East Hollywood Duplex with Private
1639 Hayes Street Hollywood, FL 33020
For Sale
Contact for pricing
Pending
Legal duplex in solid CBS construction with fenced yard and private parking for each unit.
Property Size1,260 SF
Days on Market168
Property Features for 1639 Hayes Street
General Information
- Standard status
- Pending
- Size
- 1,260 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1951
Listing Agency:
KW Commercial Boca Raton East
(561) 305-6161
Listed By:
Stephen Molinari · License #3530706
Source:
Crexi
Added: Feb 5
Changed: Jul 23
Last Checked: Jul 23 at 4:34PM
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 KW Commercial Boca Raton East
Investment Insights
Based on property information with market context.
This legal duplex is built with solid CBS construction and is described as maintained in excellent condition. The property includes a fenced yard and private parking for each unit. A new roof was installed in 2025.
The home is located in East Hollywood, just east of US-1. The public remarks indicate it is minutes from Downtown Hollywood, beaches, golf courses, Gulfstream Park, and Fort Lauderdale–Hollywood International Airport.
Zoned RM-12, the property is presented with the potential to operate as three income-producing units, subject to configuration. The remarks also mention Airbnb potential under the RM-12 zoning context.
The home is located in East Hollywood, just east of US-1. The public remarks indicate it is minutes from Downtown Hollywood, beaches, golf courses, Gulfstream Park, and Fort Lauderdale–Hollywood International Airport.
Zoned RM-12, the property is presented with the potential to operate as three income-producing units, subject to configuration. The remarks also mention Airbnb potential under the RM-12 zoning context.
Key Highlights
- Legal duplex built in 1951 with solid CBS construction
- New roof (2025)
- Fenced yard plus private parking for each unit
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 | $34.0k | $27.00 |
| − Vacancy | −$1.8k | −$1.40 |
| EGI | $32.3k | $25.60 |
| − OpEx | −$9.7k | −$7.68 |
| NOI | $22.6k | $17.92 |
1,260 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$322.5K
$282.2K – $376.3K
NOI $22,576 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$300.0K
$262.5K – $350.0K
NOI $21,002 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$492.9K
$431.3K – $575.1K
NOI $34,504 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Legal duplex in solid CBS construction with fenced yard and private parking for each unit.
Where is this duplex located?
The property is located at 1639 Hayes Street Hollywood, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Legal duplex built in 1951 with solid CBS construction; New roof (2025); Fenced yard plus private parking for each unit
