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Remodeled Duplex with New Roof
For Sale
$595,000

1927 Funston Street, Hollywood, FL 33020

Residential Income, Hollywood, FL

Property Size1,523 SF
Lot Size0.12 Acres
Price / SF$390.68
Days on Market136

Property Features for 1927 Funston Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning PS-1
Bedrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 3
Window features Insulated Windows
Pets allowed Dogs OK, Yes
Subdivision HOLLYWOOD SOUTH SIDE ADD NO 2
Lot features Oversized Lot
Elementary school Colbert
Middle school Olsen
High school South Broward
Standard status Active
APN 514222101000
Size 1,523 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 9 BLK 6
Tax Annual Amount 7609
Legal Description HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 9 BLK 6

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas, Electric (Heating)
Cooling system Electric, Central Air
Water source Public

Amenities

front porch
backyard

Building Details

Year built 1949
Floors in Building 1
Number of units 2
Flooring type Tile - Ceramic
Building materials Block, Brick, CBS
Roof type Shingle
Listing Agency: EXP Realty LLC
Listed By: Andrew L Nepaul · License #0679210
Added: May 30 Changed: Oct 11 Last Checked: Oct 12 at 3:06PM
MLS# B26034762

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.

Investment Insights

Based on property information with market context.

This 1,523-square-foot duplex was built in 1949 and remodeled approximately 8–10 years ago. The property includes three bedrooms and three bathrooms, with ceramic tile flooring throughout and an updated kitchen equipped with modern appliances. A new shingle roof was installed in 2024. Block, brick, and CBS construction materials, public water, public sewer, central air, and electric cooling are also included.

The 0.12-acre property has a front porch and an expansive backyard. It is located near Young Circle, within a short bike ride of the beaches, and convenient to restaurants, shopping, and public transportation. The property is zoned PS-1 and includes cable availability.

Key Highlights

  • 1,523‑square‑foot duplex on a 0.12‑acre lot
  • New shingle roof installed in 2024
  • Remodeled approximately 8–10 years ago

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,288
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,760 $545.8K
Cap Rate 7%
$389,829 $389.8K
Cap Rate 9%
$303,200 $303.2K
Market Conditions
NOI Build-Up for 1,523 SF
Gross rent
$41.1K $27.00/SF
− Vacancy
−$2.1K −$1.40/SF
EGI
$39.0K $25.60/SF
− OpEx
−$11.7K −$7.68/SF
NOI
$27.3K $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%
$545,760
Cap Rate 7%
$389,829
Cap Rate 9%
$303,200

Alternative Uses

Best Use
Multifamily LT 5
$389.8K
$341.1K – $454.8K (±1% cap)
NOI $27,288 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$362.6K
$317.3K – $423.1K (±1% cap)
NOI $25,385 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$595.8K
$521.3K – $695.1K (±1% cap)
NOI $41,706 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Tanning Salon Clothing & Fashion Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,796
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with ceramic tile floors, updated kitchen appliances, a front porch, and an expansive backyard.
Where is this duplex located?
The property is located at 1927 Funston Street Hollywood, FL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 1,523‑square‑foot duplex on a 0.12‑acre lot; New shingle roof installed in 2024; Remodeled approximately 8–10 years ago
More about this property
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