Duplex with Efficiency
2223 Coolidge St, Hollywood, FL 33020
For Sale
New
$269,999
Residential Income, Hollywood, FL
Property Size880 SF
Price / SF$306.82
Days on Market5
Property Features for 2223 Coolidge St
General Information
Property type
Property subtype
Zoning description
Bedrooms
Full bathrooms
Rooms
Subdivision
Lot features
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Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
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Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
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Building Details
Year built
Floors in Building
Flooring type
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Buildings
Listing Agency:
Beycome of Florida LLC
Listed By:
Steven Koleno · License FL #3469487
(804) 656-5007
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 10 at 6:06AM
MLS# A12118773
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This DH1-zoned duplex property contains two structures and is listed at 880 square feet. The main house has 2 bedrooms and 1 bathroom and has substantial termite damage; it may require demolition. A separate efficiency is rented on a month-to-month basis, though it could be vacant at closing.
The property was built in 1924. Public sewer service is available, along with cable service. The structures have frame construction and shingle roofing.
The property was built in 1924. Public sewer service is available, along with cable service. The structures have frame construction and shingle roofing.
Key Highlights
- DH1‑zoned duplex property with two existing structures
- Listed at 880 square feet
- Main house has 2 bedrooms and 1 bathroom and substantial termite damage; demolition may be needed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,767
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,340
$315.3K
Cap Rate 7%
$225,243
$225.2K
Cap Rate 9%
$175,189
$175.2K
Market Conditions
NOI Build-Up for 880 SF
Gross rent
$23.8K $27.00/SF
− Vacancy
−$1.2K −$1.40/SF
EGI
$22.5K $25.60/SF
− OpEx
−$6.8K −$7.68/SF
NOI
$15.8K $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%
$315,340
Cap Rate 7%
$225,243
Cap Rate 9%
$175,189
Alternative Uses
Best Use
Multifamily LT 5
$225.2K
$197.1K – $262.8K
NOI $15,767 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$209.5K
$183.4K – $244.5K
NOI $14,668 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$344.3K
$301.2K – $401.6K
NOI $24,098 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,406
Businesses Nearby
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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
$306,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Hollywood, FL
Properties on Market for Duplexes in Hollywood
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - DH1 zoning and two existing structures define this residential property’s current configuration.
Where is this duplex located?
The property is located at 2223 Coolidge St Hollywood, FL.
What is the asking price?
The asking price for this property is $269,999.
What are key features of this property?
This property features: DH1‑zoned duplex property with two existing structures; Listed at 880 square feet; Main house has 2 bedrooms and 1 bathroom and substantial termite damage; demolition may be needed
