2620 Harding Street, Hollywood, FL 33020
Remodeled triplex with separate unit layouts, new ACs, and ample parking for up to six vehicles, including RV or boat space.
Property Features for 2620 Harding Street
General Information
Additional Details
Building Details
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Investment Insights
Based on property information with market context.
Located on a low-traffic street in East Hollywood, the property is minutes from downtown Hollywood, the golden beaches, Fort Lauderdale International Airport, and the Hard Rock. Each unit is currently tenant occupied on a month-to-month basis, providing flexibility for an owner-operator or investor.
The configuration supports a range of use cases, including short-term rental operation or long-term tenancy, based on the provided unit mix and private rear access for the detached studio. Parking is ample for up to six vehicles, with additional space suitable for an RV or boat. Set on elevated ground, the property also includes a detached efficiency that may appeal to tenants seeking additional separation and privacy within a triplex arrangement.
Key Highlights
- Remodeled 3‑unit triplex with 2BR/1BA, 1BR/1BA, and detached remodeled studio efficiency
- New AC units installed in each rental unit
- Approximately 2,000 sq ft under roof with 1,611 sq ft of living space
Financial Insights For Multifamily LT 5
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 | $45.3k | $27.00 |
| − Vacancy | −$2.4k | −$1.40 |
| EGI | $43.0k | $25.60 |
| − OpEx | −$12.9k | −$7.68 |
| NOI | $30.1k | $17.92 |
Alternative Uses
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Current Use
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Location Intelligence
Trade Area within ½ mile
Demographics for 33020, FL
Market
Vacancy Rate% for Multifamily in South region