Triplex in 1220 S 20TH Avenue, Hollywood, FL 33020 for sale with MLS# B26072815

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, located in an opportunity zone. Financial summary attached.

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Days on the market

1220 S 20TH Avenue, Hollywood, FL 33020

Price
Price:
$751,000.00
Original List Price:
$784,000.00
List Price per Sq Ft (Calculated, Approx.):
$508.8
Lease Details
Tenant Pays:
Electricity, Water, Sewer, Cable Tv
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Triplex
Description of Last Important Update:
Price Reduced
Last Major Update on:
October 20, 2026 12:17 am
Measures
Living Area:
1,476 Sqft
Built-Up Area:
1,476 Sqft
Lot Area:
4,344 Sqft
Building Area Source:
Appraiser
Living Area Source:
Appraiser
Lot Size Acres:
0.1
Property Features
Waterfront:
No
Windows:
Jalousie
Laundry:
Laundry Room
Air Conditioning
Air Conditioning System:
Ceiling Fan(s), Electric
Heating
Heating System:
Electric
Fence:
Back Yard
Construction
Year Built:
1952
Roof:
Shingle
Number of Units Total:
3
Levels:
One
Construction Materials:
Concrete Block - No Stucco
Flooring:
Wood, Ceramic Tile
Number of stories:
1
Structure Type:
Triplex
Number of Units in the Community or Building:
3
Flood Zone Code:
AE,X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$10,587.1
Tax Year:
2025
Tax Assessed Value:
$430,140.00
Property Tax Details:
City/County, Homestead Exemption
Utilities
Sewer:
Public Sewer
Electric:
100 Amp Service
Utilities Available:
Electricity Available, Sewer Available, Water Available, Cable Connected
Water Source:
Public
Community
Pets Allowed?:
Yes, Dogs Ok, Cats Only
Subdivision Name:
HOLLYWOOD SOUTH SIDE ADD NO 2
Senior Community:
No
Restrictions:
No Restrictions
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Documents Available:
Rent Rolls, Deposit - Security, Deposit - Last Months Rent
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Buyer Possession:
Close Of Escrow
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 16 BLK 1
Real Estate Folio Number (Parcel Number):
514222100110
Zoning:
PS-1
Public Schools Assigned
Elementary School:
Indian Trace
High School:
South Broward
Listing History
Active on the market since:
September 5, 2026
Listing Agreement executed on:
September 5, 2026
Price change occurred on:
October 20, 2026 12:17 am
Listing Status Last Changed On:
September 5, 2026 3:09 pm
Photos updated on:
October 1, 2026 6:33 pm
Last Modified:
November 9, 2026 7:59 am
Additional Information
Courtesy of:
JFA Realty Co
Attribution:
Not provided
Location
Street Name:
20TH
Street Number:
1220
City:
Hollywood
State:
Florida
Zip Code:
33020
County:
Broward
Latitude:
N26° 0' 2''
Longitude:
W81° 51' 11.1''
Street Suffix:
Avenue
Street Direction Prefix:
S
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $52,535
Median Home Value $306,700
Median Rent $1,444/mo
Median Age 39
Population 44,112
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Association of REALTORS®
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