WorkspaceDiscoverMultifamily · Hollywood · Broward County
1711 Thomas St, Hollywood
Hollywood triplex with month-to-month tenants. Asking price reduced from $651,000 to $630,000 on October 7. The seller describes rent upside but does not publish current rent amounts.
Recorded status: Broker page reported active; recheck availability. Checked: .
Dated listing record · recheck availability and legal unit count.
- Asking price
- $630,000
Monthly rent · Scenario: Not reported
Assumptions behind these estimates
Starting values for this brief. Change any of them in the interactive brief; your changes stay in your browser. Default values
| Input | Value | Basis |
|---|---|---|
| Total scheduled rent per month | Not set | Needs your estimate |
| Vacancy (%) | 5% | Matches planning allowance |
| Management (% of collected rent) | 8% | Matches planning allowance |
| Maintenance (% of total rent) | 5% | Matches planning allowance |
| Buyer annual tax assumption (% of price) | 2% | Matches planning allowance |
| Annual insurance | $8,460 | Matches planning allowance |
| Annual owner-paid utilities | $3,600 | Matches planning allowance |
| Monthly HOA or condo fees | $0 | Matches source observation |
| Other annual operating expenses | $1,800 | Matches planning allowance |
| Capital reserves (% of total rent) | 3% | Matches planning allowance |
| Down payment (%) | 100% | Matches planning allowance |
| Mortgage rate (%) | 7% | Matches planning allowance |
Unit mix & possession
Three units advertised as rented month-to-month; rents are not quantified.
- Reported units
- 3
- Reported listing area
- 1,931 sq ft
- Asking / reported sq ft
- $326
- HOA / month
- $0
- Historical property tax / year
- $11,676
- HOA + historical tax / month
- $973
$973/month goes to reported HOA and historical tax alone. Rental income would have to cover this plus the remaining ownership costs.
HOA + historical tax only. Excludes insurance, assessments, upkeep and financing; buyer taxes can change.
Broker info & key considerations To confirm
- The seller’s below-market claim is not supported by rent comparables here.
- Independently confirm rental-duration rules; a listing claim of no restrictions is not approval.
- Listing availability, legal units, lease collections and operating costs require independent confirmation.
Source evidence and diligence
Financial figures observed Oct 8, 2026. Reported income is not audited collections. Editable estimates, financing and saved assumptions are separate from these source facts.
Gross rental yield basis
Needs supported whole-property rent or your rent assumption and a positive asking price. Unknown rent is not zero.
Sources
- Compass · United Realty Group · A12019592 · price reduced 7 Oct; checked 8 OctSource observation · Oct 8, 2026
- Compass · United Realty Group Inc · MLS A12019592Source observation · Oct 6, 2026
Questions to resolve
- Obtain executed leases, tenant estoppels, deposit accounting and collection history.
- Reconcile the offered units, address and living area with title, permits and occupancy records.
- Obtain trailing expenses, buyer tax estimates and property-specific insurance quotes.
Similar properties
- 1026 NE 9th Ave, Fort Lauderdale: 3-unit multifamily, asking $744,500
- 1932 Dewey St, Hollywood: 2-unit multifamily, asking $499,000
- 1938 Pierce St, Hollywood: 2-unit multifamily, asking $495,000
Florida property research
Research scope includes Miami-Dade, Broward, the Florida Keys and Flagler County. Published observations vary by market.
[1] Gross yield excludes costs and financing. Source figures are unverified; estimates use editable assumptions. Check current listing availability. County records are separate from listings. Saves stay in this browser; export a backup before clearing site data. Sources & methods