Renovated 9-Unit Apartment
New
For Sale
$2,150,000
2201 Greene St #1-9, Hollywood, FL 33020
The property includes eight on-site parking spaces and a mix of one- and two-bedroom residences.
Property Size4,617 SF
Price / SF$465.67
Days on Market3
Property Features for 2201 Greene St #1-9
General Information
Standard status
Active
Size
4,617 SF
Total Parking Spaces
8
Property subtype
Commercial
Zoning
RS-1
Site & Location
Neighborhood
Liberia
Highway Access
Yes
Units
Unit Mix
4 x 2BR/1BA, 5 x 1BR/1BA
Multifamily Units
9
Additional Details
Cap Rate
7.27%
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$21,791
Building Details
Building Size
4,617 SF
Year Built
1960
Stories
2
Units
9
Listing Agency:
Fausto Commercial Realty Consultants Inc
Listed By:
Elior Levi · License #3574869
(954) 743-7594
Source:
Futureoptionrealty
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 27 at 4:20AM
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 Fausto Commercial Realty Consultants Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This nine-unit apartment property at 2201 Greene Street in Hollywood contains four two-bedroom, one-bath units and five one-bedroom, one-bath units. The 4,617-square-foot building was constructed in 1960 and has undergone extensive renovations, including plumbing and electrical updates, new air-conditioning systems, impact-rated windows and doors, and remodeled interiors. RS-1 zoning applies to the property, which also provides eight on-site parking spaces.
Downtown Hollywood is approximately five minutes away, Fort Lauderdale-Hollywood International Airport is about eight minutes away, and the beach is roughly ten minutes away. Interstate 95 is accessible from the property.
Downtown Hollywood is approximately five minutes away, Fort Lauderdale-Hollywood International Airport is about eight minutes away, and the beach is roughly ten minutes away. Interstate 95 is accessible from the property.
Key Highlights
- Nine apartment units: four 2‑bedroom/1‑bath and five 1‑bedroom/1‑bath
- 4,617‑square‑foot building constructed in 1960
- Renovations include plumbing, electrical, A/C systems, impact windows and doors, and interiors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,956
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,539,120
$1.5M
Cap Rate 7%
$1,099,371
$1.1M
Cap Rate 9%
$855,067
$855.1K
Market Conditions
NOI Build-Up for 4,617 SF
Gross rent
$146.8K $31.80/SF
− Vacancy
−$6.9K −$1.49/SF
EGI
$139.9K $30.31/SF
− OpEx
−$63.0K −$13.64/SF
NOI
$77.0K $16.67/SF
Area
Hollywood, FL
Vacancy
4.70%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,539,120
Cap Rate 7%
$1,099,371
Cap Rate 9%
$855,067
Alternative Uses
Best Use
Apartment 5plus
$1.10M
$962.0K – $1.28M
NOI $76,956 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M
NOI $126,432 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
9
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,509
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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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - The property includes eight on-site parking spaces and a mix of one- and two-bedroom residences.
Where is this apartment building located?
The property is located at 2201 Greene St #1-9 Hollywood, FL.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Nine apartment units: four 2‑bedroom/1‑bath and five 1‑bedroom/1‑bath; 4,617‑square‑foot building constructed in 1960; Renovations include plumbing, electrical, A/C systems, impact windows and doors, and interiors
