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5521 SW 34th Street # 2 #1-2, Hollywood, FL, 33023
Turnkey Updated Duplex

5521 SW 34th Street # 2 #1-2 Hollywood, FL 33023

For Sale
Contact for pricing

Fully updated duplex with two 2/1 units, impact windows, private fenced backyards, and dedicated parking for each unit.

Property Size1,384 SF
Price / SF$397.33
Days on Market24

Property Features for 5521 SW 34th Street # 2 #1-2

General Information

Standard status
Active
Size
1,384 SF
Property subtype
Multifamily

Building Details

Year Built
1961
Listing Agency: Bank On It Realty
Listed By: Eugene Schroeder · License #687483
Source: Crexi
Added: Jun 30 Changed: Jul 23 Last Checked: Jul 23 at 5:21AM

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 Bank On It Realty


Investment Insights

Based on property information with market context.

This fully updated duplex offers two separate 2/1 units, each with its own private, fenced backyard. The property has been updated with permits, including impact windows, and each unit features modern, updated finishes.

The duplex is located across from McTyre Park and is described as just minutes from major highways, shopping, dining, schools, and public transportation.

With dedicated parking spaces for each unit, the layout is built for straightforward day-to-day living and low-maintenance operation.

Key Highlights

  • Fully updated duplex built in 1961 with two 2/1 units
  • 692 sq. ft. per unit, each with modern, updated finishes
  • Impact windows installed with permits

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 $37.4k $27.00
− Vacancy −$1.9k −$1.40
EGI $35.4k $25.60
− OpEx −$10.6k −$7.68
NOI $24.8k $17.92
1,384 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$354.2K
$310.0K – $413.3K (±1% cap)
NOI $24,797 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$329.5K
$288.4K – $384.5K (±1% cap)
NOI $23,068 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$541.4K
$473.7K – $631.7K (±1% cap)
NOI $37,899 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Real Estate Agency Law Firm Pharmacy Pet Grooming Service (Bike/Boat/Book/etc) Store Gym & Fitness Center Garden Center Butcher Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully updated duplex with two 2/1 units, impact windows, private fenced backyards, and dedicated parking for each unit.
Where is this duplex located?
The property is located at 5521 SW 34th Street # 2 #1-2 Hollywood, FL.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Fully updated duplex built in 1961 with two 2/1 units; 692 sq. ft. per unit, each with modern, updated finishes; Impact windows installed with permits
(954) 816-4363 Call to check price and availability
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