1220 S 29th Ave
Hollywood, FL 33020 · single_family · For Sale · 91 days on market
Asking price$747,777
5 beds 5 baths 1,788 sqft
Suggested offer$744,609$3,168 above the est. market value of $744,609.
View on Realtor.com →Listed by JULIO VERAS · Florida Finest Homes Rlty Inc
Typesingle_family
Built1946
Price / sqft$418
Est. value (own analysis)$744,609
Rent estimate (own analysis)$7,999/mo
HOANone
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Statusfor_sale
Listed date2026-06-03
Removed date—
MLSMiamiMLS #A12029152
Coordinates25.99995, -80.16546
Address1220 S 29th Ave
CityHollywood
StateFL
Zip33020
Listing ID6986994167
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 | $747,777 |
| Down payment (20.0%) | $149,555 |
| Loan amount | $598,222 |
| Closing costs (5.0%) | $37,389 |
| Total cash to close | $186,944 |
| Income | |
| Rent (comp-derived) | $7,999$95,988 |
| Vacancy loss (8.0%) | |
| Effective gross income | $7,359$88,309 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,184$14,208 |
| Insurance (placeholder 0.8% of price) | $499$5,982 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $400$4,799 |
| Total operating expenses | $2,082$24,989 |
| 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) | $400$4,799 |
| 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 | 5 | 3 | 2,267 | $6,600 | 2026-05-30 | — | |
| single_family | 5 | 2 | 1,750 | $8,950 | 2025-12-02 | — | |
| single_family | 5 | 3 | 1,825 | $7,999 | 2025-05-16 | — |
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 |
|---|---|---|---|---|---|---|
| 1426 Coolidge St | single_family | 5 | 3 | 1,759 | $740,000 | 2026-06-16 |
| 1600 Van Buren St | single_family | 5 | 3 | 2,818 | $700,000 | 2026-03-30 |
| 1421 Tyler St | single_family | 5 | 4 | 5,715 | $2,380,000 | 2026-01-30 |
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 | — |
| 1110 S 29th Ave | multi_family | 5 | 4 | 2,128 | $725,000 | — |
10-year hold projection
IRR16.4%
Equity multiple3.49x
Total return (10yr)$563,535
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $770,210 | $63,320 | $12,388 | $591,736 | $178,475 |
| 2 | $793,317 | $65,344 | $14,293 | $584,804 | $208,512 |
| 3 | $817,116 | $67,433 | $16,258 | $577,397 | $239,719 |
| 4 | $841,630 | $69,587 | $18,286 | $569,481 | $272,149 |
| 5 | $866,878 | $71,809 | $20,379 | $561,021 | $305,858 |
| 6 | $892,885 | $74,101 | $22,539 | $551,980 | $340,904 |
| 7 | $919,671 | $76,466 | $24,768 | $542,319 | $377,352 |
| 8 | $947,262 | $78,904 | $27,067 | $531,994 | $415,268 |
| 9 | $975,679 | $81,420 | $29,440 | $520,960 | $454,719 |
| 10 | $1,004,950 | $84,015 | $31,889 | $509,168 | $495,781 |
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.