Triplex with Detached Guest
For Sale
$650,000
1726 Roosevelt Street, Hollywood, FL 33020
Three rental units include a two-bedroom home, an efficiency, and a separate one-bedroom residence.
Property Size1,738 SF
Lot Size0.15 Acres
Price / SF$373.99
Days on Market28
Property Features for 1726 Roosevelt Street
General Information
Standard status
Active
Size
1,738 SF
Total Parking Spaces
4
Lot size
0.15 Acres
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/2BA, 2 x 1BR/1BA
Multifamily Units
3
Additional Details
Highway Access
Yes
Amenities
central A/C
updated kitchen appliances
shuttered windows
Building Details
Year Built
1959
Buildings
2
Listing Agency:
Fausto Commercial Realty Consultants Inc
(786) 748-7373
Listed By:
Elior Levi · License #3574869
(954) 743-7594
Source:
Lehmannflorida
Added: Sep 9
Changed: Oct 6
Last Checked: Oct 5 at 7:18PM
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 Fausto Commercial Realty Consultants Inc
Investment Insights
Based on property information with market context.
This Hollywood triplex contains three rental units: a two-bedroom, two-bathroom home, a one-bedroom, one-bathroom efficiency, and a detached one-bedroom, one-bathroom guest house. The property has central A/C, tile and vinyl flooring, updated kitchen appliances, shuttered windows, and four parking spaces. Roofs were replaced in early 2020.
The property is in Hollywood, with access to Downtown Hollywood, shopping, dining, employment centers, major highways, and nearby beaches.
The property is in Hollywood, with access to Downtown Hollywood, shopping, dining, employment centers, major highways, and nearby beaches.
Key Highlights
- Three units: a 2‑bedroom/2‑bathroom home, 1‑bedroom/1‑bathroom efficiency, and detached 1‑bedroom/1‑bathroom guest house
- Four parking spaces
- Roofs replaced in early 2020
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,140
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$622,800
$622.8K
Cap Rate 7%
$444,857
$444.9K
Cap Rate 9%
$346,000
$346.0K
Market Conditions
NOI Build-Up for 1,738 SF
Gross rent
$46.9K $27.00/SF
− Vacancy
−$2.4K −$1.40/SF
EGI
$44.5K $25.60/SF
− OpEx
−$13.3K −$7.68/SF
NOI
$31.1K $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%
$622,800
Cap Rate 7%
$444,857
Cap Rate 9%
$346,000
Alternative Uses
Best Use
Multifamily LT 5
$444.9K
$389.3K – $519.0K
NOI $31,140 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$413.8K
$362.1K – $482.8K
NOI $28,969 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$679.9K
$594.9K – $793.2K
NOI $47,593 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,373
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Triplex - Three rental units include a two-bedroom home, an efficiency, and a separate one-bedroom residence.
Where is this triplex located?
The property is located at 1726 Roosevelt Street Hollywood, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Three units: a 2‑bedroom/2‑bathroom home, 1‑bedroom/1‑bathroom efficiency, and detached 1‑bedroom/1‑bathroom guest house; Four parking spaces; Roofs replaced in early 2020
