1943 Monroe St Unit 306A · Hollywood, FL 33020

$144,999

1 bd · 1.0 ba · 650 sqft · Condo public records · 54 Days on market

Built 1966 $345/mo HOA · 16% of rent

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +22.1/30.0
• 1% rule +9.8/10.0
• ARV discount +7.5/15.0
• DSCR +7.1/10.0
• Schools +4.1/10.0
• Livability +3.8/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

FANTASTIC LOCATION IN HISTORIC DOWNTOWN HOLLYWOOD!! *** This beautiful 3RD floor unit is just down the street from the shops and restaurants surrounding Arts Park and is only few miumites to the Beach and Famous Hollywood Broad walk! *** The proximity to FLL, MIA, all major highways, railways and the Ocean makes this condo VERY Desirable! Some special features are screened Front Patio, , Huge Bedroom and Tons of Closet Space! *** The A/C unit is few years years old *** All ages are welcome *** Extra storage unit included

Key facts

• $345 HOA
• Garage
• Built 1966

Property features AI

Finance

• Financial info: Pets not allowed or subject to restrictions
• HOA & community: Quarterly association fee; Association fee covers structure maintenance and parking; Building has elevator(s)

Exterior

• Parking: Underground parking; Open parking space; 1 covered space; 1 garage space
• Home design: 3-story building; Entry on level 3; Resale unit; Block construction
• Construction: Block construction
• Exterior features: Fence

Interior

• Kitchen: Microwave; Refrigerator
• Bedrooms: Primary bedroom on main level; Bedroom on main level
• Flooring: Ceramic tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: First-floor entry; Elevator access; Handicap accessible

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $145k.

Deal economics

• At list price, monthly cash flow is $234 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $141k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.2% vs local median 3.2% in Hollywood — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 76/100 on livability (#232 in FL, #3,548 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, crime B+; Watch: amenities D.
• Broward (suburban): math 42% / reading 53% proficiency, ranked #46 of 73 in FL (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents flat; 589 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
• At $2,142/mo this rent would consume 46% of the median local household income ($56k/yr) (locally 3948% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Broward County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 54 days — a 3% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 4y ago; this cycle's ask has dropped $20k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $140,649 (3.0% below list)

Questions for the listing agent

1. It's been on market 54 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1966 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.48% ✓
• Cap rate: 8.23%
• Cash-on-cash: 6.91%
• DSCR: 1.31
• GRM: 5.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.43% rent growth · sell at horizon

5-year hold

• IRR: -9.5%
• Equity multiple: 0.66×
• Total profit: $-13,687
• Equity at exit: $21,620

10-year hold

• IRR: -5.6%
• Equity multiple: 0.69×
• Total profit: $-12,512
• Equity at exit: $12,537

Cash invested: $40,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33020

• Rents YoY: 0.4%
• Active inventory: 589
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $2,142 high
• Mortgage (P&I): −$760
• Tax from tax record: −$292 /mo · $3,506/yr
• Insurance: −$60
• HOA: −$345
• Vacancy / Maint / Mgmt: −$450
• Net cashflow: $234

Break-even live

Break-even rent $1,846

Max offer price $144,999

Occupancy floor 84%

Sensitivity live

Price	-10% $316	-5% $275	+0% $234	+5% $193	+10% $152
Rent	-10% $65	-5% $149	+0% $234	+5% $318	+10% $403
Rate	-1.0pp $307	-0.5pp $271	base $234	+0.5pp $196	+1.0pp $158

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2001 Van Buren St Hollywood, FL	2.0	1.0–2.0	788	$2,801	$3.55	16d	171	0.14mi
320 S Federal Hwy Hollywood, FL	2.0	1.0–2.0	742	$2,758	$3.72	25d	9	0.19mi
303 S Federal Hwy Hollywood, FL	1.0–3.0	1.0–3.0	992	$2,175	$2.19	3d	35	0.23mi
1818 Hollywood Blvd Hollywood, FL	3.0	1.0–2.5	1089	$2,764	$2.54	2d	17	0.23mi
1770 S Young Cir Hollywood, FL	2.0	1.0–2.0	881	$3,652	$4.15	2d	42	0.26mi
2165 Van Buren St Hollywood, FL	3.0	1.0–3.0	1072	$2,797	$2.61	2d	14	0.33mi
1776 Polk St Hollywood, FL	1.0–2.0	1.0–2.0	954	$2,843	$2.98	16d	25	0.43mi
2233 Hollywood Blvd Hollywood, FL	1.0–2.0	1.0–2.0	913	$2,540	$2.78	16d	94	0.46mi
200 E Pembroke Rd Hallandale Beach, FL	3.0	1.0–2.0	1006	$2,840	$2.82	2d	62	0.81mi
2630 Madison St Unit b Hollywood, FL	1.0	1.0	400	$1,500	$3.75	25d	1	0.89mi
2630 Madison St Hollywood, FL	1.0	1.0	400	$1,500	$3.75	25d	1	0.89mi
1927 Cleveland St Unit 1542853P Hollywood, FL	—	1.0	570	$2,722	$4.78	3d	1	1.09mi
1710 McKinley St #5 Hollywood, FL	1.0	1.0	573	$1,450	$2.53	19d	1	1.14mi
1710 McKinley St #5 Hollywood, FL	1.0	1.0	573	$1,400	$2.44	25d	1	1.14mi
2829 Van Buren St #208 Hollywood, FL	—	1.0	460	$1,300	$2.83	14d	1	1.15mi
2204 McKinley St #2 Hollywood, FL	1.0	1.0	635	$1,800	$2.83	2d	1	1.16mi
2204 McKinley St #2 Hollywood, FL	1.0	1.0	635	$1,850	$2.91	18d	1	1.16mi
1815 McKinley St Unit 9 Hollywood, FL	2.0	1.0	650	$1,750	$2.69	17d	1	1.16mi
2806 Taylor St Hollywood, FL	—	1.0	450	$1,449	$3.22	8d	1	1.16mi
2806 Taylor St Apt C Hollywood, FL	2.0	2.0	650	$2,295	$3.53	8d	1	1.16mi
2806 Taylor St Apt C Hollywood, FL	2.0	2.0	650	$2,295	$3.53	25d	1	1.16mi
1533 Cleveland St Hollywood, FL	1.0	1.0	512	$1,200	$2.34	25d	1	1.18mi
1560 McKinley St Unit 115w Hollywood, FL	1.0	1.5	665	$1,500	$2.26	4d	1	1.21mi
1425 Arthur St Unit 414B Hollywood, FL	1.0	1.5	597	$1,750	$2.93	19d	1	1.21mi
2840 Taylor St #28 Hollywood, FL	1.0	1.0	560	$1,800	$3.21	25d	1	1.22mi
2918 Jackson St Hollywood, FL	2.0	1.0	750	$1,700	$2.27	4d	1	1.23mi
2918 Jackson St Unit 1 Hollywood, FL	2.0	1.0	750	$1,700	$2.27	8d	1	1.23mi
2111 Roosevelt St Unit 3 Hollywood, FL	1.0	1.0	600	$1,425	$2.38	25d	1	1.23mi
1944 Taft St Unit 2 Hollywood, FL	2.0	2.0	750	$1,800	$2.40	8d	1	1.24mi
1520 McKinley St Unit 107E Hollywood, FL	1.0	1.5	665	$1,700	$2.56	18d	1	1.24mi
2830 Fillmore St Unit 2 Hollywood, FL	1.0	1.0	750	$1,450	$1.93	8d	1	1.24mi
2830 Fillmore St Unit 5 Hollywood, FL	1.0	1.0	700	$1,450	$2.07	25d	1	1.24mi
2915 Jackson St Unit 12 Hollywood, FL	1.0	1.0	500	$1,425	$2.85	16d	1	1.24mi
2915 Jackson St Hollywood, FL	1.0	1.0	500	$1,425	$2.85	14d	1	1.24mi
1521 N 23rd Ave Hollywood, FL	2.0	2.0	750	$2,000	$2.67	25d	1	1.24mi
1816 Taft St Unit 8 Hollywood, FL	1.0	1.0	500	$1,399	$2.80	3d	1	1.25mi
401 N Federal Hwy Hallandale Beach, FL	1.0–3.0	1.0–2.0	973	$1,892	$1.94	16d	48	1.26mi
1947 Taft St Unit 0 Hollywood, FL	2.0	2.0	650	$1,900	$2.92	25d	1	1.26mi
836 NW 10th St Unit 4 Hallandale Beach, FL	—	1.0	423	$1,250	$2.96	25d	1	1.26mi
2443 Cleveland St Unit 2 Hollywood, FL	1.0	1.0	600	$1,500	$2.50	25d	1	1.27mi

HOA detail condo

• Monthly dues: $345 · $4,140/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 39 events

1. 2026-06-18
   days on market $144,999 Active 54 DOM
2. 2026-06-17
   days on market $144,999 Active 53 DOM
3. 2026-06-16
   days on market $144,999 Active 52 DOM
4. 2026-06-15
   price $144,999 Active 51 DOM
5. 2026-06-15
   days on market $149,900 Active 51 DOM
6. 2026-06-13
   days on market $149,900 Active 49 DOM
7. 2026-06-09
   days on market $149,900 Active 45 DOM
8. 2026-06-08
   days on market $149,900 Active 44 DOM
9. 2026-06-07
   days on market $149,900 Active 43 DOM
10. 2026-06-04
    pricedays on market $149,900 Active 40 DOM
11. 2026-06-03
    days on market $154,900 Active 39 DOM
12. 2026-06-02
    status $154,900 Active 38 DOM
13. 2026-05-19
    status Pending
14. 2026-05-12
    price $154,900
15. 2026-05-06
    price $159,900
16. 2026-04-10
    listed $164,990 Active
17. 2026-04-02
    historical $1,525
18. 2026-04-02
    historical
19. 2026-03-30
    price $169,900
20. 2026-03-28
    price $176,900
21. 2026-03-20
    price $181,900
22. 2026-03-10
    price $1,525
23. 2026-02-27
    price $1,625
24. 2026-02-26
    price $199,900
25. 2026-02-19
    price $1,650
26. 2026-02-06
    price $1,700
27. 2026-01-28
    price $1,750
28. 2026-01-12
    listed $204,900 Active
29. 2026-01-03
    price $1,800
30. 2025-11-29
    listed $1,850
31. 2022-09-12
    soldstatus $155,000 Closed 527-char remark

    Show marketing remark (527 chars)

    FANTASTIC LOCATION IN HISTORIC DOWNTOWN HOLLYWOOD!! *** This beautiful 3RD floor unit is just down the street from the shops and restaurants surrounding Arts Park and is only few miumites to the Beach and Famous Hollywood Broad walk! *** The proximity to FLL, MIA, all major highways, railways and the Ocean makes this condo VERY Desirable! Some special features are screened Front Patio, , Huge Bedroom and Tons of Closet Space! *** The A/C unit is few years years old *** All ages are welcome *** Extra storage unit included

32. 2022-09-12
    soldstatus $155,000

    Show marketing remark (527 chars)

    FANTASTIC LOCATION IN HISTORIC DOWNTOWN HOLLYWOOD!! *** This beautiful 3RD floor unit is just down the street from the shops and restaurants surrounding Arts Park and is only few miumites to the Beach and Famous Hollywood Broad walk! *** The proximity to FLL, MIA, all major highways, railways and the Ocean makes this condo VERY Desirable! Some special features are screened Front Patio, , Huge Bedroom and Tons of Closet Space! *** The A/C unit is few years years old *** All ages are welcome *** Extra storage unit included

33. 2022-07-25
    historical Active Under Contract 527-char remark

    Show marketing remark (527 chars)

    FANTASTIC LOCATION IN HISTORIC DOWNTOWN HOLLYWOOD!! *** This beautiful 3RD floor unit is just down the street from the shops and restaurants surrounding Arts Park and is only few miumites to the Beach and Famous Hollywood Broad walk! *** The proximity to FLL, MIA, all major highways, railways and the Ocean makes this condo VERY Desirable! Some special features are screened Front Patio, , Huge Bedroom and Tons of Closet Space! *** The A/C unit is few years years old *** All ages are welcome *** Extra storage unit included

34. 2022-07-19
    listed $169,900 Active 527-char remark

    Show marketing remark (527 chars)

    FANTASTIC LOCATION IN HISTORIC DOWNTOWN HOLLYWOOD!! *** This beautiful 3RD floor unit is just down the street from the shops and restaurants surrounding Arts Park and is only few miumites to the Beach and Famous Hollywood Broad walk! *** The proximity to FLL, MIA, all major highways, railways and the Ocean makes this condo VERY Desirable! Some special features are screened Front Patio, , Huge Bedroom and Tons of Closet Space! *** The A/C unit is few years years old *** All ages are welcome *** Extra storage unit included

35. 2003-07-31
    soldstatus $60,000
36. 2002-01-16
    soldstatus $36,000
37. 1999-06-29
    soldstatus $25,000
38. 1990-02-01
    soldstatus $26,000
39. 1989-12-18
    soldstatus $31,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $3,506 · $292/mo
• Projected year-2 tax: $3,506 · $292/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $25,699
• − Mortgage interest: −$8,122
• − Property taxes: −$3,506
• − Insurance: −$725
• − Repairs & maintenance: −$2,056
• − Management: −$2,056
• − HOA: −$4,140
• − Depreciation: −$4,218
• Taxable income: $876
• Est. tax owed @ 24.0%: −$210
• After-tax cash flow: $2,596/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Broward
• NCES district ID: 1200180
• Math proficiency: 42% ▼ -18.00%
• Reading proficiency: 53% ▼ -5.00%
• Median HH income: $52,139
• Composite: 40.88/100
• National rank: #3621
• State rank: #46 of 73 in FL

Livability — Hollywood

• Score: 76/100
• State rank: #232
• US rank: #3548

Category grades

Amenities D Commute A+ Cost of living C+ Crime B+ Employment C Housing A+ Health & safety B+ User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hollywood, FL
• County: Broward County · 1,963,430 people
• City population: 109,079
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 46,322
• Household income: $56,473
• Rent vs Own: 63.5% rent · 36.5% own
• Severe rent burden: 3948.0

Population outlook (Broward County) Hauer SSP2

• Today (2025): 2,207,033 people
• By 2030: 2,360,704 · +7.0%
• By 2040: 2,661,208 · +20.6%
• By 2050: 2,946,698 · +33.5%
• By 2075: 3,602,273 · +63.2%
• By 2100: 3,970,984 · +79.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: Hispanic / Latino 43% Two or more races 31% White 28% Black 24% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 4% Cuban 9% Dominican 3% Salvadoran 3%
• Common ancestry: Hispanic 5% Lithuanian 2% Scotch-Irish 1%
• Foreign-born: 41% · Canada, Jamaica, Dominican Republic
• Languages at home: 48% English-only · Spanish 38% French/Haitian/Cajun 6% Russian/Polish/Slavic 2%

Political lean MEDSL · Broward

• 2024 margin: D (+17.0) · D 58.0% · R 41.0%
• 2008→2024 swing: -17.8pp toward R · 2008: 34.7pp · 2024: 17.0pp
• All cycles: 2024: D+17.0 2020: D+29.8 2016: D+35.0 2012: D+34.9 2008: D+34.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -406.34%
• Current HPI: 524.7664
• Rent YoY: ▲ 0.43%
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+391.7% since first listed

27 events — show timeline

• 2026-05-19 Pending — MARMLS
• 2026-05-12 Price Changed $154,900 MARMLS
• 2026-05-06 Price Changed $159,900 MARMLS
• 2026-04-10 Listed $164,990 MARMLS
• 2026-04-02 Rental Removed $1,525 MARMLS
• 2026-04-02 Listing Removed — MARMLS
• 2026-03-30 Price Changed $169,900 MARMLS
• 2026-03-28 Price Changed $176,900 MARMLS
• 2026-03-20 Price Changed $181,900 MARMLS
• 2026-03-10 Price Changed $1,525 MARMLS
• 2026-02-27 Price Changed $1,625 MARMLS
• 2026-02-26 Price Changed $199,900 MARMLS
• 2026-02-19 Price Changed $1,650 MARMLS
• 2026-02-06 Price Changed $1,700 MARMLS
• 2026-01-28 Price Changed $1,750 MARMLS
• 2026-01-12 Listed $204,900 MARMLS
• 2026-01-03 Price Changed $1,800 MARMLS
• 2025-11-29 Listed for Rent $1,850 MARMLS
• 2022-09-12 Sold (Public Records) $155,000 Public Records
• 2022-09-12 Sold (MLS) $155,000 Beaches MLS
• 2022-07-25 Contingent — Beaches MLS
• 2022-07-19 Listed $169,900 Beaches MLS
• 2003-07-31 Sold (Public Records) $60,000 Public Records
• 2002-01-16 Sold (Public Records) $36,000 Public Records
• 1999-06-29 Sold (Public Records) $25,000 Public Records
• 1990-02-01 Sold (Public Records) $26,000 Public Records
• 1989-12-18 Sold (Public Records) $31,500 Public Records

Property tax history

+23.0%/yr

Latest (2025): $3,506 · +8.9% YoY. Source: county tax records.