Five-Unit Garden Apartment
5719 Johnson St, Hollywood, FL 33021
For Sale
New
$980,000
A mix of one- and two-bedroom residences is paired with separate electric meters and landscaped outdoor areas.
Property Size2,147 SF
Lot Size0.34 Acres
Price / SF$456.45
Days on Market4
Property Features for 5719 Johnson St
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Occupancy
Site & Location
Neighborhood
Highway Access
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Amenities
landscaped garden areas
outdoor lounge space
1/4 To Less Than 1/2 Acre Lot
Built-Up
Public Sewer
Parcel Number: 514112040841, Public Survey Range: 51, Public Survey Section: 12, Public Survey Township: 51, Annual Amount: $10,432, Legal Description: HOLLYWOOD BEACH HEIGHTS SEC A AMENDED PLAT 6-27 B & 4-12 B LOT 4 W 25 LESS S 14,5,26 BLK 5, Year: 2026, Zoning: RM-9
Tile
Wall/Window Unit(s)
Window/Wall
Listing ID: A12119204, Standard Status: Active, MLS Status: Active, Property Subtype: Quadruplex, On market as of 2026-11-06, Rent Includes: None
10 total parking spaces
Built in 1957, Year Built Details: Resale, Living area: 2147, Living area units: Square Feet, 1 storey, Construction Materials: Concrete Block Construction
Subdivision: HOLLYWOOD BEACH HEIGHTS S, MLS Area (Major): Hollywood Beach Heights S, County/Parish: Broward County
Leasable area units: Square Feet
1 units in community
Building Details
Year Built
Listing Agency:
Direct Real Estate
Listed By:
Michael Carioti · License FL #3355424
(917) 428-7629
Source:
Riserealty
Added: Nov 6
Changed: Nov 9
Last Checked: Nov 8 at 5:29AM
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 Direct Real Estate
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Investment Insights
Based on property information with market context.
This five-residence apartment property totals 2,147 square feet and was built in 1957. Its unit mix consists of four one-bedroom, one-bathroom apartments and one two-bedroom, one-bathroom apartment. The residences are fully occupied, and each has an individual electric meter. Ten parking spaces serve the property, with garden areas and an outdoor lounge area on an approximately 15,000-square-foot lot.
The property is on Johnson Street in Hollywood, near US-441, with access to I-95 and the Seminole Hard Rock Hotel & Casino. A neighboring office building may also be included in a combined acquisition.
The property is on Johnson Street in Hollywood, near US-441, with access to I-95 and the Seminole Hard Rock Hotel & Casino. A neighboring office building may also be included in a combined acquisition.
Key Highlights
- Five apartments: four one‑bedroom/one‑bathroom units and one two‑bedroom/one‑bathroom unit
- 2,147 square feet; built in 1957
- Approximately 15,000‑square‑foot lot with landscaped garden areas and an outdoor lounge area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,786
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,720
$715.7K
Cap Rate 7%
$511,229
$511.2K
Cap Rate 9%
$397,622
$397.6K
Market Conditions
NOI Build-Up for 2,147 SF
Gross rent
$68.3K $31.80/SF
− Vacancy
−$3.2K −$1.49/SF
EGI
$65.1K $30.31/SF
− OpEx
−$29.3K −$13.64/SF
NOI
$35.8K $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 Rate 5%
$715,720
Cap Rate 7%
$511,229
Cap Rate 9%
$397,622
Alternative Uses
Best Use
Apartment 5plus
$511.2K
$447.3K – $596.4K
NOI $35,786 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$839.9K
$734.9K – $979.9K
NOI $58,793 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
5
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,260
Businesses Nearby
Explore this area
Business Placement
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
$395,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Apartment buildings in Hollywood, FL
Properties on Market for Apartment buildings in Hollywood
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - A mix of one- and two-bedroom residences is paired with separate electric meters and landscaped outdoor areas.
Where is this apartment building located?
The property is located at 5719 Johnson St Hollywood, FL.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Five apartments: four one‑bedroom/one‑bathroom units and one two‑bedroom/one‑bathroom unit; 2,147 square feet; built in 1957; Approximately 15,000‑square‑foot lot with landscaped garden areas and an outdoor lounge area
