1 / 272018 Fletcher St, Hollywood FL 33020
Hollywood, FL
List Price
$995,000
Type
Single Family
Bedrooms
2
Bathrooms
1
Price / SqFt
$783/sqft
Price reduction
Distressed / value-add opportunity
Est. equity
-111%
Comp ARV
$559,000
Max offer
$280,878
From the listing
Excellent INVESTMENT and/or an AMAZING DEVELOPMENT OPPORTUNITY awaits the perfect vision. In the beautifully tree-lined streets of Parkside is the gem of Hollywood. Conveniently in the heartbeat of it all, with a smattering of single-family homes of assorted architectural styles and a lovely mix of multiplexes and small boutique style buildings. This property can be developed up to 14-stories. Currently, a Mid-Century modern 2-Bed/1-Bath Pool home w/ lush landscaping, easily converts to a 3-Bed/2-Bath adding wall & turning the laundry rm into a bath -making a Primary Suite. Setbacks only 10-ft from the front and back. A must see for both investor & home owner alike, endless ROI potential. Walking distance to restaurants, nightlife, bars, cafes, and the Arts & Entertainment district
Property Information
- Square Feet
- 1,270
- Units
- 1
- Days on Market
- 1121
- Status
- active
Location
- County
- Broward County
- Zip Code
- 33020
- Coordinates
- 25.9972, -80.1473
Represented by Academia
Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.
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Why this deal
- 0% off original list price
- Value-add opportunity
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
32/100
Thin
is scored →
~-111% estimated equity to comp-based ARV (full marks at 30%+). Estimate — verify comps + rehab.
0.0% off original list (full marks at 25%+).
1121 days on market (full marks at 120+ — more time = more leverage).
Soft motivation language (value-add, motivated, tenant-occupied, cash-only).
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice.
Deal scorecard
How four stakeholders read this deal
Strengths
- Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated
Risks
- Negative estimated equity — buying above estimated ARV, verify comps
- Roof age ~74 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
- Permit history limited outside Fort Lauderdale in Broward — verify open permits with the AHJ
What a super-investor sees
Investor
Investor equity estimate based on ARV from closed MLS comps minus list price and estima…
- Negative estimated equity — buying above estimated ARV, verify comps
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. Not a f…
- conventional financing unlikely; cash or hard-money only
- thin equity — lender-unfriendly LTV (≈ 178% of ARV)
What an insurer sees
Insurance / 4-point
insurability v1. Broward is entirely within the HVHZ (High-Velocity Hurricane Zone) — r…
- Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated
- Roof age ~74 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
What a GC / AHJ sees
Permits / condition
Permit data from Broward permit records (Fort Lauderdale coverage; other cities limited…
- Permit history limited outside Fort Lauderdale in Broward — verify open permits with the AHJ
4-point — last permit
- Roofnone
- Electricalnone
- Plumbingnone
- HVACnone
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-07-24. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
2018 Fletcher St, Hollywood FL 33020, Hollywood, FL
Comp-based ARV — 8 closed comp(s), high confidence.
Recommended max offer
$280,878
Room vs list (above list)
$714,122
Est. equity
-$620,955
-111% of ARV, at list
ROC at list
-53%
Est. all-in at list
$1,179,955
list + rehab + txn + carry
70% rule MAO
$299,800
Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.
The comps behind the ARV
$559,000 after-repair value
5 recent closed sales nearby · high confidence · range $552,000–$685,000
| Closed sale | Close $ | $/sqft | Date |
|---|---|---|---|
| 1627 Moffett St, Hollywood FL 33020renovated0.5 mi | $595,000 | $471 | 2026-06-23 |
| 1302 S 22nd Ct, Hollywood FL 33020renovated0.4 mi | $510,000 | $440 | 2026-03-10 |
| 2403 Rodman St, Hollywood FL 33020renovated0.5 mi | $755,000 | $539 | 2026-04-24 |
| 1517 Moffett St, Hollywood FL 330200.6 mi | $585,000 | $420 | 2026-05-28 |
| 2238 Rodman St, Hollywood FL 33020renovated0.4 mi | $505,000 | $348 | 2026-02-27 |
Comparable data, not an appraisal. ARV is the median closed $/sqft of these comps applied to this home's size. Verify condition, location, and adjustments independently.