405 S 16th Ave
Hollywood, FL 33020 · single_family · For Sale · 43 days on market
Asking price$625,000
2 beds 2 baths 1,249 sqft
Suggested offer$489,371$135,629 above the est. market value of $489,371.
View on Realtor.com →Listed by Alex Bruno, Agent · Remax 5 Star Realty
Typesingle_family
Built1941
Price / sqft$500
Est. value (own analysis)$489,371
Rent estimate (own analysis)$2,800/mo
HOANone
1 / 39
Show every detail
Statusfor_sale
Listed date2026-07-21
Removed date—
MLSMiamiMLS #A12057285
Coordinates26.00861, -80.13882
Address405 S 16th Ave
CityHollywood
StateFL
Zip33020
Listing ID5375391217
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33020)
Median sale price$489,000
Median days on market (sale)94
Active sale listings625
Median rent$2,000/mo
Median days on market (rent)33
Active rental listings1144
Real ZIP-wide statistics from RentCast, as of 2026-09 (fetched 2026-09-03) — this is the whole ZIP's market, not specific to this property. Re-analyzing spends one of the account's 50 free monthly lookups. Our own log shows at least 6 of the 50 free monthly RentCast requests used — that only counts calls made through this app, so it can undercount. RentCast's own account dashboard has the real total.
Re-analyze ZIP 33020 (≥6 of 50 per our log)Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $625,000 |
| Down payment (20.0%) | $125,000 |
| Loan amount | $500,000 |
| Closing costs (5.0%) | $31,250 |
| Total cash to close | $156,250 |
| Income | |
| Rent (comp-derived) | $2,800$33,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,576$30,912 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $990$11,875 |
| Insurance (placeholder 0.8% of price) | $417$5,000 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $140$1,680 |
| Total operating expenses | $1,546$18,555 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $140$1,680 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 2 | 1 | 1,355 | $2,285 | 2026-05-24 | — | |
| single_family | 2 | 1 | 1,015 | $2,100 | 2026-07-16 | — | |
| single_family | 2 | 1 | 950 | $1,600 | 2022-05-02 | — | |
| single_family | 2 | 2 | 1,104 | $3,000 | 2026-08-27 | — | |
| single_family | 2 | 2 | 1,224 | $2,950 | 2026-08-27 | — | |
| single_family | 2 | 2 | 1,287 | $5,999 | 2026-08-26 | — | |
| single_family | 2 | 1 | 1,250 | $2,200 | 2026-07-27 | — | |
| single_family | 2 | 1 | 1,250 | $2,300 | 2026-07-17 | — | |
| single_family | 2 | 1 | 825 | $2,200 | 2026-07-23 | — | |
| single_family | 2 | 2 | 1,200 | $2,400 | 2026-07-19 | — | |
| single_family | 2 | 2 | 1,287 | $3,500 | 2026-06-18 | — | |
| single_family | 2 | 1 | 813 | $1,950 | 2026-03-11 | — | |
| single_family | 2 | 1 | 1,540 | $2,300 | 2026-06-01 | — | |
| single_family | 2 | 2 | 1,144 | $5,000 | 2026-08-10 | — | |
| single_family | 2 | 1 | 990 | $3,100 | 2026-08-21 | — | |
| single_family | 2 | 1 | 1,494 | $2,800 | 2025-09-29 | — | |
| single_family | 2 | 2 | 1,110 | $5,000 | 2026-03-20 | — | |
| single_family | 2 | 1 | 1,550 | $2,600 | 2026-07-22 | — | |
| single_family | 2 | 1 | 941 | $2,690 | 2026-08-09 | — | |
| single_family | 2 | 1 | 1,024 | $2,800 | 2026-03-09 | — | |
| single_family | 2 | 1 | 1,260 | $2,640 | 2026-08-14 | — | |
| single_family | 2 | 1 | 1,053 | $3,150 | 2026-06-03 | — | |
| single_family | 2 | 1 | 897 | $2,600 | 2026-08-06 | — | |
| single_family | 2 | 1 | 915 | $2,500 | 2026-03-11 | — | |
| single_family | 2 | 2 | 1,200 | $3,200 | 2026-03-14 | — | |
| single_family | 2 | 1 | 1,200 | $3,000 | 2026-08-21 | — | |
| single_family | 2 | 1 | 1,428 | $3,800 | 2026-07-07 | — | |
| single_family | 2 | 2 | 1,354 | $4,500 | — | — | |
| single_family | 2 | 1 | 1,488 | $4,100 | — | — |
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 2315 Johnson St | single_family | 2 | 1 | 926 | $375,000 | 2026-08-31 |
| 2538 Liberty St | single_family | 2 | 2 | 1,332 | $505,000 | 2026-08-18 |
| 2702 Hayes St | single_family | 2 | 1 | 1,284 | $380,000 | 2026-08-07 |
| 2711 Dewey St | single_family | 2 | 1 | 1,232 | $450,000 | 2026-08-06 |
| 1523 Johnson St | single_family | 2 | 2 | 1,175 | $650,000 | 2026-08-05 |
| 2745 Funston St | single_family | 2 | 1 | 1,006 | $359,000 | 2026-08-05 |
| 510 S 29th Ct | single_family | 2 | 1 | 1,120 | $390,000 | 2026-08-01 |
| 2431 Rodman St | single_family | 2 | 1 | 1,066 | $350,000 | 2026-07-30 |
| 2460 Jackson St | single_family | 2 | 1 | 1,136 | $490,000 | 2026-07-29 |
| 1210 S 24th Ter | single_family | 2 | 1 | 943 | $395,000 | 2026-07-27 |
| 1411 Harding St | single_family | 2 | 1 | 1,296 | $620,000 | 2026-07-23 |
| 2414 Jackson St | single_family | 2 | 1 | 1,353 | $293,700 | 2026-07-16 |
| 2110 Funston St | single_family | 2 | 1 | 1,398 | $416,000 | 2026-07-08 |
| 2704 Bruce Ter | single_family | 2 | 2 | 1,564 | $555,000 | 2026-07-06 |
| 2630 Grant St | single_family | 2 | 1 | 1,029 | $450,000 | 2026-07-02 |
| 2249 Johnson St | single_family | 2 | 1 | 1,523 | $420,000 | 2026-07-01 |
| 1501 N 16th Ct | single_family | 2 | 1 | 1,104 | $410,000 | 2026-06-30 |
| 2211 Coolidge St | single_family | 2 | 1 | 960 | $457,000 | 2026-06-24 |
| 1627 Moffett St | single_family | 2 | 2 | 1,262 | $595,000 | 2026-06-23 |
| 2315 Harding St | single_family | 2 | 1 | 646 | $315,000 | 2026-06-23 |
| 9738982344 | single_family | 2 | 2 | 1,254 | $350,000 | 2026-06-17 |
| 2638 Adams St | single_family | 2 | 1 | 1,254 | $370,000 | 2026-06-10 |
| 2438 Arthur St | single_family | 2 | 1 | 756 | $370,000 | 2026-06-05 |
| 2320 Funston St | single_family | 2 | 1 | 1,026 | $415,000 | 2026-05-18 |
| 2826 Madison St | single_family | 2 | 1 | 1,135 | $360,000 | 2026-05-15 |
| 1551 Madison St | single_family | 2 | 2 | 1,001 | $592,000 | 2026-05-12 |
| 2515 Roosevelt St | single_family | 2 | 1 | 864 | $410,000 | 2026-05-08 |
| 1410 Van Buren St | single_family | 2 | 1 | 1,150 | $470,000 | 2026-05-07 |
| 1033 N 19th Ave | single_family | 2 | 1 | 1,016 | $339,500 | 2026-05-06 |
| 1516 Mayo St | single_family | 2 | 3 | 1,459 | $690,000 | 2026-04-29 |
| 1538 Funston St | single_family | 2 | 1 | 1,156 | $380,000 | 2026-04-29 |
| 2506 Mayo St | single_family | 2 | 1 | 1,172 | $390,000 | 2026-04-28 |
| 2533 Wiley St | single_family | 2 | 1 | 1,212 | $380,000 | 2026-04-23 |
| 2243 Cleveland St | single_family | 2 | 1 | 923 | $510,000 | 2026-04-17 |
| 807 N 26th Ave | single_family | 2 | 1 | 1,222 | $385,000 | 2026-04-17 |
| 2615 Garfield St | single_family | 2 | 1 | 1,326 | $465,000 | 2026-04-16 |
| 1031 N 16th Ave | single_family | 2 | 2 | 1,463 | $685,000 | 2026-04-13 |
| 1408 Hollywood Blvd | single_family | 2 | 2 | 1,448 | $620,000 | 2026-04-03 |
| 2634 Thomas St | single_family | 2 | 1 | 744 | $490,000 | 2026-03-30 |
| 2922 Madison St | single_family | 2 | 1 | 1,160 | $419,000 | 2026-03-26 |
| 2810 Mayo St | single_family | 2 | 1 | 1,124 | $496,000 | 2026-03-13 |
| 2705 Scott St | single_family | 2 | 2 | 1,168 | $585,000 | 2026-02-27 |
| 2411 Cleveland St | single_family | 2 | 1 | 528 | $230,000 | 2026-02-04 |
| 2135 Plunkett Ct | single_family | 2 | 1 | 675 | $275,000 | 2026-01-12 |
| 2226 Liberty St | single_family | 2 | 1 | 616 | $150,000 | 2026-01-09 |
| 2119 Plunkett St | single_family | 2 | 1 | 1,151 | $400,000 | 2026-01-05 |
| 2447 Liberty St | single_family | 2 | 0 | 1,032 | $343,000 | 2025-12-31 |
| 1440 Grant St | single_family | 2 | 2 | 1,220 | $650,000 | 2025-12-29 |
| 2126 Plunkett St | single_family | 2 | 1 | 873 | $230,412 | 2025-12-24 |
| 1655 Jefferson St | single_family | 2 | 2 | 1,341 | $585,000 | 2025-12-23 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 401 N Federal Hwy Unit 914 | condos | 2 | 2 | 1,123 | $1,171,083 | — |
| 401 N Federal Hwy Unit 910 | condos | 2 | 2 | 1,050 | $906,900 | — |
| 1750 Jefferson St Apt 507 | condos | 2 | 2 | 934 | $135,000 | — |
| 1811 Jefferson St Apt 501 | condos | 2 | 2 | 1,332 | $135,000 | — |
| 2781 Taft St Apt 303 | condos | 2 | 2 | 1,040 | $174,999 | — |
| 418 S 24th Ave | single_family | 2 | 1 | 840 | $299,000 | — |
| 1523 Liberty St | single_family | 2 | 1 | 1,264 | $500,000 | — |
| 1830 Radius Dr Apt 720 | condos | 2 | 2 | 1,108 | $320,000 | — |
10-year hold projection
IRR-2.0%
Equity multiple0.68x
Total return (10yr)$31,474
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $643,750 | $12,357 | -$27,881 | $494,579 | $149,171 |
| 2 | $663,063 | $12,820 | -$27,459 | $488,786 | $174,277 |
| 3 | $682,954 | $13,300 | -$27,022 | $482,594 | $200,360 |
| 4 | $703,443 | $13,797 | -$26,570 | $475,978 | $227,465 |
| 5 | $724,546 | $14,310 | -$26,101 | $468,907 | $255,639 |
| 6 | $746,283 | $14,842 | -$25,616 | $461,351 | $284,931 |
| 7 | $768,671 | $15,392 | -$25,113 | $453,276 | $315,395 |
| 8 | $791,731 | $15,962 | -$24,593 | $444,647 | $347,085 |
| 9 | $815,483 | $16,551 | -$24,054 | $435,424 | $380,059 |
| 10 | $839,948 | $17,161 | -$23,495 | $425,569 | $414,379 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.