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Hollywood Multifamily Investment Opportunity

817 Tyler St Hollywood, FL 33019

817 Tyler St, Hollywood, FL, 33019
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For Sale
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Charming 11-unit multifamily property in prime Hollywood location.

Property Size7,762 SF
Price / SF$438.03
Days on Market135

Property Features for 817 Tyler St

General Information

Standard status
Active
Size
7,762 SF
Property subtype
Multifamily

Building Details

Year Built
1940
Listing Agency Capital Group Realty
Listed by Moshe Biton · License #BK3020372
Source Crexi
Added: Mar 7 Checked: Jul 19 at 2:27 am

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 Capital Group Realty


Investment Insights

Based on property information with market context.

This 7,762 square foot multifamily property, constructed in 1934, is located in Hollywood. The 11-unit building offers an investment opportunity with income potential. Zoned RS-6 (Single Family District), the property presents potential for future redevelopment, repositioning, or value-add improvements. The location is near amenities, shopping, and dining.

Key Highlights

  • Prime Hollywood location near major amenities, shopping, and dining.
  • Stable income potential with immediate cash flow.
  • RS‑6 zoning offers potential for future redevelopment, repositioning, or value‑add improvements.

Local Financial Insights For Apartment 5plus

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 $246.8k $31.80
− Vacancy −$11.6k −$1.49
EGI $235.2k $30.31
− OpEx −$105.9k −$13.64
NOI $129.4k $16.67
7,762 SF · lease $31.80/SF/yr · vacancy 4.70% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.85M
$1.62M – $2.16M (±1% cap)
NOI $129,377 @ 7.0% cap · market cap 3.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.04M
$2.66M – $3.54M (±1% cap)
NOI $212,555 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Dental Office Law Firm Hair Salon Spa & Massage Center Nail Salon HVAC Service Electrical Service Auto Repair Shop Pharmacy Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Charming 11-unit multifamily property in prime Hollywood location.
Where is this apartment building located?
The property is located at 817 Tyler St Hollywood, FL.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Prime Hollywood location near major amenities, shopping, and dining.; Stable income potential with immediate cash flow.; RS‑6 zoning offers potential for future redevelopment, repositioning, or value‑add improvements.
Contact an agent
More about this property
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