Hollywood Duplex Near
For Sale
Contact for pricing
Pending
2534 Mckinley St, Hollywood, FL 33020
Detached duplex in Hollywood, close to highways and amenities.
Property Size1,756 SF
Days on Market362
Property Features for 2534 Mckinley St
General Information
Standard status
Pending
Size
1,756 SF
Total Parking Spaces
4
Property subtype
Multifamily
Zoning
RM-9
Building Details
Year Built
1951
Listing Agency:
Elite Realty Partners, Inc.
Listed By:
Rosalind Brown · License #3340734
(786) 253-3364
Source:
Crexi
Added: Oct 16, 2025
Changed: Oct 5
Last Checked: Oct 11 at 3:28AM
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 Elite Realty Partners, Inc.
Investment Insights
Based on property information with market context.
This detached duplex is located minutes from I-95 and the Florida Turnpike. The property contains two separate homes: a 2-bed, 1-bath unit and a 3-bed, 1-bath unit with space to add an additional bathroom. One unit is leased through next year, providing immediate cash flow. The other is vacant and ready for a new tenant or owner-occupant, offering the flexibility to live in one and rent the other, or lease both at current market rates. The property is located in a thriving area of Hollywood close to shops, dining, beaches, and major highways.
Key Highlights
- Detached duplex offers both immediate income potential and owner‑occupancy options.
- Prime location near I‑95 and Florida Turnpike provides easy access to transportation.
- One unit is already leased, ensuring immediate cash flow.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,463
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$629,260
$629.3K
Cap Rate 7%
$449,471
$449.5K
Cap Rate 9%
$349,589
$349.6K
Market Conditions
NOI Build-Up for 1,756 SF
Gross rent
$47.4K $27.00/SF
− Vacancy
−$2.5K −$1.40/SF
EGI
$44.9K $25.60/SF
− OpEx
−$13.5K −$7.68/SF
NOI
$31.5K $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%
$629,260
Cap Rate 7%
$449,471
Cap Rate 9%
$349,589
Alternative Uses
Best Use
Multifamily LT 5
$449.5K
$393.3K – $524.4K
NOI $31,463 @ 7.0% cap · market cap 5.24%
Second Best
Apartment 5plus
$418.1K
$365.9K – $487.8K
NOI $29,269 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$686.9K
$601.1K – $801.4K
NOI $48,086 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,418
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
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Detached duplex in Hollywood, close to highways and amenities.
Where is this duplex located?
The property is located at 2534 Mckinley St Hollywood, FL.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Detached duplex offers both immediate income potential and owner‑occupancy options.; Prime location near I‑95 and Florida Turnpike provides easy access to transportation.; One unit is already leased, ensuring immediate cash flow.
