2-Unit
Hollywood, FL 33020, Hollywood, FL 33020
For Sale
$449,999
Residential Income, Hollywood, FL
Property Size986 SF
Price / SF$456.39
Days on Market107
Property Features
General Information
Property type
Property subtype
Zoning description
Bedrooms
Full bathrooms
Rooms
Parking
Lot features
Subdivision
Standard status
Size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Sewer type
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
United Realty Group Inc
(954) 450-2000
Listed By:
Eric Faden · License FL #3419776
(786) 704-2468
Added: Jul 30
Changed: Nov 10
Last Checked: Nov 13 at 2:06AM
MLS# A11923163
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex contains two similarly configured apartments, each with one bedroom and one bathroom. The building measures 986 square feet and was constructed in 1938, with block construction, vinyl flooring, and a flat roof. Public sewer service and cable availability are noted for the property.
The property is in Hollywood, Florida. Hollywood Beach, Downtown Hollywood, shops, dining, and major highways are described as a short drive away; nearby schools are also noted.
The property is in Hollywood, Florida. Hollywood Beach, Downtown Hollywood, shops, dining, and major highways are described as a short drive away; nearby schools are also noted.
Key Highlights
- Two units, each with 1 bedroom and 1 bathroom
- 986 square feet
- Built in 1938
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,666
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,320
$353.3K
Cap Rate 7%
$252,371
$252.4K
Cap Rate 9%
$196,289
$196.3K
Market Conditions
NOI Build-Up for 986 SF
Gross rent
$26.6K $27.00/SF
− Vacancy
−$1.4K −$1.40/SF
EGI
$25.2K $25.60/SF
− OpEx
−$7.6K −$7.68/SF
NOI
$17.7K $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%
$353,320
Cap Rate 7%
$252,371
Cap Rate 9%
$196,289
Alternative Uses
Best Use
Multifamily LT 5
$252.4K
$220.8K – $294.4K
NOI $17,666 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$234.8K
$205.4K – $273.9K
NOI $16,435 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$385.7K
$337.5K – $450.0K
NOI $27,001 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,440
Businesses Nearby
Explore this area
Business Placement
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
$306,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Hollywood, FL
Properties on Market for Duplexes in Hollywood
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching apartments provide a separate bedroom and bathroom in each unit.
Where is this duplex located?
The property is located at Hollywood, FL.
What is the asking price?
The asking price for this property is $449,999.
What are key features of this property?
This property features: Two units, each with 1 bedroom and 1 bathroom; 986 square feet; Built in 1938
