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817 Tyler St 11 Unit Apartment Building $3,400,000 ($309,091/Unit) 5.82% Cap Rate Hollywood, FL 33019
Investment Highlights
- Value-Add Multifamily Opportunity with Strong Rent Upside
- Diverse Unit Mix with Renovated
- Prime Rental Location with Stable Income
Executive Summary
This charming 11-unit multifamily property offers a rare investment opportunity in the heart of Hollywood. The 7,762 SF building, originally built in 1934, showcases classic architecture and historic character while providing stable income potential.
The property delivers immediate cash flow and long-term upside. Zoned RS-6 (Single Family District), it also presents potential for future redevelopment, repositioning, or value-add improvements.
Located in a prime Hollywood location near major amenities, shopping, and dining, this property combines historic charm, strong occupancy, and future potential—making it an excellent opportunity for multifamily investors seeking a unique asset in a high-demand market.
The property delivers immediate cash flow and long-term upside. Zoned RS-6 (Single Family District), it also presents potential for future redevelopment, repositioning, or value-add improvements.
Located in a prime Hollywood location near major amenities, shopping, and dining, this property combines historic charm, strong occupancy, and future potential—making it an excellent opportunity for multifamily investors seeking a unique asset in a high-demand market.
Data Room Click Here to Access
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,400,000 | Apartment Style | Low-Rise |
| Price Per Unit | $309,091 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Cap Rate | 5.82% | Building Size | 7,762 SF |
| No. Units | 11 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1940/2005 |
| Property Subtype | Apartment | ||
| Zoning | RS-6 - Residential / multi-family | ||
| Price | $3,400,000 |
| Price Per Unit | $309,091 |
| Sale Type | Investment |
| Cap Rate | 5.82% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 7,762 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1940/2005 |
| Zoning | RS-6 - Residential / multi-family |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Refrigerator
- Oven
- Dining Room
Site Amenities
- 24 Hour Access
- Trash Pickup - Curbside
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | - | 705 - 706 |
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Property Taxes
| Parcel Number | 51-42-14-02-4150 | Improvements Assessment | $1,712,580 (2026) |
| Land Assessment | $153,560 (2026) | Total Assessment | $1,866,140 (2026) |
Property Taxes
Parcel Number
51-42-14-02-4150
Land Assessment
$153,560 (2026)
Improvements Assessment
$1,712,580 (2026)
Total Assessment
$1,866,140 (2026)
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817 Tyler St
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