Duplex With Private
For Sale
$550,000
Pending
5829 Taylor Street, Hollywood, FL 33021
Two residential units, including a 2BR/1BA and 1BR/1BA, with a fenced yard, private patio, and parking for up to four vehicles.
Property Size1,746 SF
Days on Market56
Property Features for 5829 Taylor Street
General Information
Standard status
Pending
Size
1,746 SF
Total Parking Spaces
4
Property subtype
Duplex
Additional Details
Fenced Yard
Yes
Multifamily Units
2
Amenities
private patio
Building Details
Year Built
1989
Listing Agency:
Keller Williams Realty International Lifestyles
(786) 615-6761
Listed By:
Elizabeth Armengol · License #3392594
(786) 942-3229
Source:
Lehmannflorida
Added: Jul 14
Changed: Aug 12
Last Checked: Aug 11 at 5:59AM
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 Keller Williams Realty International Lifestyles
Investment Insights
Based on property information with market context.
This duplex provides two separate residential units configured as Unit 1 with 2 bedrooms and 1 bathroom, and Unit 2 with 1 bedroom and 1 bathroom. The property includes a new roof, hurricane panels, a fenced yard in good condition, and a private patio. Off-street parking is available for up to four vehicles.
Located in a quiet, well-established Hollywood neighborhood, the property offers convenient proximity to Walmart, shopping centers, restaurants, and major roadways.
For sale. Offers should include proof of funds or pre-approval, and the listing agent can provide additional information and showing instructions.
Located in a quiet, well-established Hollywood neighborhood, the property offers convenient proximity to Walmart, shopping centers, restaurants, and major roadways.
For sale. Offers should include proof of funds or pre-approval, and the listing agent can provide additional information and showing instructions.
Key Highlights
- Duplex built in 1989 with two residential units: Unit 1 (2BR/1BA) and Unit 2 (1BR/1BA)
- New roof and hurricane panels included
- Fenced yard in good condition with a private patio
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,283
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$625,660
$625.7K
Cap Rate 7%
$446,900
$446.9K
Cap Rate 9%
$347,589
$347.6K
Market Conditions
NOI Build-Up for 1,746 SF
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.
Gross rent
$47.1K $27.00/SF
− Vacancy
−$2.5K −$1.40/SF
EGI
$44.7K $25.60/SF
− OpEx
−$13.4K −$7.68/SF
NOI
$31.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$625,660
Cap Rate 7%
$446,900
Cap Rate 9%
$347,589
Alternative Uses
Best Use
Multifamily LT 5
$446.9K
$391.0K – $521.4K
NOI $31,283 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$415.7K
$363.8K – $485.0K
NOI $29,102 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$683.0K
$597.7K – $796.9K
NOI $47,812 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,478
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units, including a 2BR/1BA and 1BR/1BA, with a fenced yard, private patio, and parking for up to four vehicles.
Where is this duplex located?
The property is located at 5829 Taylor Street Hollywood, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Duplex built in 1989 with two residential units: Unit 1 (2BR/1BA) and Unit 2 (1BR/1BA); New roof and hurricane panels included; Fenced yard in good condition with a private patio
