Legal Duplex with Private
822 N 20th Ave Hollywood, FL 33020
For Sale
Contact for pricing
Legal duplex with updated plumbing, city sewer connection, and private fenced yards for a 1/1 and spacious 2/1.
Property Size1,505 SF
Price / SF$355.48
Days on Market163
Property Features for 822 N 20th Ave
General Information
- Standard status
- Active
- Size
- 1,505 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1955
Listing Agency:
Continental Realtors LLC
Listed By:
Christopher Perez · License #3079686
Source:
Crexi
Added: Feb 11
Changed: Jul 21
Last Checked: Jul 22 at 6:07PM
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 Continental Realtors LLC
Investment Insights
Based on property information with market context.
This legal duplex includes a fully updated 1/1 and a spacious 2/1, with private fenced yards for each unit. Reported major upgrades include new underground plumbing and a full city sewer connection.
The property is described as being located within Hollywood’s newly rezoned DH-2 (Downtown High Intensity) district, which the remarks state allows for mixed-use and multifamily development. It is also described as being just blocks from the future Hollywood Station as part of Tri-Rail’s new commuter rail expansion.
The remarks further describe direct access from the rail expansion to Aventura, Fort Lauderdale, FLL airport, and Miami, with the area positioned amid active development.
The property is described as being located within Hollywood’s newly rezoned DH-2 (Downtown High Intensity) district, which the remarks state allows for mixed-use and multifamily development. It is also described as being just blocks from the future Hollywood Station as part of Tri-Rail’s new commuter rail expansion.
The remarks further describe direct access from the rail expansion to Aventura, Fort Lauderdale, FLL airport, and Miami, with the area positioned amid active development.
Key Highlights
- Legal duplex built in 1955 with a 1/1 and a spacious 2/1 layout
- Updated plumbing plus new underground plumbing
- Connected to full city sewer
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 | $40.6k | $27.00 |
| − Vacancy | −$2.1k | −$1.40 |
| EGI | $38.5k | $25.60 |
| − OpEx | −$11.6k | −$7.68 |
| NOI | $27.0k | $17.92 |
1,505 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$385.2K
$337.1K – $449.4K
NOI $26,965 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$358.4K
$313.6K – $418.1K
NOI $25,085 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$588.8K
$515.2K – $686.9K
NOI $41,213 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Legal duplex with updated plumbing, city sewer connection, and private fenced yards for a 1/1 and spacious 2/1.
Where is this duplex located?
The property is located at 822 N 20th Ave Hollywood, FL.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Legal duplex built in 1955 with a 1/1 and a spacious 2/1 layout; Updated plumbing plus new underground plumbing; Connected to full city sewer
