2534 Monroe St
Hollywood, FL 33020 · single_family · For Sale · 222 days on market
Asking price$1,049,999
3 beds 2 baths 2,700 sqft
Suggested offer$999,081$50,918 above the est. market value of $999,081.
View on Realtor.com →Listed by Rogelio Lucas · Stratwell
Typesingle_family
Built1970
Price / sqft$389
Est. value (own analysis)$999,081
Rent estimate (own analysis)$3,653/mo
HOANone
1 / 40
Show every detail
Statusfor_sale
Listed date2026-01-23
Removed date—
MLSMiamiMLS #A11951149
Coordinates26.00707, -80.15821
Address2534 Monroe St
CityHollywood
StateFL
Zip33020
Listing ID6074984756
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 | $1,049,999 |
| Down payment (20.0%) | $210,000 |
| Loan amount | $839,999 |
| Closing costs (5.0%) | $52,500 |
| Total cash to close | $262,500 |
| Income | |
| Rent (comp-derived) | $3,653$43,830 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,360$40,324 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,663$19,950 |
| Insurance (placeholder 0.8% of price) | $700$8,400 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $183$2,192 |
| Total operating expenses | $2,545$30,541 |
| 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) | $183$2,192 |
| 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 | 3 | 2 | 1,935 | $4,005 | 2026-08-21 | — | |
| single_family | 3 | 2 | 2,219 | $5,000 | 2026-08-06 | — | |
| single_family | 3 | 1 | 1,950 | $2,450 | 2026-08-05 | — | |
| single_family | 3 | 2 | 1,836 | $3,300 | — | — | |
| single_family | 3 | 2 | 1,930 | $3,000 | — | — | |
| single_family | 3 | 3 | 2,781 | $8,000 | — | — |
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 |
|---|---|---|---|---|---|---|
| 1550 Tyler St | single_family | 3 | 2 | 2,351 | $1,025,000 | 2026-08-31 |
| 2730 Sherman St | single_family | 3 | 2 | 1,620 | $738,000 | 2026-08-26 |
| 2611 Rodman St | single_family | 3 | 2 | — | $456,000 | 2026-08-21 |
| 2104 N 14th Ct | single_family | 3 | 2 | 1,816 | $482,500 | 2026-08-20 |
| 1459 Jefferson St | single_family | 3 | 3 | 2,221 | $1,150,000 | 2026-08-17 |
| 1435 Johnson St | single_family | 3 | 2 | 1,844 | $610,000 | 2026-08-17 |
| 1000 N 17th Ave | single_family | 3 | 2 | 1,106 | $540,000 | 2026-08-10 |
| 2747 Dewey St | single_family | 3 | 1 | 1,284 | $497,000 | 2026-07-28 |
| 2209 N 15th Ave | single_family | 3 | 2 | 1,449 | $495,000 | 2026-07-28 |
| 2060 N 26th Ave | single_family | 3 | 2 | 1,418 | $565,000 | 2026-07-27 |
| 1611 Madison St | single_family | 3 | 2 | 1,244 | $675,000 | 2026-07-23 |
| 2543 Liberty St | single_family | 3 | 2 | 1,615 | $470,000 | 2026-07-23 |
| 2503 Scott St | single_family | 3 | 1 | 963 | $397,000 | 2026-07-22 |
| 2711 Adams St | single_family | 3 | 2 | 1,054 | $440,000 | 2026-07-22 |
| 2924 Dewey St | single_family | 3 | 2 | 2,056 | $350,000 | 2026-07-17 |
| 1010 N 16th Ave | single_family | 3 | 2 | 1,493 | $566,500 | 2026-07-15 |
| 1425 S 24th Ave | single_family | 3 | 2 | 1,486 | $295,700 | 2026-07-14 |
| 1224 N 26th Ave | single_family | 3 | 2 | 1,407 | $427,000 | 2026-07-06 |
| 2716 Polk St | single_family | 3 | 2 | 1,736 | $499,000 | 2026-07-02 |
| 1551 Tyler St | single_family | 3 | 2 | 1,680 | $535,000 | 2026-06-30 |
| 1612 Funston St | single_family | 3 | 2 | 1,927 | $690,100 | 2026-06-26 |
| 2511 McKinley St | single_family | 3 | 2 | 1,132 | $370,000 | 2026-06-23 |
| 2729 Harding St | single_family | 3 | 3 | 1,528 | $648,000 | 2026-06-19 |
| 1550 N Trafalgar Cir | single_family | 3 | 3 | 1,399 | $475,000 | 2026-06-18 |
| 2503 Wiley St | single_family | 3 | 2 | 1,212 | $427,000 | 2026-06-17 |
| 2827 McKinley St | single_family | 3 | 2 | 1,387 | $730,000 | 2026-06-17 |
| 2307 Wilson St | single_family | 3 | 2 | 1,324 | $425,000 | 2026-06-17 |
| 2704 Cleveland St | single_family | 3 | 2 | 1,725 | $710,000 | 2026-06-12 |
| 1540 Fletcher St | single_family | 3 | 2 | 1,729 | $560,000 | 2026-06-11 |
| 815 S 26th Ct | single_family | 3 | 2 | 1,752 | $380,350 | 2026-06-09 |
| 1215 S 24th Ave | single_family | 3 | 1 | 1,092 | $460,000 | 2026-06-09 |
| 2336 Hope St | single_family | 3 | 2 | — | $438,000 | 2026-06-08 |
| 2447 Wilson St | single_family | 3 | 2 | 1,126 | $485,000 | 2026-06-05 |
| 1015 S 14th Ave | single_family | 3 | 4 | 2,186 | $1,100,000 | 2026-06-03 |
| 2530 McKinley St | single_family | 3 | 2 | 1,365 | $447,000 | 2026-06-01 |
| 1609 S 23rd Ave | single_family | 3 | 2 | 1,355 | $400,000 | 2026-06-01 |
| 1212 S 26th Ave | single_family | 3 | 2 | 1,736 | $440,000 | 2026-06-01 |
| 1609 S 25th Ave | single_family | 3 | 2 | 867 | $375,000 | 2026-05-29 |
| 1438 Fletcher St | single_family | 3 | 3 | 1,928 | $630,000 | 2026-05-28 |
| 1517 Moffett St | single_family | 3 | 2 | 1,392 | $585,000 | 2026-05-28 |
| 906 S 26th Ave | single_family | 3 | 2 | 1,285 | $510,000 | 2026-05-21 |
| 805 N 29th Ave | single_family | 3 | 1 | 1,235 | $365,000 | 2026-05-14 |
| 2241 Hope St | single_family | 3 | 2 | 1,290 | $525,000 | 2026-05-14 |
| 2856 N Funston St | single_family | 3 | 2 | 1,482 | $515,000 | 2026-05-13 |
| 1919 Sherman St | single_family | 3 | 2 | 1,975 | $597,200 | 2026-05-12 |
| 2447 McKinley St | single_family | 3 | 2 | 1,075 | $400,000 | 2026-05-12 |
| 1628 Arthur St | single_family | 3 | 2 | 1,178 | $599,800 | 2026-05-11 |
| 1547 Harrison St | single_family | 3 | 2 | 1,270 | $515,000 | 2026-05-08 |
| 2542 Coolidge St | single_family | 3 | 2 | 980 | $430,000 | 2026-05-06 |
| 2462 Washington St | single_family | 3 | 2 | 1,155 | $425,000 | 2026-05-06 |
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
IRR-4.6%
Equity multiple0.23x
Total return (10yr)-$66,065
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,081,499 | $9,782 | -$57,186 | $830,892 | $250,607 |
| 2 | $1,113,944 | $10,228 | -$56,795 | $821,159 | $292,785 |
| 3 | $1,147,362 | $10,692 | -$56,387 | $810,758 | $336,605 |
| 4 | $1,181,783 | $11,173 | -$55,964 | $799,642 | $382,141 |
| 5 | $1,217,237 | $11,673 | -$55,523 | $787,763 | $429,473 |
| 6 | $1,253,754 | $12,191 | -$55,065 | $775,069 | $478,685 |
| 7 | $1,291,366 | $12,730 | -$54,588 | $761,503 | $529,864 |
| 8 | $1,330,107 | $13,289 | -$54,093 | $747,005 | $583,103 |
| 9 | $1,370,011 | $13,869 | -$53,578 | $731,511 | $638,499 |
| 10 | $1,411,111 | $14,471 | -$53,043 | $714,954 | $696,157 |
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.