Hollywood Beach Co-op with
For Sale
$339,900
310 S Broadwalk 3B, Hollywood, FL 33019
Remodeled 1 bed/2 bath co-op on Hollywood Beach Broadwalk.
Property Size680 SF
Days on Market267
Property Features for 310 S Broadwalk 3B
General Information
Standard status
Active
Size
680 SF
Property subtype
Residential
Taxes and HOA fees
Annual Taxes
$7,725
Building Details
Building Size
680 SF
Year Built
1965
Listing Agency:
Hollywood Beach Real Estate
(754) 204-7529
Listed By:
Beth Maitlen · License #BK315291
(754) 204-7529
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 13
Last Checked: Aug 22 at 10:25AM
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 Hollywood Beach Real Estate
Investment Insights
Based on property information with market context.
This is a remodeled and well-maintained 1-bedroom, 2-bathroom co-op located directly on Hollywood Beach Broadwalk. The corner unit features an open floor plan, a well-designed open kitchen, stainless steel appliances, renovated bathrooms, impact windows and doors, and a washer/dryer. It also includes an outdoor space to enjoy the ocean breeze and view. The property is situated on the south end of Hollywood Beach, providing access to restaurants, shops, and entertainment. The rental policy allows for immediate rentals, four times per year. One parking space is included, and the property is pet-friendly. It can be used as a beach get-a-way, vacation home or vacation money maker.
Key Highlights
- Direct access to Hollywood Beach Broadwalk with restaurants, shops, and entertainment.
- Remodeled 1 bed/2 bath corner unit with ocean view.
- Washer/dryer in unit and impact windows & doors.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,334
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$226,680
$226.7K
Cap Rate 7%
$161,914
$161.9K
Cap Rate 9%
$125,933
$125.9K
Market Conditions
NOI Build-Up for 680 SF
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.
Gross rent
$21.6K $31.80/SF
− Vacancy
−$1.0K −$1.49/SF
EGI
$20.6K $30.31/SF
− OpEx
−$9.3K −$13.64/SF
NOI
$11.3K $16.67/SF
Area
Hollywood, FL
Vacancy
4.70%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$226,680
Cap Rate 7%
$161,914
Cap Rate 9%
$125,933
Alternative Uses
Best Use
Apartment 5plus
$161.9K
$141.7K – $188.9K
NOI $11,334 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$266.0K
$232.8K – $310.4K
NOI $18,621 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
Explore this area
Business Placement
Demographics for 33019, FL
15,497
Population
12,453
Households
1.2
Avg Household Size
55
Median Age
60%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,188
Density / Sq Mi
$94,824
Median Household Income
$59,226
Median Earnings
$1,983
Median Rent
$631,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Remodeled 1 bed/2 bath co-op on Hollywood Beach Broadwalk.
Where is this short term rental property located?
The property is located at 310 S Broadwalk 3B Hollywood, FL.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Direct access to Hollywood Beach Broadwalk with restaurants, shops, and entertainment.; Remodeled 1 bed/2 bath corner unit with ocean view.; Washer/dryer in unit and impact windows & doors.
