ND-3 Quadplex
For Sale
$625,000
Pending
1913 Taylor Street, Hollywood, FL 33020
Four-unit residential configuration with varied unit types and an active municipal Certificate of Use Violation.
Property Size2,670 SF
Days on Market66
Property Features for 1913 Taylor Street
General Information
Standard status
Pending
Size
2,670 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
ND-3
Taxes and HOA fees
Annual Taxes
$11,402
Building Details
Building Size
2,670 SF
Year Built
1951
Stories
1
Listing Agency:
Compass Florida, LLC
Listed By:
Andrew D Dittoe · License #3369646
(954) 647-2900
Source:
Laerrealty
Added: Aug 3
Changed: Sep 21
Last Checked: Oct 5 at 3:47PM
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 Compass Florida, LLC
Investment Insights
Based on property information with market context.
This 1951 residential property contains 2,670 square feet of living space and is currently arranged as four units: one 3/1, one 1/1, and two studios. The property has two electric meters plus a house meter, supporting its existing multi-unit configuration. Zoning is ND-3.
The property is located at 1913 Taylor Street in Hollywood, Florida, near Young Circle and approximately 2.5 miles from the beach. A Certificate of Use Violation from the City remains in place; the buyer will assume responsibility for working with the City to resolve it. The existing layout is also described as convertible to a duplex arrangement consisting of a 4/2 and a 2/2.
The property is located at 1913 Taylor Street in Hollywood, Florida, near Young Circle and approximately 2.5 miles from the beach. A Certificate of Use Violation from the City remains in place; the buyer will assume responsibility for working with the City to resolve it. The existing layout is also described as convertible to a duplex arrangement consisting of a 4/2 and a 2/2.
Key Highlights
- 2,670 SF of living space
- Current quadplex layout: 3/1, 1/1, and two studios
- ND‑3 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,839
Cap Rate
7.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$956,780
$956.8K
Cap Rate 7%
$683,414
$683.4K
Cap Rate 9%
$531,544
$531.5K
Market Conditions
NOI Build-Up for 2,670 SF
Gross rent
$72.1K $27.00/SF
− Vacancy
−$3.7K −$1.40/SF
EGI
$68.3K $25.60/SF
− OpEx
−$20.5K −$7.68/SF
NOI
$47.8K $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%
$956,780
Cap Rate 7%
$683,414
Cap Rate 9%
$531,544
Alternative Uses
Best Use
Multifamily LT 5
$683.4K
$598.0K – $797.3K
NOI $47,839 @ 7.0% cap · market cap 7.65%
Second Best
Apartment 5plus
$635.8K
$556.3K – $741.7K
NOI $44,503 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$1.04M
$913.9K – $1.22M
NOI $73,115 @ 7.0% cap · market cap 11.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,566
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
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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?
Quadplex - Four-unit residential configuration with varied unit types and an active municipal Certificate of Use Violation.
Where is this quadplex located?
The property is located at 1913 Taylor Street Hollywood, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 2,670 SF of living space; Current quadplex layout: 3/1, 1/1, and two studios; ND‑3 zoning
