Duplex with In-Unit
New
For Sale
$635,000
2234 LIBERTY Street, Hollywood, FL 33020
Each residence has its own washer and dryer, central air conditioning, and separate utility meters.
Property Size1,790 SF
Price / SF$354.75
Days on Market2
Property Features for 2234 LIBERTY Street
General Information
Standard status
Active
Size
1,790 SF
Total Parking Spaces
6
Property subtype
Residential Income
Zoning
DH-1
Additional Details
Utilities to Site
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,071
Amenities
washer and dryer
central a/c
fenced
Building Details
Building Size
1,790 SF
Year Built
1967
Stories
1
Listing Agency:
Preferred Prop Enterprises Inc
Listed By:
Larry K Langsbard
(954) 673-4597
Source:
Laerrealty
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 6 at 2:42AM
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 Preferred Prop Enterprises Inc
Investment Insights
Based on property information with market context.
This 1,790-square-foot duplex, built in 1967, has a washer and dryer in each residence and central air conditioning. Water, garbage, electric, and gas are separately metered. Fencing encloses both the front and rear areas, and each side has a driveway.
The roof was replaced on 08/28/2023 under permit. New front and rear driveways were also installed under permit. The property is zoned DH-1.
The roof was replaced on 08/28/2023 under permit. New front and rear driveways were also installed under permit. The property is zoned DH-1.
Key Highlights
- 1,790‑square‑foot duplex built in 1967
- Separate water, garbage, electric, and gas meters
- Washer and dryer in each residence; central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,072
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$641,440
$641.4K
Cap Rate 7%
$458,171
$458.2K
Cap Rate 9%
$356,356
$356.4K
Market Conditions
NOI Build-Up for 1,790 SF
Gross rent
$48.3K $27.00/SF
− Vacancy
−$2.5K −$1.40/SF
EGI
$45.8K $25.60/SF
− OpEx
−$13.7K −$7.68/SF
NOI
$32.1K $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%
$641,440
Cap Rate 7%
$458,171
Cap Rate 9%
$356,356
Alternative Uses
Best Use
Multifamily LT 5
$458.2K
$400.9K – $534.5K
NOI $32,072 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$426.2K
$373.0K – $497.3K
NOI $29,836 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$700.2K
$612.7K – $817.0K
NOI $49,017 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,440
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has its own washer and dryer, central air conditioning, and separate utility meters.
Where is this duplex located?
The property is located at 2234 LIBERTY Street Hollywood, FL.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: 1,790‑square‑foot duplex built in 1967; Separate water, garbage, electric, and gas meters; Washer and dryer in each residence; central air conditioning
