322 Oklahoma St, Hollywood FL 33019 | Broward County | A11907929
  • $1,400,000

Description

JUST REDUCED $800,000! Currently 6-8% CAP RATE. Are you a developer? Check the zoning which allows you to build a 5-story 18 room hotel which is the absolute best use of this opportunity by combining the adjacent lot at 326 Oklahoma, also for sale. We have an architect already approved to help you! While you wait for that, discover a rare opportunity to own a luxury, fully renovated LEGAL triplex (4 BR / 4 Bath) located in the exclusive Resort Zone of Hollywood Beach, just steps from the ocean & world-famous Boardwalk. Completely remodeled in 2016, this turnkey property features three beautifully furnished units, each with private entrances, modern interiors, stainless steel appliances, & independent A/C, water, & electric meters. Currently operating as high-performing Airbnb vacation rentals, the property enjoys exceptional occupancy rates, making it ideal for investors seeking strong cash flow. Additional highlights include impact windows, a shared laundry facility, access to biking, kayaking, paddleboarding, boating. All furniture incl. Property is a fully operational STR for over 5 years. You’re not just buying real estate, you’re buying a business with an established repeat revenue stream that comes directly to you. Which means you don’t need to pay fees to airbnb or other platforms. List of repeat tenants included in the price. Seller financing available, at least 30% down, 6% interest, 3-5 yr balloon, and seller in 1st position ONLY!

Property Overview

This property at 322 Oklahoma Street in Hollywood is a fully renovated legal triplex located in the Resort Zone of Hollywood Beach. The building was constructed in 1941 and has a total living area of 1,700 square feet. The home is currently zoned in a way that may allow for future development opportunities, including the potential to build a five-story, 18-room hotel by combining with the adjacent lot at 326 Oklahoma, which is also available for purchase. An architect is already approved to assist with planning. Currently configured as a four-bedroom, four-bathroom triplex, the property was completely remodeled in 2016. Each unit has a private entrance, modern interiors, stainless steel appliances, and individual A/C, water, and electric meters. The property is set up for turnkey rental operation and is currently performing well as Airbnb vacation rentals with strong occupancy rates. Additional features include impact windows and a shared laundry facility. The location is highly desirable, just steps from the ocean and the popular Hollywood Beach Boardwalk. The area is known for its active community and proximity to biking and other recreational options. With a current cap rate of 6–8%, this is a compelling opportunity for investors looking for a well-maintained, income-producing property in a prime South Florida location.

Frequently Asked Questions

What is the current listing price for this triplex in Hollywood Beach?

The property is listed for sale at $1,600,000.

How many bedrooms and bathrooms does the triplex have?

The triplex has four bedrooms and four bathrooms in total.

When was the triplex last remodeled?

The triplex was fully remodeled in 2016.

Is the property currently being used for rental income?

Yes, the triplex is currently operating as high-performing Airbnb vacation rentals with strong occupancy rates.

What are the current occupancy and income potential figures for the property?

The property currently generates a 6-8% cap rate, indicating strong cash flow potential.

Is there potential for additional development or expansion?

Yes, the zoning allows for the construction of a 5-story, 18-room hotel by combining the adjacent lot at 326 Oklahoma St, which is also for sale.

Have a question about this Hollywood listing?

Talk directly with Christopher Lazaro, your Hollywood real estate advisor. No pressure — real answers.

  • Address: Oklahoma St
  • City: Hollywood
  • State/county: Broward County
  • Zip/Postal Code: 33019
  • Area: HOLLYWOOD BEACH FIRST ADD

Details

Updated on July 7, 2026 at 3:44 am
  • Property ID A11907929
  • Price $1,400,000
  • Property Size 1700 Sq Ft
  • Year Built 1941
  • Type Triplex
  • Property Status Active, Residential Income

Additional details

  • Flooring Ceramic Floor
  • Waterfront Features Ocean Access, Ocean Front, Waterfront
  • Cooling Ceiling Fan(s), Central Air, Electric
  • Association Type None
  • Building HOLLYWOOD BEACH FIRST ADD
  • Area Hollywood Beach First Add
  • Annual Tax 20773
  • Association No
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Subdivision HOLLYWOOD BEACH FIRST ADD
  • Total Stories 1
  • Heating Central, Electric
  • Structure Type Triplex
  • Tax Year 2024
  • Construction Concrete Block Construction
  • Building Area 1700
  • Year Built Details Resale
  • Inclusions None
  • Flood Zone AE,X
  • New Construction No
  • Style Triplex
  • Lot Size (Sq Ft) 0

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