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    5616 Arthur St Hollywood, FL 33021

    For Sale
    $475,000

    Desirable Hollywood location, two-unit rental property.

    Property size:
    1,247 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This charming 1957-built, single-story duplex in Hollywood, Florida, presents a fantastic investment opportunity. Located at 5616 Arthur St, 33021, in the desirable central Hollywood area near Emerald Hills, this property offers 1,247 square feet of living space spread across two separate units. Each unit boasts its own meter, providing independent utility management and maximizing rental income potential. Currently, both units are occupied by long-term tenants, ensuring a steady stream of rental revenue. The property's convenient location and the presence of reliable tenants make this a truly turnkey investment, requiring minimal effort to manage. The asking price is $475,000. This duplex represents a rare chance to acquire a well-maintained, income-generating property in a highly sought-after area of Hollywood, Florida. The property's solid construction and established tenancy make it an ideal addition to any investment portfolio. Don't miss this opportunity to own a piece of Hollywood's thriving real estate market.

    Property Features for 5616 Arthur St

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,247 SF

    Building Details

    Year Built
    1957
    Stories
    1

    HighLights

    • $475,000 asking price.
    • Multifamily property, specifically a duplex/triplex/quadruplex apartment building.
    • 1,247 square feet.
    • Built in 1957, one story.
    • Located at 5616 Arthur St, Hollywood, FL 33021.
    • Turnkey investment with two separate meters and long‑term tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.2007063
    Latitude
    26.021225

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    FAQs

    What type of property is this?
    Multifamily property - Desirable Hollywood location, two-unit rental property.
    Where is this multifamily property located?
    The property is located at 5616 Arthur St Hollywood, FL.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: $475,000 asking price.; Multifamily property, specifically a duplex/triplex/quadruplex apartment building.; 1,247 square feet.
    Request Owner's contact information
    5616 Arthur St Hollywood, FL 33021
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    Hollywood, FL 33021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5616 Arthur St Hollywood, FL 33021
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