Two-Unit Duplex with Separate
For Sale
$350,000
Pending
6316 Pierce St, Hollywood, FL 33024
Residential Income, Hollywood, FL
Property Size1,048 SF
Days on Market46
Property Features for 6316 Pierce St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RM-9
Bedrooms
2
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 3
Parking
4
Subdivision
GRACEWOOD NO 5
Lot features
< 1/4 Acre
Standard status
Pending
APN
514113090300
Size
1,048 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
GRACEWOOD NO 5 29-14 B LOT 136
Tax Annual Amount
5750
Legal Description
GRACEWOOD NO 5 29-14 B LOT 136
Utilities
Sewer type
Septic Tank
Cooling system
Wall/Window Unit(s), Window Unit(s)
Amenities
Wall unit A/C's
Building Details
Year built
1957
Floors in Building
1
Building materials
Block
Roof type
Shingle
Listing Agency:
Beachfront Realty Inc
(305) 405-0615
Listed By:
Christopher Lekas · License #3217748
(954) 290-3983
Added: Aug 28
Changed: Oct 10
Last Checked: Oct 12 at 4:06PM
MLS# A12022441
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.
Located at 6316 Pierce St in Hollywood, Florida, this duplex contains two separate sides, each with one bedroom and one bathroom. The 1048-square-foot property was built in 1957 and uses block construction beneath a shingle roof.
Wall and window unit air conditioning is provided throughout the property, while separate electric meters serve each side. The sewer system is a septic tank. The property needs updating, and showings are available on Saturdays only.
Wall and window unit air conditioning is provided throughout the property, while separate electric meters serve each side. The sewer system is a septic tank. The property needs updating, and showings are available on Saturdays only.
Key Highlights
- Two‑unit duplex with one bedroom and one bathroom on each side
- 1048 square feet of total property size
- Separate electric meters for each side
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,777
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,540
$375.5K
Cap Rate 7%
$268,243
$268.2K
Cap Rate 9%
$208,633
$208.6K
Market Conditions
NOI Build-Up for 1,048 SF
Gross rent
$28.3K $27.00/SF
− Vacancy
−$1.5K −$1.40/SF
EGI
$26.8K $25.60/SF
− OpEx
−$8.0K −$7.68/SF
NOI
$18.8K $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%
$375,540
Cap Rate 7%
$268,243
Cap Rate 9%
$208,633
Alternative Uses
Best Use
Multifamily LT 5
$268.2K
$234.7K – $313.0K
NOI $18,777 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$249.5K
$218.4K – $291.1K
NOI $17,468 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$410.0K
$358.7K – $478.3K
NOI $28,698 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,470
Businesses Nearby
Explore this area
Business Placement
Demographics for 33024, FL
74,843
Population
26,552
Households
2.8
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
11.6 sq mi
ZIP Area
6,452
Density / Sq Mi
$76,501
Median Household Income
$38,144
Median Earnings
$1,724
Median Rent
$365,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom residences offer individual electric metering and wall-mounted cooling.
Where is this duplex located?
The property is located at 6316 Pierce St Hollywood, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑unit duplex with one bedroom and one bathroom on each side; 1048 square feet of total property size; Separate electric meters for each side
