Income Duplex with Two Electric
1916-1918 Grant Street Hollywood, FL 33020
1916-1918 Grant Street, Hollywood, FL, 33020
$749,000
For Sale
$749,000
Duplex income property with two electric meters and month-to-month, tenant-occupied units.
Property Size2,975 SF
Price / SF$251.76
Days on Market72
Property Features for 1916-1918 Grant Street
General Information
- Standard status
- Active
- Size
- 2,975 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1986
Listing agency
The Keyes Company
(305) 595-8166
Listed by
Jacqueline Jordan · License #3163797
(305) 595-8166
Source
Compass
Added: May 12 Updated: Jul 21 at 2:04AM Checked: Jul 22 at 6:10AM
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 The Keyes Company
Investment Insights
Based on property information with market context.
This income duplex features a spacious layout with a total of seven bedrooms across two units. The property has two electric meters, and it is currently tenant occupied on a month-to-month basis. The offering may benefit from updates and renovations to improve overall value.
Located in Hollywood, Florida at 1916-1918 Grant Street, the property is described as being near shopping, dining, parks, and transportation, along with everyday conveniences.
Showings are by appointment only, and tenants are to not be disturbed.
Located in Hollywood, Florida at 1916-1918 Grant Street, the property is described as being near shopping, dining, parks, and transportation, along with everyday conveniences.
Showings are by appointment only, and tenants are to not be disturbed.
Key Highlights
- Duplex income property built in 1986 with a total of 7 bedrooms
- Two electric meters serving the property
- Tenant‑occupied with month‑to‑month lease terms
Local Financial Insights For Multifamily LT 5
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 | $80.3k | $27.00 |
| − Vacancy | −$4.2k | −$1.40 |
| EGI | $76.1k | $25.60 |
| − OpEx | −$22.8k | −$7.68 |
| NOI | $53.3k | $17.92 |
2,975 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$761.5K
$666.3K – $888.4K
NOI $53,304 @ 7.0% cap · market cap 7.12%
Second Best
Apartment 5plus
$708.4K
$619.8K – $826.5K
NOI $49,587 @ 7.0% cap · market cap 6.62%
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M
NOI $81,467 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex income property with two electric meters and month-to-month, tenant-occupied units.
Where is this duplex located?
The property is located at 1916-1918 Grant Street Hollywood, FL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Duplex income property built in 1986 with a total of 7 bedrooms; Two electric meters serving the property; Tenant‑occupied with month‑to‑month lease terms
