2546 Coolidge St

Hollywood, FL 33020 · multi_family · Pending — under contract · 230 days on market
Asking price$450,000
5 beds 3 baths 2,063 sqft
View on Realtor.com →
Listed by Serge Saintil · Lifestyle International Realty
Typemulti_family
Built1953
Price / sqft$218
Est. value (own analysis)$595,423
Rent estimate (building total, own analysis)$5,653/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-01-16
Removed date
MLSMiamiMLS #A11946757
Coordinates26.02846, -80.15923
Address2546 Coolidge St
CityHollywood
StateFL
Zip33020
Listing ID5463998807
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)

Purchase price$450,000
Down payment (20.0%)$90,000
Loan amount$360,000
Closing costs (5.0%)$22,500
Total cash to close$112,500
Rent (estimate)$5,653$67,831
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$67,831
Vacancy rate (assumption) assumption8.0%

$67,831 × 8.0% = $5,427

Effective gross income$5,200$62,405
Property tax (placeholder 1.9% of price)$713$8,550
Insurance (placeholder 0.8% of price)$300$3,600
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$283$3,392
Total operating expenses$1,295$15,542
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$62,405
Total operating expenses derived$15,542

$62,405 − $15,542 = $46,863

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$360,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$360,000 amortized at 6.7% over 30 years = $2,313/mo

CapEx reserve (5.0% of GSR)$283$3,392
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$46,863
Annual debt service derived$27,762
Annual CapEx reserve assumption$3,392
Annual PMI assumption$0

($46,863 − $27,762 − $3,392 − $0) ÷ 12 = $1,309

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$46,863
Purchase price data$450,000

$46,863 ÷ $450,000 = 10.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$15,710
Total cash to close derived$112,500

$15,710 ÷ $112,500 = 14.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$46,863
Annual debt service derived$27,762

$46,863 ÷ $27,762 = 1.69

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$67,831
Purchase price data$450,000

($67,831 ÷ 12) ÷ $450,000 = 1.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$450,000
Gross scheduled rent (annual) comp$67,831

$450,000 ÷ $67,831 = 6.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$15,542
Effective gross income derived$62,405

$15,542 ÷ $62,405 = 24.9%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$15,542
Annual debt service derived$27,762
Annual PMI assumption$0
Gross scheduled rent (annual) comp$67,831

($15,542 + $27,762 + $0) ÷ $67,831 = 63.8%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

No active rental listings cached yet for this bedroom count.

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
2419-2421 Johnson St Units 2419 & 2421multi_family542,287$590,0002026-08-19
1807 N 17th Ave # 1-4multi_family542,733$950,0002026-08-06
1116 S 17th Avemulti_family552,688$720,0002026-07-17
2535 Lincoln Stmulti_family53,200$990,0002026-04-01

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.

AddressTypeBedsBathsSqftAsking priceDays on market
2703 Adams Stsingle_family532,856$859,000
2827 Arthur Stsingle_family532,242$869,000
1515 Dewey Stsingle_family53$949,000
1704 Rodman Stsingle_family544,753$1,099,000
2844 Funston Stsingle_family522,193$599,900
2513 Lincoln Stsingle_family554,544$890,000
1220 S 29th Avesingle_family551,788$747,777
1110 S 29th Avemulti_family542,128$725,000

10-year hold projection

IRR22.4%
Equity multiple4.34x
Total return (10yr)$434,026
YearProperty valueNOICash flowLoan balanceEquity
1$463,500$46,863$15,710$356,097$107,403
2$477,405$48,347$17,109$351,925$125,480
3$491,727$49,877$18,552$347,468$144,259
4$506,479$51,455$20,041$342,704$163,775
5$521,673$53,082$21,577$337,613$184,060
6$537,324$54,761$23,162$332,172$205,151
7$553,443$56,491$24,797$326,358$227,085
8$570,047$58,276$26,483$320,145$249,902
9$587,148$60,117$28,223$313,505$273,643
10$604,762$62,015$30,018$306,408$298,354
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.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.