear wall, functioning as two separate homes; Two private entrances: one from Tyler Street and one from the rear alley; each unit has a private yard; Each residence offers 3 bedrooms and 2 bathrooms, with living‑area sliding doors to a private patio
