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Renovated Multi-Use Corner Lot

2001 N 22nd Avenue Hollywood, FL 33020

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Fully renovated multi-use property in the heart of Central Hollywood.

Type:Multifamily
Property size:
2,644 SF
Lot size:
0.20 Acres
Price / SF:
$327.16/SF
Added:
Mar 6, 2026
Days on Market:
130
Last Refresh:
Jul 2 at 5:38 am

Property Features for 2001 N 22nd Avenue

General Information

Standard status
Active
Size
2,644 SF
Lot size
0.20 Acres
Property subtype
Multifamily

Building Details

Year Built
1956

Listing office Keller Williams Realty Profess

Listing date Mar 6, 2026

Source Crexi

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 Keller Williams Realty Profess


Investment Insights

Based on property information with market context.

This renovated multi-use property is located in Central Hollywood. The corner lot property features 4 bedrooms and 5 bathrooms within 2,511 square feet of upgraded living space, situated on an 8,673 sq ft lot. The property has undergone over $350,000 in upgrades, including 2023 A/C units, a 2023 water heater, and a new 2024 roof. Each unit has its own exterior entrance, and there are two laundry rooms on site. The property features 33x33 porcelain tile flooring, quartz countertops, recessed lighting, impact windows, and impact doors. It is located minutes from FLL Airport, I-95, Hollywood Beach, Downtown Hollywood, and Gulfstream Park. The property is suitable for house hackers, investors, multigenerational living, and potential short-term renting.

Key Highlights

  • Fully renovated with over $350,000 in upgrades, including a new 2024 roof, 2023 A/C units, and a 2023 water heater.
  • Multi‑use property with separate entrances and two laundry rooms, suitable for various living arrangements.
  • Prime corner‑lot location in Central Hollywood, minutes from key destinations.

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 $71.4k $27.00
− Vacancy −$3.7k −$1.40
EGI $67.7k $25.60
− OpEx −$20.3k −$7.68
NOI $47.4k $17.92
2,644 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$676.8K
$592.2K – $789.6K (±1% cap)
NOI $47,373 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$629.6K
$550.9K – $734.5K (±1% cap)
NOI $44,070 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$1.03M
$905.0K – $1.21M (±1% cap)
NOI $72,403 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office Parking Lot & Garage Acupuncture Accounting Firm Locksmith (Bike/Boat/Book/etc) Store Daycare Center Cafe & Coffee Shop Catering Service Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Fully renovated multi-use property in the heart of Central Hollywood.
Where is this quadplex located?
The property is located at 2001 N 22nd Avenue Hollywood, FL.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: Fully renovated with **over $350,000 in upgrades**, including a new 2024 roof, 2023 A/C units, and a 2023 water heater.; Multi‑use property with separate entrances and two laundry rooms, suitable for various living arrangements.; **Prime corner‑lot location** in Central Hollywood, minutes from key destinations.
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