2020 Washington St Unit 1-8 Hollywood, FL 33020
Parkside NeighborhoodEstimated payment $12,745/month
Highlights
- Water Views
- Central Heating and Cooling System
- Fenced
About This Home
Turnkey 8-Unit Investment in Prime Hollywood Beach Location. This fully upgraded property features eight 1-bedroom, 1-bathroom units, each thoughtfully renovated with new kitchens, stainless steel appliances, modern bathrooms, updated plumbing, impact windows, new central A/C systems, and stylish flooring throughout. No deferred maintenance just move in and start generating income. 4 units are newly furnished and leased to annual tenants, providing stable cash flow. The remaining four are operating as active Airbnb/short-term rentals, offering high returns and consistent occupancy. The building is fully furnished, making this a true turnkey opportunity for both short and long term rental strategies. Double lot presents significant value add potential, room to build additional units on lot
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,320
Year Built
- Built in 1950
Lot Details
- 0.26 Acre Lot
- Fenced
Interior Spaces
- 4,112 Sq Ft Home
- 2-Story Property
- Water Views
Utilities
- Central Heating and Cooling System
Community Details
- 4 Units
- Hollywood South Side Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 514222100680
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/03/2025 08/03/25 | Price Changed | $2,049,000 | -2.4% | $498 / Sq Ft |
| 07/14/2025 07/14/25 | Price Changed | $2,099,000 | -4.5% | $510 / Sq Ft |
| 06/23/2025 06/23/25 | Price Changed | $2,199,000 | -4.3% | $535 / Sq Ft |
| 05/21/2025 05/21/25 | Price Changed | $2,299,000 | -4.2% | $559 / Sq Ft |
| 04/08/2025 04/08/25 | For Sale | $2,399,000 | -- | $583 / Sq Ft |
Source: BeachesMLS
MLS Number: R11079513
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