1 / 15356 Balboa Street, Hollywood FL 33019
Hollywood, FL
List Price
$2,899,000
Type
Duplex
Price / SqFt
$1,922/sqft
Price reduction
Distressed / value-add opportunity
Occupancy
tenant
From the listing
Great opportunity for investors and developers in the North Beach area of Hollywood. This corner lot property is 3 lots owned by one owner. (8,941 square feet). Just yards away from the Ocean and the Intracoastal and ready for development. May keep together or subdivide. Currently holds a 1,508 square foot duplex built in 1953 and rented on a month to month basis. The property is zoned for residential/multifamily so build a luxury dream home or multi family to rent or sell. City told owner it is approved to build for 4 units, may be potential for 6. Buyer must verify with City.
Property Information
- Square Feet
- 1,508
- Units
- 2
- Days on Market
- 564
- Status
- active
Location
- County
- Broward County
- Zip Code
- 33019
- Coordinates
- 26.0512, -80.1141
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
- Multifamily with 2 units
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
52/100
Fair
is scored →
No comp-based ARV yet for this listing — equity scored neutral.
0.0% off original list (full marks at 25%+).
564 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. Factors marked “assumed” were missing from the feed and scored neutral.
Deal scorecard
How four stakeholders read this deal
Risks
- Equity not yet estimated — no comps available for ARV
- Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost
- 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…
- Equity not yet estimated — no comps available for ARV
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. Not a f…
What an insurer sees
Insurance / 4-point
insurability v1. Broward is entirely within the HVHZ (High-Velocity Hurricane Zone) — r…
- Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost
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
356 Balboa Street, Hollywood FL 33019, Hollywood, FL
No closed comps matched yet — ARV below is a starting estimate. Verify.
Recommended max offer
$1,977,300
Room vs list (above list)
$921,700
Est. equity
-$402,480
-14% of ARV, at list
ROC at list
-12%
Est. all-in at list
$3,301,480
list + rehab + txn + carry
70% rule MAO
$1,977,300
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.