Duplex with Separate
New
For Sale
$679,000
5814 Cleveland St, Hollywood, FL 33021
Residential Income, Hollywood, FL
Property Size1,703 SF
Price / SF$398.71
Days on Market1
Property Features for 5814 Cleveland St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
SR7 RM-1
Bedrooms
3
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1
Parking
4
Subdivision
DELCREST PARK
Lot features
< 1/4 Acre
Standard status
Active
APN
514112310120
Size
1,703 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
DELCREST PARK 57-13 B LOT 12 BLK 1
Tax Annual Amount
9847
Legal Description
DELCREST PARK 57-13 B LOT 12 BLK 1
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1963
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Shingle
Listing Agency:
The Keyes Company
(954) 467-0105
Listed By:
Ricardo Acuna · License #3223738
(954) 591-3811
Added: Oct 6
Last Checked: Oct 6 at 5:06PM
MLS# A12003113
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,703-square-foot duplex in Hollywood was built in 1963 with block construction, tile flooring, central heating and central air conditioning. Improvements include a 2024 roof, remodeled kitchens, new appliances, updated electrical panels and a freshly painted exterior. The two-bedroom unit received central air conditioning in 2023. Sealed driveways and storage sheds add practical features for occupants.
Separate electric and water meters serve the units. The property has public water and public sewer, with cable available.
Separate electric and water meters serve the units. The property has public water and public sewer, with cable available.
Key Highlights
- 1,703‑square‑foot duplex built in 1963
- 2024 roof; central A/C installed in the 2BR unit in 2023
- Separate electric and water meters for the units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,513
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,260
$610.3K
Cap Rate 7%
$435,900
$435.9K
Cap Rate 9%
$339,033
$339.0K
Market Conditions
NOI Build-Up for 1,703 SF
Gross rent
$46.0K $27.00/SF
− Vacancy
−$2.4K −$1.40/SF
EGI
$43.6K $25.60/SF
− OpEx
−$13.1K −$7.68/SF
NOI
$30.5K $17.92/SF
Area
Hollywood, FL
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,260
Cap Rate 7%
$435,900
Cap Rate 9%
$339,033
Alternative Uses
Best Use
Multifamily LT 5
$435.9K
$381.4K – $508.6K
NOI $30,513 @ 7.0% cap · market cap 4.49%
Second Best
Apartment 5plus
$405.5K
$354.8K – $473.1K
NOI $28,386 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$666.2K
$582.9K – $777.3K
NOI $46,635 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,007
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two units have independent electric and water meters, with storage sheds available for tenant use.
Where is this duplex located?
The property is located at 5814 Cleveland St Hollywood, FL.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: 1,703‑square‑foot duplex built in 1963; 2024 roof; central A/C installed in the 2BR unit in 2023; Separate electric and water meters for the units
