Multifamily in Hollywood, FL 33020

Hollywood Lakes, 1633 Tyler St #1-2

Rare Legal Duplex – Feels Like Two Single-Family Homes – Fully Furnished Turnkey Investment – Prime Downtown Hollywood Exceptional opportunity just one block from Young Circle in the heart of Downtown Hollywood, located within the highly desirable LT (Local Activity Center) zoning district. Designed back-to-back with only one shared rear wall, this property truly functions as two separate single-family homes: • One residence with private entrance from Tyler Street • One residence with private entrance from the rear alley • Each unit includes 2 dedicated parking spaces directly in front (4 total) • Two separate electric meters • Two private yards Each residence is a spacious 3-bedroom, 2-bath layout featuring: • Primary suite with ensuite bath • Sliding glass doors from the living area opening to a private patio • Washer & dryer in each unit Recent upgrades include a 1-year-old roof and hurricane impact windows. The property is currently operated as a short-term rental generating approximately $120,000 annually. The sale includes all furnishings, décor, household items, and existing setup, making this a completely turnkey opportunity. A new owner can begin generating income from day one. LT zoning allows for multifamily, live-work, lodging, office, and select commercial uses, with development potential up to approximately 6,398 square feet under current regulations. Steps from Young Circle, restaurants, cafés, stores, and just minutes to Hollywood Beach.