Thomas Apartments — Sale in Hollywood, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Hollywood, FL 33020

Investment Figures

Cap rate
6.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap are pleased to present Thomas Street Apartments, a multifamily property operating as 13-units and located at 1821 Thomas Street in Hollywood, Florida. SUBJECT PROPERTY Thomas Street Apartments were constructed in 1957 and comprise (one) two-story concrete block building with painted stucco exterior and flat roof. The property consists of (12) studio apartments and (one) one-bedroom/one-bathroom apartment. The building totals 5,287 square feet and is situated on a 10,696-square-foot lot (0.25 acres), according to the Broward County Property Appraiser. Units feature mini-split air conditioning and updated interior finishes, including modern kitchens with white cabinetry and vinyl wood-style flooring. Property amenities include on-site laundry, large turf courtyard and paved asphalt parking on the north and south side of the property. LOCATION Thomas Street Apartments are located in Hollywood, Florida, offering residents convenient access to major thoroughfares including Sheridan Street and Federal Highway (US-1), as well as a wide variety of retail, dining, and entertainment destinations within a short drive. Surrounding retailers and points of interest include Chase Bank (0.3 miles), Chipotle (0.4 miles), Starbucks (0.4 miles), Publix Super Market at West Lake Commons (0.4 miles), Walmart Neighborhood Market (0.8 miles), Walgreens Pharmacy (0.9 miles), Hollywood Beach Golf Club (1.4 miles), Twin Peaks (1.5 miles), ArtsPark at Young Circle (1.6 miles), Publix Super Market at Young Circle (1.7 miles), Hollywood North Beach Park (2.1 miles), Casino at Dania Beach (2.1 miles), Dania Pointe (Shops, Restaurants, Entertainment) (2.6 miles), Fort Lauderdale-Hollywood International Airport (3.3 miles), and Dania Beach Pier (3.9 miles). Nearby educational facilities include South Broward High School (0.2 miles), Avant Garde Academy (1.0 miles), Olsen Middle School (1.4 miles), and Dania Elementary School (1.9 miles). SUMMARY Thomas Street Apartments is being

Market Context

This multifamily in Hollywood, FL is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 100 days. Compare it against other multifamily listings for sale in Hollywood, FL — view the full market.

As of Q1 2026, the Fort Lauderdale multifamily market showed average asking rents near $2203.00/unit/mo, and cap rates around 5.8%. Source: multiple brokerage reports, Q1 2026.

Its 6.0% asking cap rate is in line with the Fort Lauderdale multifamily market average of about 5.8%.

Multifamily market FAQ

What is the typical cap rate for multifamily in Fort Lauderdale?
About 5.8% as of Q1 2026, per multiple brokerage reports.

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