1607 Hayes St Hollywood, FL 33020
This exceptional investment opportunity presents two single-family homes situated on two lots in desirable Hollywood, Florida. Built in 1953, this one-story property boasts real oak hardwood floors and offers significant rental potential. Each home has its own water and electric meters, making it ideal for individual leasing or as a combined multi-family unit. The property's location east of US1 places it in a high-demand area, close to beaches, casinos, and airports. The front house is vacant and ready for immediate occupancy. The rear house, potentially a four-bedroom, includes a washer and dryer. The property's configuration makes it perfectly suited for Airbnb operations, capitalizing on the area's strong tourism. With its existing infrastructure and prime location, this property offers a compelling investment opportunity for owner-landlords seeking substantial returns. The asking price is $749,900. This is a rare chance to acquire a well-maintained, income-generating property in a thriving South Florida market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.