Renovated Triplex with In-Unit
5666 Mayo Street Hollywood, FL 33023
5666 Mayo Street, Hollywood, FL, 33023
$800,000
For Sale
$800,000
Turnkey triplex in Hollywood with fully renovated units, each offering in-unit washer and dryer and no carpet flooring.
Property Size2,098 SF
Price / SF$381.32
Days on Market209
Property Features for 5666 Mayo Street
General Information
- Standard status
- Active
- Size
- 2,098 SF
- Property subtype
- Multi-Family Income / Triplex
Building Details
- Year Built
- 1976
Listing agency
Eagle Realty of South Florida
(786) 762-5906
Listed by
Claudia Londono · License #3402691
(786) 762-5906
Source
Compass
Added: Dec 26, 2025 Updated: Jul 22 at 9:19PM Checked: Jul 22 at 9:19PM
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 Eagle Realty of South Florida
Investment Insights
Based on property information with market context.
This turnkey triplex at 5666 Mayo Street in Hollywood, Florida is fully renovated and currently fully rented. The property features a unit mix of one 3-bedroom/1-bath, one 2-bedroom/1-bath, and one 1-bedroom/1-bath. Updates throughout are designed for low-maintenance ownership, and each unit includes its own washer and dryer. The property also has no carpet, supporting durability and easier cleaning.
Showings are by appointment only and tenants should not be disturbed. Public remarks indicate the property is not in a flood zone.
With three distinct, updated residential units, the building offers a practical income-oriented configuration for an owner seeking an occupied, renovated triplex.
Showings are by appointment only and tenants should not be disturbed. Public remarks indicate the property is not in a flood zone.
With three distinct, updated residential units, the building offers a practical income-oriented configuration for an owner seeking an occupied, renovated triplex.
Key Highlights
- 1976‑built triplex in Hollywood with fully renovated, currently rented units
- Unit mix: one 3BD/1BA, one 2BD/1BA, and one 1BD/1BA (three separate income streams)
- Each unit includes in‑unit washer and dryer
Local 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 | $56.6k | $27.00 |
| − Vacancy | −$2.9k | −$1.40 |
| EGI | $53.7k | $25.60 |
| − OpEx | −$16.1k | −$7.68 |
| NOI | $37.6k | $17.92 |
2,098 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$537.0K
$469.9K – $626.5K
NOI $37,590 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$499.6K
$437.1K – $582.8K
NOI $34,969 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$820.7K
$718.2K – $957.5K
NOI $57,452 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Turnkey triplex in Hollywood with fully renovated units, each offering in-unit washer and dryer and no carpet flooring.
Where is this triplex located?
The property is located at 5666 Mayo Street Hollywood, FL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 1976‑built triplex in Hollywood with fully renovated, currently rented units; Unit mix: one 3BD/1BA, one 2BD/1BA, and one 1BD/1BA (three separate income streams); Each unit includes in‑unit washer and dryer
