Two-Lot Commercial
New
For Sale
$375,000
1900 N 66TH Avenue, Hollywood, FL 33024
Residential Income, Hollywood, FL
Property Size1,430 SF
Lot Size0.14 Acres
Price / SF$262.24
Days on Market5
Property Features for 1900 N 66TH Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
C-3
Pets allowed
No, Yes
Lot features
Corner Lot, Oversized Lot
Elementary school
Sheridan Park
Middle school
Driftwood
High school
McArthur
Subdivision
3100
Standard status
Active
APN
514111000041
Size
1,430 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
11-51-41 N 100 OF W 60 OF E 225 OF SE1/4 OF SW1/4 OF NE1/4
Tax Annual Amount
3170
Legal Description
11-51-41 N 100 OF W 60 OF E 225 OF SE1/4 OF SW1/4 OF NE1/4
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1962
Floors in Building
1
Number of units
2
Building materials
Stucco
Additional Structures
Outbuilding
Listing Agency:
Compass Florida, LLC
(954) 477-7332
Listed By:
Brittany Alfonso · License #3510242
(561) 215-3829
Added: Oct 13
Last Checked: Oct 17 at 12:06AM
MLS# B26087780
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Two contiguous commercial parcels are being sold as a single package. Each lot is approximately 6,000 SF, for roughly 12,000 SF combined, and both are zoned C-3. The sale is strictly as-is; the existing buildings require full interior renovation. Any future use or development is subject to applicable zoning, permitting, and approvals.
Key Highlights
- Two contiguous parcels offered only as a combined sale
- Approximately 6,000 SF per parcel; roughly 12,000 SF combined
- Both parcels zoned C‑3
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,622
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,440
$512.4K
Cap Rate 7%
$366,029
$366.0K
Cap Rate 9%
$284,689
$284.7K
Market Conditions
NOI Build-Up for 1,430 SF
Gross rent
$38.6K $27.00/SF
− Vacancy
−$2.0K −$1.40/SF
EGI
$36.6K $25.60/SF
− OpEx
−$11.0K −$7.68/SF
NOI
$25.6K $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%
$512,440
Cap Rate 7%
$366,029
Cap Rate 9%
$284,689
Alternative Uses
Best Use
Multifamily LT 5
$366.0K
$320.3K – $427.0K
NOI $25,622 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$340.5K
$297.9K – $397.3K
NOI $23,835 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$559.4K
$489.5K – $652.7K
NOI $39,159 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,061
Businesses Nearby
Explore this area
Business Placement
Demographics for 33024, FL
74,843
Population
26,552
Households
2.8
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
11.6 sq mi
ZIP Area
6,452
Density / Sq Mi
$76,501
Median Household Income
$38,144
Median Earnings
$1,724
Median Rent
$365,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Commercial land - The parcels are offered together and carry C-3 commercial zoning.
Where is this commercial land located?
The property is located at 1900 N 66TH Avenue Hollywood, FL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two contiguous parcels offered only as a combined sale; Approximately 6,000 SF per parcel; roughly 12,000 SF combined; Both parcels zoned C‑3
