Hollywood Multifamily Investment
2325-2331 Arthur St Hollywood, FL 33020
2325-2331 Arthur St, Hollywood, FL, 33020
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For Sale
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14-unit multifamily asset in the desirable Hollywood submarket.
Property Size8,292 SF
Price / SF$353.96
Days on Market66
Property Features for 2325-2331 Arthur St
General Information
- Standard status
- Active
- Size
- 8,292 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1979
Listing Agency
Franklin Street Tampa
Listed by
Ryan Wold · License #FL 3424080
Source
Crexi
Added: May 14 Checked: Jul 17 at 3:07 am
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 Franklin Street Tampa
Investment Insights
Based on property information with market context.
Located at 2325-2331 Arthur Street, this multifamily property features 14 units and presents an investment opportunity in the Hollywood submarket. Constructed in 1979, the property encompasses approximately 8,292 square feet and offers an efficient layout. The property is zoned DH-1 (Dixie Highway Low Intensity Multi-Family District), which supports continued multifamily use. The unit mix is suited for workforce housing. The building's vintage provides an opportunity for strategic interior and exterior upgrades, allowing investors to unlock additional value through renovations and rental repositioning. The property is positioned for both yield-focused and growth-oriented investors. The 14-unit size allows for operational efficiency, while the property's fundamentals provide a foundation for long-term appreciation and cash flow stability. This is an opportunity to acquire an income-generating asset.
Key Highlights
- Prime location in desirable Hollywood submarket
- Strong income‑generating asset with value‑add potential through renovations
- Favorable DH‑1 zoning for continued multifamily use and long‑term flexibility
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $263.7k | $31.80 |
| − Vacancy | −$12.4k | −$1.49 |
| EGI | $251.3k | $30.31 |
| − OpEx | −$113.1k | −$13.64 |
| NOI | $138.2k | $16.67 |
8,292 SF · lease $31.80/SF/yr · vacancy 4.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.97M
$1.73M – $2.30M
NOI $138,211 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.24M
$2.84M – $3.78M
NOI $227,068 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - 14-unit multifamily asset in the desirable Hollywood submarket.
Where is this apartment building located?
The property is located at 2325-2331 Arthur St Hollywood, FL.
What is the asking price?
The asking price for this property is $2,935,000.
What are key features of this property?
This property features: Prime location in desirable Hollywood submarket; Strong income‑generating asset with value‑add potential through renovations; Favorable DH‑1 zoning for continued multifamily use and long‑term flexibility
