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Updated Duplex with Fenced Yard
New
For Sale
$490,000

2226 Cody St, Hollywood, FL 33020

Residential Income, Hollywood, FL

Property Size1,888 SF
Price / SF$259.53
Days on Market5

Property Features for 2226 Cody St

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RS-1
Bedrooms 4
Full bathrooms 2
Rooms Bedroom 3, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1
Parking 3
Security features Security
Patio and Porch features Porch
Exterior features Fence, Porch, Storm/Security Shutters
Fencing Fenced
Subdivision LIBERIA
Lot features Flood Zone, < 1/4 Acre
Standard status Active
APN 514204012120
Size 1,888 SF

Additional Details

Tenant in Place Yes
Individually Metered Utilities water, electricity

Taxes and HOA fees

Tax Year 2025
Tax Description LIBERIA 1-34 B LOT 24 BLK 8
Tax Annual Amount 10353
Legal Description LIBERIA 1-34 B LOT 24 BLK 8

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

shared laundry area
storage room
private fenced backyard

Building Details

Year built 1958
Floors in Building 1
Flooring type Tile - Ceramic
Building materials Block
Roof type Concrete
Listing Agency: Avanti Way Realty LLC
Listed By: Veronica Longart · License #3638577
Added: Oct 27 Changed: Oct 29 Last Checked: Oct 31 at 9:06AM
MLS# A12113882

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.

Rey
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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 1,888-square-foot duplex in Hollywood contains two residences, each configured with two bedrooms and one bathroom. The block building dates to 1958 and has central air conditioning in both units, a roof installed in 2020, and two recently replaced impact windows per residence. Shared laundry and a storage room serve the property, and a fenced backyard provides outdoor space.

Three parking spaces are positioned in front of the building. Separate water and electric meters serve each unit, and the existing leases expire in January and July 2027.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 bathroom, in 1,888 square feet
  • Separate water and electric meters for each unit
  • Roof installed in 2020; central air conditioning in both residences

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,828
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$676,560 $676.6K
Cap Rate 7%
$483,257 $483.3K
Cap Rate 9%
$375,867 $375.9K
Market Conditions
NOI Build-Up for 1,888 SF
Gross rent
$51.0K $27.00/SF
− Vacancy
−$2.7K −$1.40/SF
EGI
$48.3K $25.60/SF
− OpEx
−$14.5K −$7.68/SF
NOI
$33.8K $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%
$676,560
Cap Rate 7%
$483,257
Cap Rate 9%
$375,867

Alternative Uses

Best Use
Multifamily LT 5
$483.3K
$422.9K – $563.8K (±1% cap)
NOI $33,828 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$449.6K
$393.4K – $524.5K (±1% cap)
NOI $31,469 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$738.6K
$646.3K – $861.7K (±1% cap)
NOI $51,701 @ 7.0% cap · market cap 10.55%
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
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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,509
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

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has its own water and electric meter, with shared laundry and storage on site.
Where is this duplex located?
The property is located at 2226 Cody St Hollywood, FL.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom, in 1,888 square feet; Separate water and electric meters for each unit; Roof installed in 2020; central air conditioning in both residences
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