Triplex Income
For Sale
$680,000
1711 Thomas St, Hollywood, FL 33020
MULTI_FAMILY - Hollywood, FL
Property Size1,931 SF
Price / SF$352.15
Days on Market30
Property Features for 1711 Thomas St
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning description
FH-1
Bedrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1
Parking
3
Subdivision
MARGOLIS ESTATES
Lot features
< 1/4 Acre
Standard status
Active
APN
514210420050
Size
1,931 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
MARGOLIS ESTATES 35-35 B LOT 5
Tax Annual Amount
11676
Legal Description
MARGOLIS ESTATES 35-35 B LOT 5
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Building Details
Year built
1957
Flooring type
Tile - Ceramic, Laminate
Building materials
Block
Roof type
Barrel
Listing Agency:
United Realty Group Inc.
(954) 450-2000
Listed By:
Keylla Kell Sanchez · License #3232235
(954) 274-6341
Added: Jul 2
Changed: Jul 29
Last Checked: Jul 31 at 4:06PM
MLS# A12019592
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 triplex at 1711 Thomas St, Hollywood, FL 33020 offers three rental units with all units set up on month-to-month terms. Public remarks indicate current rents are below market, and the property is described as having no HOA and no rental restrictions.
According to the listing, the location is in the heart of Hollywood and is just minutes from Hollywood Beach, Downtown Hollywood, shopping and dining, and Fort Lauderdale International Airport.
For investors seeking a smaller-scale multifamily asset with flexible lease terms, this triplex is positioned as suitable for both short- and long-term rentals, based on the terms and restrictions described in the listing.
According to the listing, the location is in the heart of Hollywood and is just minutes from Hollywood Beach, Downtown Hollywood, shopping and dining, and Fort Lauderdale International Airport.
For investors seeking a smaller-scale multifamily asset with flexible lease terms, this triplex is positioned as suitable for both short- and long-term rentals, based on the terms and restrictions described in the listing.
Key Highlights
- Triplex built in 1957 with block construction
- All units are month‑to‑month with current rents below market
- No HOA and no rental restrictions
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 | $52.1k | $27.00 |
| − Vacancy | −$2.7k | −$1.40 |
| EGI | $49.4k | $25.60 |
| − OpEx | −$14.8k | −$7.68 |
| NOI | $34.6k | $17.92 |
1,931 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$494.3K
$432.5K – $576.6K
NOI $34,598 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$459.8K
$402.3K – $536.4K
NOI $32,186 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$755.4K
$661.0K – $881.3K
NOI $52,879 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,282
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit triplex with all units month-to-month and no HOA or rental restrictions, providing flexibility for investors.
Where is this triplex located?
The property is located at 1711 Thomas St Hollywood, FL.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Triplex built in 1957 with block construction; All units are month‑to‑month with current rents below market; No HOA and no rental restrictions
