Hollywood Multifamily Investment
For Sale
Contact for pricing
817 Tyler St, Hollywood, FL 33019
Charming 11-unit multifamily property in prime Hollywood location.
Property Size7,762 SF
Price / SF$412.26
Days on Market207
Property Features for 817 Tyler St
General Information
Standard status
Active
Size
7,762 SF
Class
C
Property subtype
Multifamily
Zoning
RS-6 - Residential / multi-family
Investment Type
Value Add
Net Operating Income
$197,760
Building Details
Year Built
1940
Year Renovated
2005
Stories
2
Units
11
Listing Agency:
Capital Group Realty
Listed By:
Moshe Biton · License #BK3020372
Source:
Crexi
Added: Mar 27
Changed: Oct 13
Last Checked: Oct 19 at 6:10AM
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
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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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$129,377
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,587,540
$2.6M
Cap Rate 7%
$1,848,243
$1.8M
Cap Rate 9%
$1,437,522
$1.4M
Market Conditions
NOI Build-Up for 7,762 SF
Gross rent
$246.8K $31.80/SF
− Vacancy
−$11.6K −$1.49/SF
EGI
$235.2K $30.31/SF
− OpEx
−$105.9K −$13.64/SF
NOI
$129.4K $16.67/SF
Area
Hollywood, FL
Vacancy
4.70%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,587,540
Cap Rate 7%
$1,848,243
Cap Rate 9%
$1,437,522
Alternative Uses
Best Use
Apartment 5plus
$1.85M
$1.62M – $2.16M
NOI $129,377 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.04M
$2.66M – $3.54M
NOI $212,555 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
756
Businesses Nearby
Explore this area
Business Placement
Demographics for 33019, FL
15,497
Population
12,453
Households
1.2
Avg Household Size
55
Median Age
60%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,188
Density / Sq Mi
$94,824
Median Household Income
$59,226
Median Earnings
$1,983
Median Rent
$631,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
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 $3,200,000.
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.
