1110 S 29th Ave
Hollywood, FL 33020 · multi_family · For Sale · 175 days on market
Asking price$725,000
5 beds 4 baths 2,128 sqft
Suggested offer$614,183$110,817 above the est. market value of $614,183.
View on Realtor.com →Listed by Olwitche Blaise · Beachfront Realty Inc.
Typemulti_family
Built1973
Price / sqft$341
Est. value (own analysis)$614,183
Rent estimate (building total, own analysis)$5,831/mo
HOANone
1 / 20
Show every detail
Statusfor_sale
Listed date2026-03-11
Removed date—
MLSBeachesMLS #F10490715
Coordinates26.00113, -80.16556
Address1110 S 29th Ave
CityHollywood
StateFL
Zip33020
Listing ID6189763859
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 | $725,000 |
| Down payment (20.0%) | $145,000 |
| Loan amount | $580,000 |
| Closing costs (5.0%) | $36,250 |
| Total cash to close | $181,250 |
| Income | |
| Rent (estimate) | $5,831$69,969 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,364$64,371 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,148$13,775 |
| Insurance (placeholder 0.8% of price) | $483$5,800 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $292$3,498 |
| Total operating expenses | $1,923$23,073 |
| 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) | $292$3,498 |
| 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.
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 2419-2421 Johnson St Units 2419 & 2421 | multi_family | 5 | 4 | 2,287 | $590,000 | 2026-08-19 |
| 1807 N 17th Ave # 1-4 | multi_family | 5 | 4 | 2,733 | $950,000 | 2026-08-06 |
| 1116 S 17th Ave | multi_family | 5 | 5 | 2,688 | $720,000 | 2026-07-17 |
| 2535 Lincoln St | multi_family | 5 | — | 3,200 | $990,000 | 2026-04-01 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 2703 Adams St | single_family | 5 | 3 | 2,856 | $859,000 | — |
| 2827 Arthur St | single_family | 5 | 3 | 2,242 | $869,000 | — |
| 2546 Coolidge St | multi_family | 5 | 3 | 2,063 | $450,000 | — |
| 1515 Dewey St | single_family | 5 | 3 | — | $949,000 | — |
| 1704 Rodman St | single_family | 5 | 4 | 4,753 | $1,099,000 | — |
| 2844 Funston St | single_family | 5 | 2 | 2,193 | $599,900 | — |
| 2513 Lincoln St | single_family | 5 | 5 | 4,544 | $890,000 | — |
| 1220 S 29th Ave | single_family | 5 | 5 | 1,788 | $747,777 | — |
10-year hold projection
IRR8.2%
Equity multiple2.29x
Total return (10yr)$328,661
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $746,750 | $41,298 | -$6,928 | $573,711 | $173,039 |
| 2 | $769,153 | $42,652 | -$5,661 | $566,991 | $202,161 |
| 3 | $792,227 | $44,050 | -$4,353 | $559,809 | $232,418 |
| 4 | $815,994 | $45,493 | -$3,002 | $552,134 | $263,860 |
| 5 | $840,474 | $46,982 | -$1,607 | $543,932 | $296,542 |
| 6 | $865,688 | $48,518 | -$167 | $535,167 | $330,521 |
| 7 | $891,659 | $50,104 | $1,320 | $525,799 | $365,859 |
| 8 | $918,408 | $51,741 | $2,856 | $515,789 | $402,619 |
| 9 | $945,961 | $53,431 | $4,441 | $505,091 | $440,870 |
| 10 | $974,339 | $55,174 | $6,078 | $493,658 | $480,681 |
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.