luxury home for sale at 2322 Taft Street, Hollywood, FL — Hollywood Park1 / 3
luxury

$575,000

2322 Taft Street, Hollywood, FL 33020

Hollywood, FL, 33020

— bd · — ba · 2,281 sqft

Listed by Fathom Realty FL, LLC

Estimated monthly payment

$4,535/mo

Income & expenses

2 units
Building totalsMonthlyAnnual
Gross rental income$2,300$27,600
Operating expenses (est.)$1,045$12,535
Net operating income (est.)$1,255$15,065

Expenses include estimated taxes, insurance, HOA and the 10% vacancy, repairs and management allowance. Loan payments are separate.

Yearly rent

$27,600

Property taxes after sale

$6,900

Florida average estimate

Insurance estimate

$2,875

South Florida average insurance estimate

$575,000
$460,000 (20% below)Asking $575,000

Cap rate — optimistic

3.10%

NOI $17,825/yr

Rent minus taxes, insurance and HOA.

Cap rate — conservative

2.62%

NOI $15,065/yr

Also minus 10% for vacancy, repairs and management.

Cash flow with a loan

20% · $115,000
0%50%100%
Loan payment $35,803/yr
Cash flow $-20,738/yr
Cap rate 2.62%
Cash-on-cash -18.03%
Cash flow ÷ price -3.61%

Conservative net operating income minus a 30-year loan payment at the price tested above.

Rent figures come from the listing. Taxes are estimated at the tested price, since Florida taxes reset on sale. Planning estimate only, not a quote. Actual premiums depend on roof age, wind mitigation, flood zone, claims history and the carrier. Verify all income and expenses with the seller's rent roll before writing an offer. Estimate only, not guaranteed. Verify before you buy or sell.

Know your costs before you buy

Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.

Estimated monthly payment $4,535/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.

About this home

Find similar homes

Rare legal duplex opportunity in the heart of Hollywood Park offering flexibility for investors, owner-users, and future redevelopment potential. The property features approximately 2,300 SF of living area with a versatile layout ideal for rental income, multigenerational living, or long-term repositioning. Currently income-producing with the front unit rented at $2,300/month and the rear unit rented at $1,650/month.Centrally located within the rapidly evolving Hollywood East corridor, just minutes from Downtown Hollywood, beaches, US-1, I-95, Fort Lauderdale Airport, shopping, dining, and entertainment.The existing configuration provides multiple occupancy options with strong income-producing potential. Larger than many nearby comparable properties, this asset offers significant functional utility while remaining competitively positioned within the current market. The property is situated on a generously sized lot with convenient access and ample surrounding redevelopment activity throughout the neighborhood.Ideal for investors seeking cash flow and appreciation, or buyers looking to occupy one portion while generating supplemental rental income. Excellent opportunity in a high-demand area experiencing continued growth and redevelopment. Buyer to independently verify zoning, use, dimensions, and future development potential.

Good deal

Why we flagged this one

A transparent review of current MLS facts—not a paid placement.

  • 181 days on market

    Longer time on market usually means the seller is more open to negotiating on price and terms.

Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.

Your costs (est.)

≈ $4,535/mo

2322 Taft Street, Hollywood, FL 33020 · Hollywood

Location

2322 Taft Street, Hollywood, FL 33020

Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995

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