Duplex with Private
New
For Sale
$639,000
2327 POLK Street, Hollywood, FL 33020
Residential Income, Hollywood, FL
Property Size2,592 SF
Lot Size0.28 Acres
Price / SF$246.53
Days on Market5
Property Features for 2327 POLK Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
DH-2
Bedrooms
5
Full bathrooms
3
Rooms
Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 3
Patio and Porch features
Porch, Patio, Deck
Pets allowed
No, Yes
Pool private
1
Exterior features
Garden, Storage
Fencing
Fenced
Subdivision
HOLLYWOOD LITTLE RANCHES
Lot features
Fruit Tree(s), Landscaped
Elementary school
Oakridge
Middle school
Olsen
High school
South Broward
Standard status
Active
APN
514216013530
Size
2,592 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HOLLYWOOD LITTLE RANCHES 1-26 B LOT 10 LESS E 37 & LESS W 3 BLK 8
Tax Annual Amount
8480
Legal Description
HOLLYWOOD LITTLE RANCHES 1-26 B LOT 10 LESS E 37 & LESS W 3 BLK 8
Utilities
Utilities
Water Available
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Window Unit(s), Wall/Window Unit(s), Ceiling Fan(s)
Water source
Public
Building Details
Year built
1942
Floors in Building
2
Number of units
2
Flooring type
Wood, Vinyl, Tile
Building materials
Block, Frame
Roof type
Shingle
Additional Structures
Storage, Outbuilding
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Richard M DiPietro · License #3659026
(347) 693-2995
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 12:06PM
MLS# B26089748
Copyright © 2026 BeachesMLS. 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 duplex in Hollywood, Florida, contains two residences within a single-story building with 2,592 square feet of finished living area. The property includes five bedrooms and three bathrooms, along with a private pool, fenced grounds, garden area, and storage. Deck, patio, and porch features provide additional outdoor space. Construction dates to 1942, and the building has block and frame materials with a shingle roof.
The 0.28-acre property is in the Hollywood Little Ranches subdivision and is zoned DH-2. Water is available, with public water service and a septic tank. Heating is central and electric; cooling features include window units and ceiling fans. Flooring includes vinyl, wood, and tile.
The 0.28-acre property is in the Hollywood Little Ranches subdivision and is zoned DH-2. Water is available, with public water service and a septic tank. Heating is central and electric; cooling features include window units and ceiling fans. Flooring includes vinyl, wood, and tile.
Key Highlights
- Two‑unit duplex with 2,592 square feet of finished space
- 0.28‑acre parcel in Hollywood Little Ranches
- Private pool and fenced grounds
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,441
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$928,820
$928.8K
Cap Rate 7%
$663,443
$663.4K
Cap Rate 9%
$516,011
$516.0K
Market Conditions
NOI Build-Up for 2,592 SF
Gross rent
$70.0K $27.00/SF
− Vacancy
−$3.6K −$1.40/SF
EGI
$66.3K $25.60/SF
− OpEx
−$19.9K −$7.68/SF
NOI
$46.4K $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%
$928,820
Cap Rate 7%
$663,443
Cap Rate 9%
$516,011
Alternative Uses
Best Use
Multifamily LT 5
$663.4K
$580.5K – $774.0K
NOI $46,441 @ 7.0% cap · market cap 7.27%
Second Best
Apartment 5plus
$617.2K
$540.0K – $720.1K
NOI $43,203 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$1.01M
$887.2K – $1.18M
NOI $70,979 @ 7.0% cap · market cap 11.11%
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
4,342
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
Frequently Asked Questions
What type of property is this?
Duplex - A single-level, two-unit property offers 2,592 square feet of finished living space.
Where is this duplex located?
The property is located at 2327 POLK Street Hollywood, FL.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,592 square feet of finished space; 0.28‑acre parcel in Hollywood Little Ranches; Private pool and fenced grounds
