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2-Unit Duplex with Separate Laundry
New
For Sale
$524,900

6351 Hayes St, Hollywood, FL 33024

Residential Income, Hollywood, FL

Property Size1,529 SF
Price / SF$343.30
Days on Market2

Property Features for 6351 Hayes St

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RS-6
Bedrooms 4
Full bathrooms 2
Rooms Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1
Parking 4
Subdivision HOLLYWOOD SUBURBS NO 2
Lot features < 1/4 Acre
Standard status Active
APN 514112080350
Size 1,529 SF

Taxes and HOA fees

Tax Year 2025
Tax Description HOLLYWOOD SUBURBS NO 2 35-11 B LOT 15 LESS W 7.83 BLK 2
Tax Annual Amount 7042
Legal Description HOLLYWOOD SUBURBS NO 2 35-11 B LOT 15 LESS W 7.83 BLK 2

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Amenities

impact windows
separate laundry room

Building Details

Year built 1958
Floors in Building 1
Flooring type Tile
Building materials CBS (Concrete Block Structure), Block
Roof type Shingle
Listing Agency: LPT Realty, LLC
Listed By: Virginia Castro · License #3138446
Added: Oct 14 Last Checked: Oct 15 at 12:06AM
MLS# A12106444

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 1958 concrete-block duplex contains two residences with a combined 1,529 square feet of living area. Each unit has two bedrooms, one bathroom, and its own laundry room. Impact windows are installed throughout, and separate electric and water meters serve the units. The property also has a driveway for parking.

The residences are occupied by long-term tenants. The Hollywood property is near schools, major highways, restaurants, and shopping centers. Building systems include central electric heating and central air conditioning; the site has public water and a septic tank.

Key Highlights

  • Two units, each with 2 bedrooms and 1 bathroom
  • 1,529 square feet of combined living area
  • Separate laundry rooms, electric meters, and water meters

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,395
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,900 $547.9K
Cap Rate 7%
$391,357 $391.4K
Cap Rate 9%
$304,389 $304.4K
Market Conditions
NOI Build-Up for 1,529 SF
Gross rent
$41.3K $27.00/SF
− Vacancy
−$2.1K −$1.40/SF
EGI
$39.1K $25.60/SF
− OpEx
−$11.7K −$7.68/SF
NOI
$27.4K $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%
$547,900
Cap Rate 7%
$391,357
Cap Rate 9%
$304,389

Alternative Uses

Best Use
Multifamily LT 5
$391.4K
$342.4K – $456.6K (±1% cap)
NOI $27,395 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$364.1K
$318.6K – $424.8K (±1% cap)
NOI $25,485 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$598.1K
$523.4K – $697.8K (±1% cap)
NOI $41,870 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Real Estate Agency Tattoo & Piercing Shop Butcher Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,220
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences have long-term tenants, with separate electric and water meters serving the property.
Where is this duplex located?
The property is located at 6351 Hayes St Hollywood, FL.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,529 square feet of combined living area; Separate laundry rooms, electric meters, and water meters
More about this property
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