5844-5846 Pierce Street Hollywood, FL 33021
Well-maintained duplex with strong rental income potential in a desirable location.
- Added:
- May 26, 2026
- Days on Market:
- 50
- Last Refresh:
- May 27 at 7:54 am
Property Features for 5844-5846 Pierce Street
General Information
- Standard status
- Active
- Size
- 2,879 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1973
Listing office RE/MAX 5 Star Realty (954) 361-0000
Listing date May 26, 2026
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Strong rental income potential from two tenant‑occupied units.
- Two spacious units, each featuring 3 bedrooms and 2 bathrooms.
- Private outdoor space: Each unit includes its own private backyard.
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 | $77.7k | $27.00 |
| − Vacancy | −$4.0k | −$1.40 |
| EGI | $73.7k | $25.60 |
| − OpEx | −$22.1k | −$7.68 |
| NOI | $51.6k | $17.92 |