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+8 photosLuxury home — 1220 S 20TH Avenue · Hollywood South Side Add · Hollywood
$751,000
1220 S 20TH Avenue, Hollywood, FL 33020
Hollywood, FL, 33020
— bd · 0 ba · 1,476 sqft
Listed by JFA Realty Co
1220 S 20TH Avenue, Hollywood, FL 33020
Listed by JFA Realty Co
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Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
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Estimated monthly payment
$5,525/mo
Income & expenses
Income and operating expenses: Not provided — Ask Simon for the seller's rent roll and operating statement. No return calculation available.
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 $5,525/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 homesPrime Hollywood investment opportunity with redevelopment potential! Located minutes from Downtown Hollywood, this multifamily property offers investors and developers the opportunity to acquire an income-producing asset in a highly desirable South Florida location. The property currently features three residential units, providing existing rental-income potential while an investor evaluates future redevelopment possibilities. The property also features added income, with a coin laundry center. All units are separately metered for electricity and is located a beautiful tree lined street. Located near Downtown Hollywood, major transportation, shopping, dining, entertainment, Fort Lauderdale-Hollywood International Airport, and Hollywood Beach, located in an opportunity zone. Financial summary attached.
Property Details
Dogs
Welcome per listing rules
Cats
Welcome per listing rules
Your costs (est.)
≈ $5,525/mo
1220 S 20TH Avenue, Hollywood, FL 33020 · Hollywood
Location
1220 S 20TH Avenue, Hollywood, FL 33020
What buyers ask about this home
What are the estimated monthly carrying costs at 1220 S 20TH Avenue, Hollywood, FL 33020?+
Property tax (after sale): $1,308/month est.; homeowners insurance: $321/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $1,629/month est. Principal and interest: $3,897/month; PMI: $0/month. Total for the payment scenario shown: $5,525/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 1220 S 20TH Avenue, 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 1220 S 20TH Avenue, 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 1220 S 20TH Avenue, 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 1220 S 20TH Avenue, Hollywood, FL 33020?+
This listing has been on the market 67 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
Championship Academy Of Distinction 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
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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