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Hollywood Multifamily Investment Opportunity
For Sale
$900,000

411 Columbus Pkwy 1-5, Hollywood, FL 33021

Five multifamily units in Hollywood, Florida with cash-flow potential.

Days on Market101

Property Features for 411 Columbus Pkwy 1-5

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1959
Listing Agency: The Keyes Company
Listed By: Federico Rochwerger PA · License #3014927
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 2 at 12:38PM

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 The Keyes Company

Investment Insights

Based on property information with market context.

This property features five multifamily units in Hollywood, Florida, offering an excellent cash-flow opportunity. The unit mix includes two studios and three 1/1 units. Located in a peaceful, well-maintained neighborhood, the property is approximately 2 miles from I-95. A laundry room is located on site and includes a coin-operated washer and dryer under a lease agreement. The property can be maintained as-is for cash flow or redeveloped as single or multifamily housing with a density of up to 18 dwelling units per acre, zoned SR7 RM-18. The property may be sold together with a duplex at 2322 Johnson Street, combining for a total of seven units across 0.86 acres. The surrounding area has a walk score of 35, indicating car-dependent transit, a bike score of 31, indicating it is somewhat bikeable, and a transit score of 28, indicating some transit options are available.

Key Highlights

  • Excellent cash‑flow opportunity with long‑term tenants already in place.
  • Located in Hollywood, Florida, just 2 miles from I‑95.
  • Consists of 5 multifamily units: two studios and three 1/1's.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Carpet & Flooring Store Veterinary Clinic (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Travel Agency

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

Location Intelligence

Trade Area within ½ mile

1,478
Businesses Nearby

Demographics for 33021, FL

50,091
Population
21,930
Households
2.3
Avg Household Size
43
Median Age
38%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
5,692
Density / Sq Mi
$69,249
Median Household Income
$41,390
Median Earnings
$1,707
Median Rent
$395,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five multifamily units in Hollywood, Florida with cash-flow potential.
Where is this apartment building located?
The property is located at 411 Columbus Pkwy 1-5 Hollywood, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Excellent cash‑flow opportunity with long‑term tenants already in place.; Located in Hollywood, Florida, just 2 miles from I‑95.; Consists of 5 multifamily units: two studios and three 1/1's.
More about this property
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