Well-Maintained Duplex with Private
5830 Garfield Street Hollywood, FL 33021
For Sale
Contact for pricing
Duplex offers two 2-bedroom, 2-bath residences with private entrances, separate utilities, and updated interiors.
Property Size1,916 SF
Price / SF$383.61
Days on Market31
Property Features for 5830 Garfield Street
General Information
- Standard status
- Active
- Size
- 1,916 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1968
Listing Agency:
New Castle Realty Inc #1
Listed By:
Dorothea Miller · License #498049
Source:
Crexi
Added: Jun 24
Changed: Jul 23
Last Checked: Jul 23 at 6:35PM
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 New Castle Realty Inc #1
Investment Insights
Based on property information with market context.
This well-maintained duplex includes two separate 2-bedroom, 2-bath residences. Each unit has its own private entrance and a dedicated driveway, and both feature updated kitchen finishes and durable tile flooring. Additional practical features include a separate laundry/storage room for each residence.
The property has separate electric and water meters, providing clear utility separation between the two units. An oversized backyard offers outdoor space.
The duplex is described as neat, clean, and move-in ready, positioned for convenient access to area amenities.
The property has separate electric and water meters, providing clear utility separation between the two units. An oversized backyard offers outdoor space.
The duplex is described as neat, clean, and move-in ready, positioned for convenient access to area amenities.
Key Highlights
- Well‑maintained duplex built in 1968 with two 2‑bedroom, 2‑bath residences
- Each unit has its own private entrance and separate driveway
- Separate electric and water meters for each residence
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 | $51.7k | $27.00 |
| − Vacancy | −$2.7k | −$1.40 |
| EGI | $49.0k | $25.60 |
| − OpEx | −$14.7k | −$7.68 |
| NOI | $34.3k | $17.92 |
1,916 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$490.4K
$429.1K – $572.2K
NOI $34,329 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$456.2K
$399.2K – $532.3K
NOI $31,936 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$749.5K
$655.9K – $874.5K
NOI $52,468 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex offers two 2-bedroom, 2-bath residences with private entrances, separate utilities, and updated interiors.
Where is this duplex located?
The property is located at 5830 Garfield Street Hollywood, FL.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Well‑maintained duplex built in 1968 with two 2‑bedroom, 2‑bath residences; Each unit has its own private entrance and separate driveway; Separate electric and water meters for each residence
