Duplex Income
For Sale
$629,000
1914 Sheridan St Street Unit 1-2, Hollywood, FL 33020
For sale duplex income property in Hollywood, Florida, offered as a residential income asset.
Property Size1,684 SF
Price / SF$373.52
Days on Market29
Property Features for 1914 Sheridan St Street Unit 1-2
General Information
Standard status
Active
Size
1,684 SF
Property subtype
Duplex
Amenities
Acres: 0.16, Square Feet: 7123, Features: Less Than 1/4 Acre Lot, Less Than 1 Acre, Fenced
Roof: Composition Roll
Fencing: Fenced
Sewer: Public Sewer, Public Sanitation, Sewer
Parcel Number: 514203103310, Tax Annual Amount: $7,493, Tax Exemptions: Other Exemptions, Tax Reflects Other Tax Exemption, Tax Legal Description: NORTH HOLLYWOOD 4-1 B LOT 13 LESS N 15 FOR R/W BLK 27, Tax Year: 2025
Flooring: Tile
Gross Income: $60,000, Net Operating Income: $48,000
Cooling: Ceiling Fan(s), Central Individual A/C
Heating: Central Individual A/C
Number Of Units Total: 3, Standard Status: Active, Total Actual Rent: 60000
Elementary School: Dania Beach, Middle Or Junior School: Olsen, High School: South Broward
Features: Complete Impact Glass, Complete Panel Shutters/Awnings
Living Area: 1684, Architectural Style: Twin Home, Half Duplex, Twin Homes, Construction Materials: Concrete Block Construction, CBS Construction, Stucco, Levels: 1, Stories: 1, Year Built: 1950, Year Built Details: Resale, Building Area Total: 1684, Building Features: Room For Pool, Structure Type: Duplex
County Or Parish: Broward County, MLS Area Major: North Hollywood, Subdivision Name: NORTH HOLLYWOOD, Unit Number: 1-2
Leasable Area Units: Square Feet, Property Attached, View, View: Garden
Units In Community: 3
Electric On Property YN: t, Electric: 100 Amp Service, 3 Phase Electric, Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Tenant Pays: Sewer, Water
Water Source: Public
Features: Courtyard, Room For Pool, Patio/Porch: Patio
Building Details
Year Built
1950
Listing Agency:
Barnes International Realty, L
(754) 328-8218
Listed By:
Damien Rispoli · License #3085829
(754) 328-8218
Source:
Riserealty
Added: Jul 17
Changed: Aug 14
Last Checked: Aug 14 at 6:29AM
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 Barnes International Realty, L
Investment Insights
Based on property information with market context.
This for-sale residential income property is structured as a duplex and is listed under residential income, multifamily, and duplex property types. The property is offered at 1,684 square feet and is positioned for buyers looking at owner-occupied or income-producing residential real estate.
Located at 1914 Sheridan Street in Hollywood, Florida (33020), the asset benefits from a straightforward, small-format multifamily configuration typical of duplex properties.
Additional details such as unit configuration, condition, and specific layout features are not provided in the available information, so interested parties are encouraged to request the full offering packet or confirm specifics directly.
Located at 1914 Sheridan Street in Hollywood, Florida (33020), the asset benefits from a straightforward, small-format multifamily configuration typical of duplex properties.
Additional details such as unit configuration, condition, and specific layout features are not provided in the available information, so interested parties are encouraged to request the full offering packet or confirm specifics directly.
Key Highlights
- Duplex income property
- Built in 1950
- Located in Hollywood, Florida
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,173
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$603,460
$603.5K
Cap Rate 7%
$431,043
$431.0K
Cap Rate 9%
$335,256
$335.3K
Market Conditions
NOI Build-Up for 1,684 SF
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.
Gross rent
$45.5K $27.00/SF
− Vacancy
−$2.4K −$1.40/SF
EGI
$43.1K $25.60/SF
− OpEx
−$12.9K −$7.68/SF
NOI
$30.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$603,460
Cap Rate 7%
$431,043
Cap Rate 9%
$335,256
Alternative Uses
Best Use
Multifamily LT 5
$431.0K
$377.2K – $502.9K
NOI $30,173 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$401.0K
$350.9K – $467.8K
NOI $28,069 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$658.8K
$576.4K – $768.6K
NOI $46,115 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,440
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
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Frequently Asked Questions
What type of property is this?
Duplex - For sale duplex income property in Hollywood, Florida, offered as a residential income asset.
Where is this duplex located?
The property is located at 1914 Sheridan St Street Unit 1-2 Hollywood, FL.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Duplex income property; Built in 1950; Located in Hollywood, Florida
