Home » Properties » 2014 Funston St, Hollywood FL 33020

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Duplex Income Property in Hollywood, FL

Charming duplex built in 1930 at 2014 Funston St, Hollywood offers solid income potential with convenient backyard parking.

$495,000

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MLS #A11820818

Listing Updated: 2026-07-12 00:32:50

Listed By: Universal USA Realty LLC

Overview

This 1930-built duplex at 2014 Funston St in Hollywood combines classic charm with practical income-producing appeal. Featuring two separate units—one with 1 bedroom and 1 bathroom, the other with 2 bedrooms and 2 bathrooms—the property spans 1,440 square feet with ample backyard parking for up to eight cars accessible via the alley. Maintaining dual FPL meters ensures tenant-paid electricity for one unit, while the landlord handles utilities for the other. The location offers easy access to various Hollywood amenities and a stable annual income stream. This setup caters well to buyers interested in multi-family living arrangements or investment options within a vibrant, evolving neighborhood.

Property Highlights

Duplex built in 1930 with 1,440 sqft, 1/1 and 2/2 units. Parking for 8 cars behind property. Dual FPL meters and steady rental income potential. Located in Hollywood, FL 33020.

Property Details

City: Hollywood

State: FL

Zip Code: 33020

Address: 2014 Funston St, Hollywood FL 33020

Year Built: 1930

Property Type: Residential Income

Property Sub Type: Duplex

Listing Office Name: Universal USA Realty LLC

County: Broward County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $6,014

Days On Market: 360 Days

Original Listing Description

GREAT INVESTMENT OPPORTUNITY! 2 FPL METER , ONE IS PAID BY TENANT, ONE IS PAID BY LANDLORD 1 WATER METER Duplex 1/1 2/2 parking for 8 cars in the backyard (access through the alley) Annual income 52800 APROX Prop tax 6014 (2024) Water 3600 ANNUAL APROX Fpl 4352 ANNUAL APROX Gas 510 ANNUAL APROX PAID BY LANDLORD ** ABOUT 7.7% CAP RATE

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

2014 Funston St, Hollywood FL 33020

About This Neighborhood

Nestled in Hollywood's established residential area, this duplex offers buyers a chance to live or invest in a neighborhood blending suburban comfort with city accessibility. The community lifestyle supports a mix of single-family homes and multi-unit properties, providing a stable and welcoming environment. Residents enjoy proximity to local parks, schools, and shopping centers, enriching day-to-day living. Its convenient location within the 33020 ZIP code ensures easy access to major roadways and nearby beaches, making it an attractive option for those who value a mix of work-life convenience and leisure.

Walkability & Lifestyle

Residents can enjoy a walkable lifestyle with nearby conveniences such as cafes, local shops, and parks within easy reach. The neighborhood supports easy access to grocery stores and dining options, encouraging casual strolls and daily errands on foot. While the property benefits from urban convenience, it also offers quick routes to outdoor spaces and recreational areas. This blend of factors enhances day-to-day comfort and connectivity for residents.

Things To Do Nearby

Living here offers ample opportunities for enjoying Hollywood's diverse recreational options. Just a short drive gives access to sun-soaked beaches, marinas, and waterfront parks. Residents can explore nearby golf courses, vibrant dining scenes, and cultural events hosted throughout the city. The property’s central location ensures that weekend activities and outdoor adventures are always within reach, supporting an active and enjoyable Florida lifestyle.

Nearby Schools

Families in this Hollywood neighborhood have easy access to a variety of schools, offering convenience for households with children. The area's educational options contribute to a family-friendly atmosphere that attracts long-term residents. Proximity to quality schools can simplify daily routines and supports a community where families feel connected and engaged. This accessibility is an important consideration for buyers valuing neighborhood stability and educational resources.

Why Buyers Like This Area

Buyers appreciate this duplex for its combination of classic character, functional layout, and income potential. The dual electric meters and substantial parking provide practical benefits, particularly in a busy urban setting like Hollywood. Its location combines residential tranquility with excellent access to urban amenities, appealing to those who want a versatile property for living or investment. The home's unique features and neighborhood conveniences make it a favored choice among diverse buyer profiles.

Investment Potential

This Hollywood duplex presents a balanced opportunity for buyers seeking steady rental income in a highly regarded Florida community. With separate electric meters and water management, the property simplifies billing while supporting multiple tenants. The backyard parking for eight vehicles enhances tenant convenience and appeal, especially in urban settings where parking is at a premium. Buyers interested in seasonal or long-term rentals will appreciate the property's location, which is near central Hollywood attractions and transportation, adding to its timeless appeal and reliable income potential.

Market Trends

The Hollywood residential income market continues to show long-term stability thanks to consistent demand for multi-family units. Older properties with solid infrastructure, like this 1930 duplex, are increasingly sought after for their character and income-producing qualities. Buyers benefit from a market that balances investor interest with community growth. Ongoing area developments and Hollywood's reputation for a vibrant yet approachable lifestyle help support steady rental demand and neighborhood revitalization, contributing to enduring appeal for owners and tenants alike.

Rental Income Potential

The property currently generates an estimated annual income of around $52,800 with a practical division of utility responsibilities. This setup appeals to tenants and landlords who value clarity and expense management. Its location in Hollywood, close to shops, dining, and employment hubs, bolsters rental desirability year-round. While income potential can vary, the duplex’s configuration and neighborhood enhance its appeal to renters seeking accessible and well-maintained homes, making it suitable for cautious investors interested in reliable cash flow with manageable landlord obligations.