Hollywood, FL 33020 · condos · For Sale · 317 days on market
Asking price$450,000
3 beds 2 baths 1,438 sqft
Suggested offer$377,236$72,764 above the est. market value of $377,236.
View on Realtor.com →Listed by EDDIE LIM, ASSOCIATE BROKER, GRI,CR · Beachfront Realty Inc
Typecondos
Built2007
Price / sqft$313
Est. value (own analysis)$377,236
Rent estimate (own analysis)$3,200/mo
HOANone
1 / 21
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Statusfor_sale
Listed date2025-10-20
Removed date—
MLSMiamiMLS #A11898499
Coordinates26.01332, -80.14337
Address
CityHollywood
StateFL
Zip33020
Listing ID5565347557
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 | $450,000 |
| Down payment (20.0%) | $90,000 |
| Loan amount | $360,000 |
| Closing costs (5.0%) | $22,500 |
| Total cash to close | $112,500 |
| Income | |
| Rent (comp-derived) | $3,200$38,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,944$35,328 |
| Operating expenses | |
| 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) | $160$1,920 |
| Total operating expenses | $1,173$14,070 |
| 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) | $160$1,920 |
| 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 |
|---|---|---|---|---|---|---|---|
| apartment | 3 | 1 | 1,100 | $2,080 | 2026-07-23 | — | |
| condos | 3 | 2 | 1,277 | $2,800 | 2026-08-10 | — | |
| apartment | 3 | 2 | 1,200 | $2,500 | 2026-07-08 | — | |
| condos | 3 | 3 | 1,482 | $3,000 | 2026-03-08 | — | |
| apartment | 3 | 2 | 1,200 | $2,700 | 2026-06-02 | — | |
| apartment | 3 | 2 | 1,168 | $2,750 | 2026-06-29 | — | |
| apartment | 3 | 1 | 1,200 | $2,475 | 2026-08-12 | — | |
| condos | 3 | 3 | 1,482 | $3,200 | 2026-07-15 | — | |
| apartment | 3 | 1 | 1,000 | $2,600 | 2026-07-18 | — | |
| condos | 3 | 2 | 1,522 | $3,200 | 2026-07-06 | — | |
| condos | 3 | 2 | 1,480 | $3,350 | 2026-07-06 | — | |
| condos | 3 | 2 | 1,522 | $3,250 | 2026-07-13 | — | |
| condos | 3 | 3 | 1,482 | $3,500 | 2026-03-14 | — | |
| apartment | 3 | 2 | 1,260 | $3,179 | — | — | |
| apartment | 3 | 2 | 1,260 | $3,275 | — | — | |
| apartment | 3 | 2 | 1,260 | $3,264 | — | — | |
| apartment | 3 | 2 | 1,281 | $4,194 | — | — | |
| apartment | 3 | 2 | 1,260 | $3,571 | — | — | |
| apartment | 3 | 2 | 1,281 | $4,294 | — | — | |
| apartment | 3 | 3 | 1,596 | $4,272 | — | — | |
| apartment | 3 | 2 | 1,832 | $5,718 | — | — |
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 |
|---|---|---|---|---|---|---|
| 1830 Radius Dr Apt 314 | condos | 3 | 2 | 1,480 | $422,500 | 2026-07-13 |
| 1900 Van Buren St Unit 206B | condos | 3 | 2 | 1,277 | $340,000 | 2026-02-20 |
| 1720 Harrison St Unit 17G &H | condos | 3 | 3 | 2,710 | $327,000 | 2025-12-03 |
| 1900 Van Buren St Unit 106B | condos | 3 | 2 | 1,277 | $335,000 | 2025-09-25 |
| 140 S Dixie Hwy Apt 1037 | condos | 3 | 2 | 1,522 | $385,000 | 2025-09-19 |
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 |
|---|---|---|---|---|---|---|
| 1302 S 23rd Ave | single_family | 3 | 2 | 1,580 | $450,000 | — |
| 2260 Charleston St | single_family | 3 | 2 | 1,690 | $490,000 | — |
| 2236 Raleigh St | single_family | 3 | 1 | 910 | $148,000 | — |
| 2431 Mayo St | single_family | 3 | 2 | 1,030 | $420,000 | — |
| 527 S 28th Ave | single_family | 3 | 2 | 1,570 | $5,000 | — |
| 2901 Fletcher St | single_family | 3 | 2 | 956 | $365,000 | — |
| 910 N 14th Ct | single_family | 3 | 3 | 2,433 | $749,000 | — |
| 2647 Pierce St | multi_family | 3 | 3 | 1,591 | $625,000 | — |
10-year hold projection
IRR5.5%
Equity multiple1.87x
Total return (10yr)$156,593
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $463,500 | $21,258 | -$8,424 | $356,097 | $107,403 |
| 2 | $477,405 | $21,966 | -$7,763 | $351,925 | $125,480 |
| 3 | $491,727 | $22,697 | -$7,082 | $347,468 | $144,259 |
| 4 | $506,479 | $23,452 | -$6,377 | $342,704 | $163,775 |
| 5 | $521,673 | $24,231 | -$5,650 | $337,613 | $184,060 |
| 6 | $537,324 | $25,036 | -$4,898 | $332,172 | $205,151 |
| 7 | $553,443 | $25,867 | -$4,122 | $326,358 | $227,085 |
| 8 | $570,047 | $26,724 | -$3,320 | $320,145 | $249,902 |
| 9 | $587,148 | $27,610 | -$2,491 | $313,505 | $273,643 |
| 10 | $604,762 | $28,524 | -$1,636 | $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.