Updated
New
For Sale
$550,000
1670 Harding Street, Hollywood, FL 33020
RM-12 zoning and separate laundry appliances in both units support a flexible residential setup.
Property Size1,560 SF
Price / SF$352.56
Days on Market3
Property Features for 1670 Harding Street
General Information
Standard status
Active
Size
1,560 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
RM-12
Units
Multifamily Units
2
Parking per Unit
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$11,694
Amenities
central air conditioning
in-unit washer/dryer
Building Details
Year Built
1986
Buildings
1
Stories
1
Listing Agency:
LPT Realty, LLC
Listed By:
Jabarie Jackson · License #3498109
(786) 543-0903
Source:
Laerrealty
Added: Oct 19
Last Checked: Oct 20 at 6:00PM
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 LPT Realty, LLC
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Investment Insights
Based on property information with market context.
This 1,560-square-foot duplex, built in 1986, contains two units. Unit A has refreshed flooring, a remodeled kitchen, and renovated bathrooms. Each unit includes a washer and dryer, central air conditioning, and two parking spaces. Bedrooms accommodate king-size beds, and the property has full bathrooms.
Unit B is tenant-occupied. The property is zoned RM-12 and is described as outside a flood zone. The beach is a 2-mile bike ride away, with I-95, the airport, shopping, and schools also nearby.
Unit B is tenant-occupied. The property is zoned RM-12 and is described as outside a flood zone. The beach is a 2-mile bike ride away, with I-95, the airport, shopping, and schools also nearby.
Key Highlights
- 1,560‑square‑foot duplex built in 1986
- Unit A features updated flooring, a remodeled kitchen, and renovated bathrooms
- Washer and dryer provided in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,951
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$559,020
$559.0K
Cap Rate 7%
$399,300
$399.3K
Cap Rate 9%
$310,567
$310.6K
Market Conditions
NOI Build-Up for 1,560 SF
Gross rent
$42.1K $27.00/SF
− Vacancy
−$2.2K −$1.40/SF
EGI
$39.9K $25.60/SF
− OpEx
−$12.0K −$7.68/SF
NOI
$28.0K $17.92/SF
Area
Hollywood, FL
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$559,020
Cap Rate 7%
$399,300
Cap Rate 9%
$310,567
Alternative Uses
Best Use
Multifamily LT 5
$399.3K
$349.4K – $465.9K
NOI $27,951 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$371.5K
$325.0K – $433.4K
NOI $26,002 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$610.3K
$534.0K – $712.0K
NOI $42,719 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,413
Businesses Nearby
Explore this area
Business Placement
Demographics for 33020, FL
45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - RM-12 zoning and separate laundry appliances in both units support a flexible residential setup.
Where is this duplex located?
The property is located at 1670 Harding Street Hollywood, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1,560‑square‑foot duplex built in 1986; Unit A features updated flooring, a remodeled kitchen, and renovated bathrooms; Washer and dryer provided in each unit
