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Condominium Quadplex with Live-Work

17ef-1720 Harrison St Hollywood, FL 33019

17ef-1720 Harrison St, Hollywood, FL, 33019
$399,000
For Sale
$399,000

Four condo units with balconies and ocean-facing views, plus pool, gym, onsite management; one unit is currently vacant.

Property Size2,710 SF
Price / SF$147.23
Days on Market43

Property Features for 17ef-1720 Harrison St

General Information

Standard status
Active
Size
2,710 SF
Listing agency RE/MAX 5 Star Realty
Listed by John DeMarco · License #BK3134747
Source Exprealty
Added: Jun 9 Updated: Jul 20 at 4:53PM Checked: Jul 20 at 4:53PM

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 RE/MAX 5 Star Realty


Investment Insights

Based on property information with market context.

This condominium building offers four condo units within a single structure, featuring floor-to-ceiling windows/doors and a private balcony for the available units. Units #17E-F are currently vacant and can be converted to either a live-work unit space or an apartment.

The residences are positioned in the heart of Downtown Hollywood on Young Circle, with ocean views. The balconies provide views from roughly 17 stories up, including Miami, Fort Lauderdale, and The Guitar at The Hard Rock.

On-site amenities include an on-site management office, swimming pool, laundry room, and gym. The building recently passed its 40-year inspection.

Key Highlights

  • Four condo units totaling 2,710 SF in Downtown Hollywood on Young Circle
  • Ocean views from floor‑to‑ceiling windows/doors and balconies on the 17 stories high
  • Unit #17E‑F is currently vacant and can be converted to a live/work unit or apartment

Local Financial Insights For Mixed Use

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 $65.0k $24.00
− Vacancy −$6.5k −$2.40
EGI $58.5k $21.60
− OpEx −$22.0k −$8.10
NOI $36.6k $13.50
2,710 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 37.50%

Alternative Uses

Best Use
Office B
$747.4K
$654.0K – $872.0K (±1% cap)
NOI $52,317 @ 7.0% cap · market cap 13.11%
Second Best
Multifamily LT 5
$693.7K
$607.0K – $809.3K (±1% cap)
NOI $48,556 @ 7.0% cap · market cap 12.17%
Theoretical Best
Office A
$1.06M
$927.6K – $1.24M (±1% cap)
NOI $74,211 @ 7.0% cap · market cap 18.60%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office Law Firm Hair Salon Electrical Service Spa & Massage Center Pharmacy HVAC Service (Bike/Boat/Book/etc) Store Skin Care Clinic Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four condo units with balconies and ocean-facing views, plus pool, gym, onsite management; one unit is currently vacant.
Where is this quadplex located?
The property is located at 17ef-1720 Harrison St Hollywood, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Four condo units totaling 2,710 SF in Downtown Hollywood on Young Circle; Ocean views from floor‑to‑ceiling windows/doors and balconies on the 17 stories high; Unit #17E‑F is currently vacant and can be converted to a live/work unit or apartment
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