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2-Unit Duplex
For Sale
$575,000

2322 Taft St, Hollywood, FL 33020

Front and rear residences offer separate occupancy arrangements in Hollywood, near US-1 and I-95.

Property Size2,281 SF
Price / SF$252.08
Days on Market169

Property Features for 2322 Taft St

General Information

Standard status Active
Size 2,281 SF
Property subtype Duplex

Site & Location

Neighborhood North Central
Highway Access Yes

Additional Details

Multifamily Units 2
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $8,244

Building Details

Building Size 2,281 SF
Year Built 1949
Listing Agency: Fathom Realty FL, LLC
Listed By: Alter Gambarte · License #3223344
Source: Debuirerealty
Added: May 16 Changed: Oct 27 Last Checked: Oct 27 at 4:06AM

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 Fathom Realty FL, LLC

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Investment Insights

Based on property information with market context.

This 2,281-square-foot duplex in Hollywood, Florida, contains a front residence and a rear residence. Both units are currently rented, and the building dates to 1949.

The property is near US-1 and I-95, with Downtown Hollywood, beaches, and Fort Lauderdale Airport among the destinations identified nearby. Shopping, dining, and entertainment are also described in the surrounding area.

Key Highlights

  • 2,281 square feet across a two‑unit duplex
  • Separate front and rear residences; both units are currently rented
  • Built in 1949

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,869
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,380 $817.4K
Cap Rate 7%
$583,843 $583.8K
Cap Rate 9%
$454,100 $454.1K
Market Conditions
NOI Build-Up for 2,281 SF
Gross rent
$61.6K $27.00/SF
− Vacancy
−$3.2K −$1.40/SF
EGI
$58.4K $25.60/SF
− OpEx
−$17.5K −$7.68/SF
NOI
$40.9K $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%
$817,380
Cap Rate 7%
$583,843
Cap Rate 9%
$454,100

Alternative Uses

Best Use
Multifamily LT 5
$583.8K
$510.9K – $681.2K (±1% cap)
NOI $40,869 @ 7.0% cap · market cap 7.11%
Second Best
Apartment 5plus
$543.1K
$475.3K – $633.7K (±1% cap)
NOI $38,020 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$892.3K
$780.8K – $1.04M (±1% cap)
NOI $62,463 @ 7.0% cap · market cap 10.86%
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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,320
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 - Front and rear residences offer separate occupancy arrangements in Hollywood, near US-1 and I-95.
Where is this duplex located?
The property is located at 2322 Taft St Hollywood, FL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2,281 square feet across a two‑unit duplex; Separate front and rear residences; both units are currently rented; Built in 1949
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