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Remodeled Duplex with Parking
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915 N 19th Ave, Hollywood, FL 33020

Two-unit property with separate electric metering and on-site laundry accommodations.

Property Size1,462 SF
Price / SF$348.15
Days on Market172

Property Features for 915 N 19th Ave

General Information

Standard status Active
Size 1,462 SF
Total Parking Spaces 4
Property subtype Multifamily
Zoning ND-1

Building Details

Year Built 1959
Listing Agency: United Realty Group - Weston
Listed By: Keylla Kell Sanchez · License #3232235
Source: Crexi
Added: May 4 Changed: Oct 7 Last Checked: Oct 20 at 7:32PM

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 United Realty Group - Weston

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Investment Insights

Based on property information with market context.

This 1,462-square-foot duplex in Hollywood was built in 1959 and is zoned ND-1. The property includes two residential units, separate electric meters, and four parking spaces, with two assigned to each unit. Laundry is provided within the front unit, while the rear unit uses a dedicated on-site laundry room. The rear residence has been remodeled, and the roof was replaced in 2023.

Both units are occupied under month-to-month rental arrangements. The property is near new development, restaurants, and the beach, with an address at 915 N 19th Ave in Hollywood, Florida.

Key Highlights

  • 1,462‑square‑foot duplex in Hollywood
  • Four parking spaces, with two assigned to each unit
  • Separate electric meters for the two units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,195
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,900 $523.9K
Cap Rate 7%
$374,214 $374.2K
Cap Rate 9%
$291,056 $291.1K
Market Conditions
NOI Build-Up for 1,462 SF
Gross rent
$39.5K $27.00/SF
− Vacancy
−$2.1K −$1.40/SF
EGI
$37.4K $25.60/SF
− OpEx
−$11.2K −$7.68/SF
NOI
$26.2K $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%
$523,900
Cap Rate 7%
$374,214
Cap Rate 9%
$291,056

Alternative Uses

Best Use
Multifamily LT 5
$374.2K
$327.4K – $436.6K (±1% cap)
NOI $26,195 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$348.1K
$304.6K – $406.2K (±1% cap)
NOI $24,369 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$571.9K
$500.4K – $667.3K (±1% cap)
NOI $40,035 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

3,411
Businesses Nearby

Demographics for 33020, FL

45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
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

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with separate electric metering and on-site laundry accommodations.
Where is this duplex located?
The property is located at 915 N 19th Ave Hollywood, FL.
What is the asking price?
The asking price for this property is $509,000.
What are key features of this property?
This property features: 1,462‑square‑foot duplex in Hollywood; Four parking spaces, with two assigned to each unit; Separate electric meters for the two units
(954) 274-6341 Call to check price and availability
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