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+14 photosLuxury home — 6720 Coolidge Street · Driftwood Acres · Hollywood
$740,000
6720 Coolidge Street, Hollywood, FL 33024
Hollywood, FL, 33024
— bd · 0 ba · 1,908 sqft
Listed by American Homes Real Estate Inmbiliaria LLC
6720 Coolidge Street, Hollywood, FL 33024
Listed by American Homes Real Estate Inmbiliaria LLC
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Estimated monthly payment
$5,081/mo
Income & expenses
2 units| Building totals | Monthly | Annual |
|---|---|---|
| Gross rental income | $4,500 | $54,000 |
| Operating expenses (est.) | $1,498 | $17,980 |
| Net operating income (est.) | $3,002 | $36,020 |
Expenses include estimated taxes, insurance, HOA and the 10% vacancy, repairs and management allowance. Loan payments are separate.
Yearly rent
$54,000
Property taxes after sale
$8,880
Florida average estimate
Insurance estimate
$3,700
South Florida average insurance estimate
Cap rate — optimistic
5.60%
NOI $41,420/yr
Rent minus taxes, insurance and HOA.
Cap rate — conservative
4.87%
NOI $36,020/yr
Also minus 10% for vacancy, repairs and management.
Cash flow with a loan
Conservative 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 $5,081/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 homesExceptional opportunity to own a fully remodeled legal duplex in one of Hollywood's most desirable neighborhoods! Perfect for investors or owner-occupants. Features impact windows throughout, a new roof (2023), updated central A/C, plumbing improvements, modern kitchens with quartz countertops, remodeled bathrooms, porcelain tile flooring, separate laundry areas, and independent electric meters. Spacious lot with ample parking and a large backyard. A recent professional appraisal estimates rental income potential of approximately $4,500 per month, making this an outstanding income-producing opportunity. Prime location near Florida's Turnpike, I-95, Hard Rock Hotel & Casino, Fort Lauderdale Airport, shopping, dining, schools, parks, and beautiful South Florida beaches. Schedule your private Turnkey legal duplex offering exceptional income potential. Recent professional appraisal estimates market rents of approximately $4,400/month. Features impact windows, new roof (2023), updated A/C systems, plumbing improvements, separate electric meters, and private laundry for each unit. Excellent opportunity for investors or owner-occupants. Easy to show by appointment. Please do not disturb occupants.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
130 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
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Your costs (est.)
≈ $5,081/mo
6720 Coolidge Street, Hollywood, FL 33024 · Hollywood
Location
6720 Coolidge Street, Hollywood, FL 33024
What buyers ask about this home
What are the estimated monthly carrying costs at 6720 Coolidge Street, Hollywood, FL 33024?+
Property tax (after sale): $941/month est.; homeowners insurance: $300/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $1,242/month est. Principal and interest: $3,840/month; PMI: $0/month. Total for the payment scenario shown: $5,081/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 6720 Coolidge Street, Hollywood, FL 33024?+
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 6720 Coolidge Street, Hollywood, FL 33024 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 6720 Coolidge Street, Hollywood, FL 33024?+
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 6720 Coolidge Street, Hollywood, FL 33024?+
This listing has been on the market 130 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
Sheridan Park Elementary School
Elementary · 0.5 mi from this home · 2310 N 70Th Ter, Hollywood
Zone boundaries published by Broward County Public Schools.
Other options for this address
Championship Academy Of Distinction Middle School
Middle school · Charter · Grades 6–8 · Hollywood
David Posnack Jewish Day School
Pre-K & Kindergarten · Private · Jewish · Grades PK–12 · Davie
Sheridan Hills Christian School
Pre-K & Kindergarten · Private · Christian · Grades PK–12 · Hollywood
Love Outreach Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades 4–12 · Miramar
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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