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+56 photosLuxury home — 1008 N 18th Court · Hollywood Lawns · Hollywood
$613,000
1008 N 18th Court, Hollywood, FL 33020
Hollywood, FL, 33020
— bd · — ba · 1,337 sqft
Listed by Compass Florida, LLC
1008 N 18th Court, Hollywood, FL 33020
Listed by Compass Florida, LLC
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Estimated monthly payment
$4,541/mo
Income & expenses
3 units| Building totals | Monthly | Annual |
|---|---|---|
| Gross rental income | $1,500 | $18,000 |
| Operating expenses (est.) | $-385 | $-4,616 |
| Net operating income (est.) | $1,885 | $22,616 |
Expenses reflect the published net income, adjusted for post-sale taxes; the seller's itemized expenses need confirmation. Loan payments are separate.
Net Op Inc (as listed)
$21,595
Published by the listing agent
Property taxes after sale
$7,356
Florida average estimate
Seller's current taxes
$8,377
Already inside their NOI
Cap rate
3.69%
NOI $22,616/yr
The seller's Net Op Inc, corrected for the higher tax bill after the sale.
How we got there
- Net Op Inc as listed
- $21,595
- Taxes today
- $8,377
- Taxes at $613,000
- $7,356
- Extra tax to absorb
- -$-1,021
- Adjusted net
- $22,616
Cash flow with a loan
Tax-adjusted net operating income minus a 30-year loan payment at the price tested above.
Rent figures come from the listing. Taxes are estimated at the tested price, since Florida taxes reset on sale. Planning estimate only, not a quote. Actual premiums depend on roof age, wind mitigation, flood zone, claims history and the carrier. Verify all income and expenses with the seller's rent roll before writing an offer. Estimate only, not guaranteed. Verify before you buy or sell.
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $4,541/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: X · verify insurance quotes before buying.
About this home
Find similar homesPriced to sell. Hollywood triplex with in-place income and redevelopment potential, just west of Federal Highway (US-1). Three units, about 1,337 sq ft in total, on a 5,278 sq ft lot: a 2 bed/1 bath at $1,500/month, a 1 bed/1 bath at $1,590/month and a studio/1 bath at $1,200/month. Gross rents $4,290/month ($51,480/year), all month-to-month; the tenants would like to stay, knowing rents need to rise to market. Pro forma NOI about $21,595/year, with insurance estimated for a new owner (seller-reported, buyer to verify). Keep the income, bring rents to market, renovate, or live in one unit and rent the other two. Zoned ND-1 (North Downtown District). Directly across the street, a 1.4-acre Federal Highway site sold to a developer in January 2026. Buyer to verify permitted uses, density and square footage with the City of Hollywood. Moments from ArtsPark at Young Circle, Downtown Hollywood, the beach and I-95. Built in 1924 with classic Old Florida character. All appliances included. Sold as-is. A complete walkthrough video is available upon request. Showings by appointment only, after a written offer is submitted, with 24-hour notice to tenants. Please do not disturb the occupants or walk the perimeter. Some photos are digitally altered (virtual staging, possible improvements, AI concept renderings). Unaltered originals precede each one. No permits applied for.
Property Details
Your costs (est.)
≈ $4,541/mo
1008 N 18th Court, Hollywood, FL 33020 · Hollywood
Location
1008 N 18th Court, Hollywood, FL 33020
What buyers ask about this home
What are the estimated monthly carrying costs at 1008 N 18th Court, Hollywood, FL 33020?+
Property tax (after sale): $1,068/month est.; homeowners insurance: $293/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $1,360/month est. Principal and interest: $3,181/month; PMI: $0/month. Total for the payment scenario shown: $4,541/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1008 N 18th Court, Hollywood, FL 33020?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1008 N 18th Court, Hollywood, FL 33020 need flood insurance, and what drives the premium?+
Most of Hollywood sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 1008 N 18th Court, Hollywood, FL 33020?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 1008 N 18th Court, Hollywood, FL 33020?+
This listing has been on the market 20 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Hollywood, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Zone boundaries published by Broward County Public Schools.
Other options for this address
Hollywood Academy Of Arts And Science Middle School
Middle school · Charter · Grades 6–8 · Hollywood
Guidepost Montessori At Hollywood Beach
Pre-K & Kindergarten · Private · Grades PK–12 · Hollywood
Guidepost Montessori At Hollywood Beach
Pre-K & Kindergarten · Private · Grades PK–12 · Hollywood
Sheridan Hills Christian School
Pre-K & Kindergarten · Private · Christian · Grades PK–12 · Hollywood
Mati Talent Institute Private School
Pre-K & Kindergarten · Private · Grades PK–12 · Hallandale Beach
Aukela Christian Military Academy
Pre-K & Kindergarten · Private · Christian · Grades K–12 · West Park
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Simon Gedz
Realtor® since 1995
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