1624-1630 Jackson St

Hollywood, FL 33020 · multi_family · For Sale · 56 days on market
Asking price$1,099,000
4 beds 4 baths 3,954 sqft
View on Realtor.com →
Listed by Alex Bruno, Agent · Remax 5 Star Realty
Typemulti_family
Built1957
Price / sqft$278
Est. value (own analysis)$1,365,830
Rent estimate (building total, own analysis)$10,834/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-07-08
Removed date
MLSMiamiMLS #A12050185
Coordinates26.00858, -80.13989
Address1624-1630 Jackson St
CityHollywood
StateFL
Zip33020
Listing ID6066074555
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$1,099,000
Down payment (20.0%)$219,800
Loan amount$879,200
Closing costs (5.0%)$54,950
Total cash to close$274,750
Rent (estimate)$10,834$130,008
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$130,008
Vacancy rate (assumption) assumption8.0%

$130,008 × 8.0% = $10,401

Effective gross income$9,967$119,607
Property tax (placeholder 1.9% of price)$1,740$20,881
Insurance (placeholder 0.8% of price)$733$8,792
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$542$6,500
Total operating expenses$3,014$36,173
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$119,607
Total operating expenses derived$36,173

$119,607 − $36,173 = $83,434

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$879,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$879,200 amortized at 6.7% over 30 years = $5,650/mo

CapEx reserve (5.0% of GSR)$542$6,500
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$83,434
Annual debt service derived$67,800
Annual CapEx reserve assumption$6,500
Annual PMI assumption$0

($83,434 − $67,800 − $6,500 − $0) ÷ 12 = $761

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$83,434
Purchase price data$1,099,000

$83,434 ÷ $1,099,000 = 7.6%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$9,133
Total cash to close derived$274,750

$9,133 ÷ $274,750 = 3.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$83,434
Annual debt service derived$67,800

$83,434 ÷ $67,800 = 1.23

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$130,008
Purchase price data$1,099,000

($130,008 ÷ 12) ÷ $1,099,000 = 1.0%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,099,000
Gross scheduled rent (annual) comp$130,008

$1,099,000 ÷ $130,008 = 8.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$36,173
Effective gross income derived$119,607

$36,173 ÷ $119,607 = 30.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$36,173
Annual debt service derived$67,800
Annual PMI assumption$0
Gross scheduled rent (annual) comp$130,008

($36,173 + $67,800 + $0) ÷ $130,008 = 80.0%

Comparables

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

No active rental listings cached yet for this bedroom count.

Widened to any bedroom count in ZIP. 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
1633 Tyler St # 1-2multi_family02,400$1,230,0002026-08-10
2140 Monroe Stmulti_family09,054$2,300,0002026-08-10
1936 Washington St # Nmulti_family01,940$690,0002026-08-07
1807 N 17th Ave # 1-4multi_family542,733$950,0002026-08-06
1116 S 17th Avemulti_family552,688$720,0002026-07-17
316 N 28th Avemulti_family3,266$575,0002026-07-01
1618 Harding Stmulti_family331,716$475,0002026-06-25
2242 Taylor Stmulti_family231,500$520,0002026-06-15
2030 Taylor Stmulti_family1,370$1,1502026-06-01
1400 N 17th Avemulti_family222612,752$4,362,5002026-05-29
2306 Simms St # 1-2multi_family421,500$470,0002026-05-27
2440 Hayes Stmulti_family3,450$799,0002026-05-25
2306 Simms Stmulti_family1,536$470,0002026-05-21
1956 Madison Stmulti_family1,593$568,0002026-05-12
1512 Harrison St # 1-9multi_family05,374$1,018,7002026-05-11
1929 Roosevelt St # 1-5multi_family743,237$1,650,0002026-05-07
1323 N Federal Hwymulti_family984,829$1,200,0002026-04-21
611 S 24th Avemulti_family36496$1,245,0002026-04-20
2226 Taylor Stmulti_family442,030$573,0002026-04-13
2235 Coolidge Stmulti_family221,612$585,0002026-04-08
2535 Lincoln Stmulti_family53,200$990,0002026-04-01
2463 Pierce Stmulti_family221,423$965,0002026-03-25
2459 Pierce Stmulti_family2,960$965,0002026-03-20
2516 Cleveland Stmulti_family311,517$608,0002026-03-18
2314 Polk Stmulti_family01,050$2,900,0002026-03-16
2314 Polk Stmulti_family7,632$2,900,0002026-03-12
2229-31 Farragut Stmulti_family1,320$460,0002026-03-11
2516 Cleveland Stmulti_family2,113$608,0002026-03-10
2020 Washington St Apt 1multi_family884,095$1,720,0002026-02-26
1310 N 24th Avemulti_family1,718$550,0002026-02-26
1640 McKinley Stmulti_family218,203$2,925,0002026-02-20
1640 McKinley Stmulti_family8,203$2,925,0002026-02-20
1700 Hayes Stmulti_family331,740$2,700,0002026-02-19
1018 N 17th Avemulti_family743,950$2,700,0002026-02-19
1014 N 17th Avemulti_family221,518$2,700,0002026-02-19
1828 Plunkett Stmulti_family5,017$540,0002026-02-09
1960 Rodman St # 1-10multi_family02,535$572,0002026-02-06
2100 N 14th Avemulti_family1,784$660,0002026-01-21
1909-1911 Mayo Stmulti_family1,676$590,0002026-01-20
1923 Roosevelt Stmulti_family3,733$620,0002026-01-19
1114 N 17th Ctmulti_family01,854$575,0002026-01-15
2245 Sheridan Stmulti_family01,500$505,0002026-01-01
1621 Van Buren Stmulti_family104,622$2,100,0002025-12-23
1931 Pierce St # 1-3multi_family322,850$862,5002025-12-22
1505 Washington Stmulti_family12123,692$2,265,0002025-12-19
1621 Van Buren Stmulti_family5,058$2,100,0002025-12-18
1629 Mayo St # 1-2multi_family01,351$465,0002025-12-04
2114 Roosevelt Stmulti_family01,626$500,0002025-11-06
2435 Wilson Stmulti_family1,111$485,0002025-10-28

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
2327 Freedom Stsingle_family421,352$330,000
2665 Johnson Stsingle_family432,030$979,000
2619 Arthur Stsingle_family432,708$689,000
2701 Garfield Stsingle_family421,151$564,000
425 S 15th Avesingle_family422,156$765,000
1935 Arthur Stsingle_family421,385$649,000
1443 Funston Stsingle_family442,767$2,995,000
1928 Adams Stmulti_family421,755$550,000

10-year hold projection

IRR13.7%
Equity multiple3.11x
Total return (10yr)$723,917
YearProperty valueNOICash flowLoan balanceEquity
1$1,131,970$83,434$9,133$869,667$262,303
2$1,165,929$86,117$11,655$859,480$306,449
3$1,200,907$88,886$14,257$848,594$352,313
4$1,236,934$91,743$16,943$836,959$399,975
5$1,274,042$94,690$19,715$824,526$449,516
6$1,312,263$97,730$22,576$811,239$501,024
7$1,351,631$100,867$25,529$797,040$554,592
8$1,392,180$104,103$28,576$781,865$610,315
9$1,433,946$107,441$31,721$765,648$668,297
10$1,476,964$110,884$34,966$748,318$728,646
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.