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Hollywood Duplex with Upgraded Unit
For Sale
$609,000

2341 Harding St, Hollywood, FL 33020

Two-unit property featuring an upgraded one-bedroom residence and tenant occupancy in both units.

Property Size1,421 SF
Price / SF$428.57
Days on Market55

Property Features for 2341 Harding St

General Information

Standard status Active
Size 1,421 SF
Property subtype Residential Income

Site & Location

Neighborhood North Central
Highway Access Yes

Units

Unit Mix 1 x 2BR, 1 x 1BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,331

Building Details

Buildings 1
Listing Agency: RE/MAX Prestige Realty/WPB
Listed By: Ronald Cosby PA · License #653683
Source: Exprealty
Added: Sep 8 Changed: Oct 31 Last Checked: Nov 1 at 8:02AM

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 RE/MAX Prestige Realty/WPB

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Investment Insights

Based on property information with market context.

This duplex includes a two-bedroom residence with a long-term tenant and a one-bedroom residence that has been upgraded and recently leased. The property size is reported as 1,421, with measurements noted as approximate.

The property is in Hollywood, close to Hollywood Beach and the downtown area, with access to I-95 within a short drive.

Key Highlights

  • Duplex with 1,421 reported property size
  • Two‑bedroom unit occupied by a long‑term tenant
  • Upgraded one‑bedroom unit with a recent tenant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,460
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,200 $509.2K
Cap Rate 7%
$363,714 $363.7K
Cap Rate 9%
$282,889 $282.9K
Market Conditions
NOI Build-Up for 1,421 SF
Gross rent
$38.4K $27.00/SF
− Vacancy
−$2.0K −$1.40/SF
EGI
$36.4K $25.60/SF
− OpEx
−$10.9K −$7.68/SF
NOI
$25.5K $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%
$509,200
Cap Rate 7%
$363,714
Cap Rate 9%
$282,889

Alternative Uses

Best Use
Multifamily LT 5
$363.7K
$318.3K – $424.3K (±1% cap)
NOI $25,460 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$338.4K
$296.1K – $394.8K (±1% cap)
NOI $23,685 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$555.9K
$486.4K – $648.6K (±1% cap)
NOI $38,913 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,197
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 - Two-unit property featuring an upgraded one-bedroom residence and tenant occupancy in both units.
Where is this duplex located?
The property is located at 2341 Harding St Hollywood, FL.
What is the asking price?
The asking price for this property is $609,000.
What are key features of this property?
This property features: Duplex with 1,421 reported property size; Two‑bedroom unit occupied by a long‑term tenant; Upgraded one‑bedroom unit with a recent tenant
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