ASSETRAReal World Assets
26.01°N · 80.12°W
STR ARBITRAGE · FL

334 Oregon St.

Gallery7 photos
Strategy

Vacation rentals, monthly cash distributions

Hollywood 5-unit multifamily near the Intracoastal, short-term rental registration permitted.

Thesis

Short-term rental strategy on a 5-unit multifamily building (2x2/2 + 1x1/1 + 2 studios) totaling 2,972 square feet (built 1950) at 334 Oregon Street Units 1 through 5 in Hollywood, Florida. Hollywood's short-term rental registration framework permits operation of short-term rentals subject to the city's licensing and operational rules, and the property's proximity to the Intracoastal supports the visitor-facing demand profile that underpins short-term rental revenue in the submarket. The unit mix combines two two-bedroom units, one one-bedroom, and two studios, creating a diversified inventory across the shorter-stay and longer-stay segments of the visitor demand curve. The strategy underwrites unit-level specification and furnishing to an updated-comparable tier, registration compliance with the City of Hollywood, channel distribution across major short-term rental platforms, and revenue management across the seasonal curve. Hold duration is expected to span a stabilization window during which the unit base is brought to specification, followed by a yield-focused hold. Asking basis of 3.7 million dollars reflects the unit count, the five-unit mix, and the Hollywood near-Intracoastal positioning. Capital deployment covers unit-level renovation and furnishing, systems and envelope updates as required given the 1950 construction, registration, and operational infrastructure. Returns are targeted from the revenue uplift attributable to operating a legally registered short-term rental portfolio of diversified unit mix near the Intracoastal corridor.

Specifications
Address
334 Oregon St.
City
Hollywood, FL
ZIP
33019
Beds
5
Baths
6
Living sqft
2,972
Lot sqft
6,375
Year built
1950
Waterfront
NONE
Features
  • 5 units
  • Hollywood STR registered
  • Near Intracoastal
Project economics

Short-term rental economics model using operating-capital basis, permitted STR revenue thesis, maturity, and downside/upside operating outcomes. Detailed sponsor line items are shown when a full proforma is available.

Operating-capital basis
$1,342,000
Asking
$3,700,000
Capital envelope
$1,342,000
Maturity
48 months
Downside exit
$4,832,20030.6% ROI
Upside exit
$6,216,00068% ROI

Source: strategy economics model · figures are forward-looking estimates · not a guarantee of return

ASSETRAReal World Assets

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