About this home
Prime 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 adds to its long-term investment appeal. Financial summary attached.
Listing last checked: Listing updated:
Listed by Stephen D Harper · JFA Realty Co · MLS #B26072815
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Details at a glance
Interior3 property facts
- Heating
- Electric
- Cooling
- Ceiling Fan(s), Electric
- Flooring
- Ceramic Tile, Wood
Building4 property facts
- Style
- Triplex
- Year built
- 1952
- Parking
- 2
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.1 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- PS-1
Financial2 property facts
- Annual taxes
- $10,587
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $764,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,745 / monthAdjust
- Principal & interest
- $3,863
- Property tax
- $882
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $10,587. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Ter
$790,000 · Jul 31, 2026
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About 1220 S 20TH Avenue
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