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For Sale
$399,900
Pending

2512 Arthur Street, Hollywood, FL 33020

Duplexes

Property Size1,000 SF
Days on Market120

Property Features for 2512 Arthur Street

General Information

Standard status Pending
Size 1,000 SF
Total Parking Spaces 4
Property subtype Residential Income
Zoning RM-9

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,526

Amenities

Wall/Window Unit(s)
None, Separate Meters
Fenced
Other

Building Details

Building Size 1,000 SF
Year Built 1959
Stories 1
Listing Agency: United Realty Group Inc
Listed By: Mariano J Contreras Balana · License #3330689
Source: Evrealestate
Added: Jun 11 Changed: Oct 7 Last Checked: Oct 7 at 12:41PM

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 United Realty Group Inc

Investment Insights

Based on property information with market context.

Key Highlights

  • Duplex built in 1959
  • Immediate I‑95 access for commuters
  • Designed for either investors or owner‑occupants

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,917
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,340 $358.3K
Cap Rate 7%
$255,957 $256.0K
Cap Rate 9%
$199,078 $199.1K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$27.0K $27.00/SF
− Vacancy
−$1.4K −$1.40/SF
EGI
$25.6K $25.60/SF
− OpEx
−$7.7K −$7.68/SF
NOI
$17.9K $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%
$358,340
Cap Rate 7%
$255,957
Cap Rate 9%
$199,078

Alternative Uses

Best Use
Multifamily LT 5
$256.0K
$224.0K – $298.6K (±1% cap)
NOI $17,917 @ 7.0% cap · market cap 4.48%
Second Best
Apartment 5plus
$238.1K
$208.4K – $277.8K (±1% cap)
NOI $16,668 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$391.2K
$342.3K – $456.4K (±1% cap)
NOI $27,384 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Restaurant Coworking & Hybrid Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,418
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
Rey
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Frequently Asked Questions

Where is this duplex located?
The property is located at 2512 Arthur Street Hollywood, FL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Duplex built in 1959; Immediate I‑95 access for commuters; Designed for either investors or owner‑occupants
More about this property
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