1850 Monroe St Apt 310
Hollywood, FL 33020 · condos · For Sale · 152 days on market
Asking price$879,000
3 beds 2 baths — sqft
Suggested offer$340,000$539,000 above the est. market value of $340,000.
View on Realtor.com →Listed by Claudine De Bolle · Keller Williams Eagle Realty
Typecondos
Built2025
Price / sqft—
Est. value (own analysis)$340,000
Rent estimate (own analysis)$3,015/mo
HOA$1,342/mo
1 / 20
Show every detail
Statusfor_sale
Listed date2026-04-03
Removed date—
MLSMiamiMLS #A11994329
Coordinates26.00759, -80.14397
Address1850 Monroe St Apt 310
CityHollywood
StateFL
Zip33020
Listing ID9045492161
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 | $879,000 |
| Down payment (20.0%) | $175,800 |
| Loan amount | $703,200 |
| Closing costs (5.0%) | $43,950 |
| Total cash to close | $219,750 |
| Income | |
| Rent (comp-derived) | $3,015$36,174 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,773$33,280 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,392$16,701 |
| Insurance (placeholder 0.8% of price) | $586$7,032 |
| HOA dues | $1,342$16,104 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $151$1,809 |
| Total operating expenses | $3,470$41,646 |
| 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) | $151$1,809 |
| 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 |
|---|---|---|---|---|---|---|---|
| condos | 3 | 2 | — | $3,029 | 2026-08-18 | — | |
| apartment | 3 | 2 | 2,000 | $2,395 | 2026-05-10 | — | |
| apartment | 3 | 1 | 1,100 | $2,080 | 2026-07-23 | — | |
| apartment | 3 | 1 | 8,823 | $2,700 | 2026-08-26 | — | |
| apartment | 3 | 2 | 2,061 | $2,300 | 2026-08-21 | — | |
| condos | 3 | 2 | 1,277 | $2,800 | 2026-08-10 | — | |
| apartment | 3 | 1 | 850 | $2,100 | 2026-07-02 | — | |
| 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 | 1 | 2,744 | $2,600 | 2026-06-22 | — | |
| 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 | — | |
| condos | 3 | 4 | 2,127 | $3,500 | — | — | |
| apartment | 3 | 2 | 1,260 | $3,179 | — | — | |
| condos | 3 | 2 | 2,000 | $2,395 | 2023-08-28 | — | |
| apartment | 3 | 1 | 845 | $2,800 | 2024-11-02 | — | |
| 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
IRR-9.5%
Equity multiple-0.62x
Total return (10yr)-$240,608
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $905,370 | -$8,366 | -$64,402 | $695,576 | $209,794 |
| 2 | $932,531 | -$8,408 | -$64,490 | $687,428 | $245,103 |
| 3 | $960,507 | -$8,447 | -$64,575 | $678,721 | $281,786 |
| 4 | $989,322 | -$8,482 | -$64,657 | $669,415 | $319,907 |
| 5 | $1,019,002 | -$8,512 | -$64,736 | $659,471 | $359,531 |
| 6 | $1,049,572 | -$8,538 | -$64,811 | $648,844 | $400,728 |
| 7 | $1,081,059 | -$8,558 | -$64,883 | $637,487 | $443,572 |
| 8 | $1,113,491 | -$8,573 | -$64,951 | $625,350 | $488,140 |
| 9 | $1,146,896 | -$8,583 | -$65,014 | $612,380 | $534,515 |
| 10 | $1,181,303 | -$8,587 | -$65,073 | $598,519 | $582,783 |
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.