1629 Mayo St, Hollywood, FL 33020 — MLS photo

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1629 Mayo St, Hollywood, FL 33020

Active · Duplex

$670,000

1629 Mayo St, Hollywood, FL 33020

Beds
—
Baths
0
Living area
1,671 sq ft
$ / sq ft
$401/sq ft
Year built
1964
Lot size
—
HOA fee
—
Annual tax
$5,462

About this property

Excellent investment opportunity! Beautifully remodeled income-producing property! This unique duplex features 3 independent units, including a spacious 2/1 and 1/1, and a separate studio, offering flexibility for investors or owner-occupants. Both main units have been fully updated with elegant marble floors, modern appliance, and abundant natural light throughout, creating a bright and inviting living space. Unbeatable location just 2 blocks east of Federal Hwy and minutes from Downtown and Hollywood Beach. This is a true value-add opportunity for investors for long-term hold. The property offers strong potential for rental growth and long-term appreciation in a rapidly improving neighborhood. Please review the offer memorandum for neighborhood trends, lease analysis and sales grids. Don't miss this incredible opportunity!

Property location

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1629 Mayo St, Hollywood, FL 33020

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Facts & features

Interior

Bathrooms
0
Living area
1,671 sq ft
Flooring
Marble
Cooling
Central Air
Heating
Central

Exterior & Structure

Property type
Duplex
Year built
1964
Roof
Shingle
Construction
Block
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$5,462
Subdivision
HOLLYWOOD SOUTH SIDE ADD
County
Broward
Days on market
2
MLS listing ID
A12001867
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$343

Cap rate
6.3%
Net yield
6.3%
Cash-on-cash return
2.2%
Gross yield
8.7%
Mortgage payment
$3,176/mo
Down payment
$167,500
Loan amount
$502,500
Annual NOI
$42,228

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.