1 / 8
+3 photosLuxury home — 2020 Washington Street · Hollywood South Side Add · Hollywood
$2,490,000
2020 Washington Street, Hollywood, FL 33020
Hollywood, FL, 33020
— bd · — ba · 4,112 sqft
Listed by Direct Realty Solutions
2020 Washington Street, Hollywood, FL 33020
Listed by Direct Realty Solutions
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
0 of 6 homes in your tour
Estimated monthly payment
$18,063/mo
Income & expenses
10 unitsIncome 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 $18,063/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 homesRare Hollywood investment opportunity combining immediate income with exciting long-term potential. The property features 10 income-producing units generating steady monthly income on an 11,168 SF double lot. Investors can benefit from the existing cash flow while exploring the property’s redevelopment potential. Based on current zoning and applicable development regulations, the site may offer the opportunity for a higher-density residential project, potentially up to 40 units or more. An excellent opportunity for investors looking to combine current income with future growth in a desirable Hollywood location. Development potential is subject to applicable zoning, city requirements, and approvals.
Property Details
Your costs (est.)
≈ $18,063/mo
2020 Washington Street, Hollywood, FL 33020 · Hollywood
Location
2020 Washington Street, Hollywood, FL 33020
What buyers ask about this home
What are the estimated monthly carrying costs at 2020 Washington Street, Hollywood, FL 33020?+
Property tax (after sale): $4,337/month est.; homeowners insurance: $807/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $5,143/month est. Principal and interest: $12,920/month; PMI: $0/month. Total for the payment scenario shown: $18,063/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 2020 Washington Street, 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 2020 Washington Street, 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 2020 Washington Street, 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 2020 Washington Street, Hollywood, FL 33020?+
This listing has been on the market 55 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
Interested in this property?
$2,490,000 · MLS A12092378
$2,490,000
2020 Washington Street
2432 Wiley Court, Hollywood, FL 33020
Listed by Keller Williams Elite Properties
BELMAR AMENDED
2 bd · 2 ba · 1,191 sq ft
$425,000
View details
1305 Funston Street, Hollywood, FL 33019
Listed by Joshua Realty Services, LLC.
SUNNY ACRES
4 bd · 3 ba · 1,767 sq ft
$999,000
View details
2604 Mayo Street, Hollywood, FL 33020
Listed by Florida Sunshine Realty, LLC
SUNSHINE MANOR NO 2
3 bd · 2 ba · 1,212 sq ft
$630,000
View details
2828 Rodman Street, Hollywood, FL 33020
Listed by United Realty Group Inc
SOUTH HOLLYWOOD AMD PLAT
3 bd · 3 ba · 1,857 sq ft
$740,000
View details
1945 Johnson Street, Hollywood, FL 33020
Listed by Beycome of Florida LLC
NORTH HOLLYWOOD 4-1 B
3 bd · 2 ba · 1,306 sq ft
$499,000
View details
537 S 29th Court, Hollywood, FL 33020
Listed by Atlantic Realty & Inv. Corp.
CORONET PARK
3 bd · 2 ba · 1,322 sq ft
$564,000
View details