1 / 362530 Washington St, Hollywood FL 33020
Hollywood, FL
List Price
$400,000
Type
Single Family
Bedrooms
3
Bathrooms
2
Price / SqFt
$385/sqft
Price reduction
13% below original list — was $460,000
Est. equity
-27%
Comp ARV
$383,000
Max offer
$234,557
From the listing
Unique investment opportunity! This versatile property features a split layout, perfect for both living and rental income. The main side offers 2 comfortable bedrooms, 1 full bathroom, a living room, dining area, and functional kitchen. Additionally, there's an independent efficiency with 1 bedroom, private bathroom, and separate entrance — ideal for short- or long-term rental. The property includes front parking and a spacious backyard with mature fruit trees, including two avocado trees and one guava tree — perfect for enjoying the outdoors. Don’t miss this excellent opportunity!
Property Information
- Square Feet
- 1,040
- Units
- 1
- Days on Market
- 375
- Status
- active
Location
- County
- Broward County
- Zip Code
- 33020
- Coordinates
- 26.0035, -80.1573
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
- 13% off original list price
- Value-add opportunity
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
34/100
Thin
is scored →
~-27% estimated equity to comp-based ARV (full marks at 30%+). Estimate — verify comps + rehab.
13.0% off original list (full marks at 25%+).
375 days on market (full marks at 120+ — more time = more leverage).
No explicit distress language in the public remarks.
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 ~72 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…
- thin equity — lender-unfriendly LTV (≈ 104% 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 ~72 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
2530 Washington St, Hollywood FL 33020, Hollywood, FL
Comp-based ARV — 8 closed comp(s), medium confidence.
Recommended max offer
$232,100
Room vs list (above list)
$167,900
Est. equity
-$101,610
-27% of ARV, at list
ROC at list
-21%
Est. all-in at list
$484,610
list + rehab + txn + carry
70% rule MAO
$232,100
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
$383,000 after-repair value
5 recent closed sales nearby · medium confidence · range $366,000–$430,000
| Closed sale | Close $ | $/sqft | Date |
|---|---|---|---|
| 2462 Washington St, Hollywood FL 33020renovated0.0 mi | $425,000 | $368 | 2026-05-06 |
| 2711 Adams St, Hollywood FL 330200.3 mi | $440,000 | $417 | 2026-07-22 |
| 1215 S 24th Ave, Hollywood FL 330200.3 mi | $460,000 | $421 | 2026-06-09 |
| 2503 Wiley Street, Hollywood FL 33020renovated0.3 mi | $427,000 | $352 | 2026-06-17 |
| 2439 Rodman St, Hollywood FL 330200.2 mi | $460,000 | $457 | 2026-04-23 |
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.