Real Estate Investing in Hollywood, Florida
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in Hollywood, FL? Our answer, based on the numbers below.
For Homebuyers
MIXED
Grade C (59/100)
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
For Investors
MIXED
3.0 / 5
(52/100)
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
Risks to Know
1 flag
- High vacancy: 19.8% of homes vacant — above national norms.
What’s happening in Hollywood, FL?
Click any question — our AI will research it live from the web and show you sources.
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
Avg Investability
★★★★★
Avg Home Value
$335,810
Avg Monthly Rent
$2,506
ZIP Codes
4
Market Trends — Hollywood, FL
Home Value History
Rent History
Local Pulse Report
AI-researched developments and news for Hollywood, FL. Updated on demand as visitors ask.
Growth & development in Hollywood, FL Updated 144 days ago
Hollywood, FL is experiencing a significant development boom with numerous residential, mixed-use, and infrastructure projects underway or recently completed.
Opportunities
- The South Broward Hospital District Board approved a $670 million expansion of Memorial Regional Hospital in October 2025. — This expands healthcare capacity and reinforces the city's role in the regional healthcare network. CoStar
- Revv Hollywood, an eight-story multifamily housing building, is nearing completion in the city's downtown core, with initial move-ins expected in late 2025. — This introduces new housing options within walking distance of shops, dining, and public transit. CoStar
- GAIA Residences, a luxury condominium development, was recently introduced, featuring wellness-focused living and access to a private beach club. — This provides new high-end residential choices and amenities for residents. CoStar
- Construction has launched on 21 Hollywood, a 14-story mixed-use development with 200 apartments and 10,000 square feet of retail space, expected to complete in late 2026/early 2027. — This adds new residential units and retail opportunities, enhancing urban living. REBusinessOnline
- The City's first Complete Streets project on Hollywood Boulevard, from City Hall east to Dixie Highway, is complete. — This improves transportation options and accessibility for all forms of transit. Hollywood FL TAP
Concerns
- South Florida experienced a 120% increase in layoffs in the first half of 2025 compared to 2024, affecting over 3,800 workers. — This restricts employment opportunities for many individuals in the region. Florida Daily
- South Florida business bankruptcies jumped 50% in the first half of 2025, with 152 filings compared to 103 in 2024. — This indicates a challenging economic environment leading to business closures and job losses. The Mastropieri Group
- Hotel renovations contributed significantly to layoffs in South Florida in the first half of 2025, with over 1,190 positions cut. — These temporary job losses impact the stability of employment in the hospitality sector. Florida Daily
Bottom line: Hollywood is experiencing substantial growth in residential and mixed-use developments and infrastructure, though the broader South Florida region faces economic headwinds with increased layoffs and business bankruptcies.
Local news & events in Hollywood, FL Updated 144 days ago
Hollywood, FL has seen a mix of community celebrations and ongoing concerns regarding crime, environmental issues, and city services over the past year.
Opportunities
- Hollywood celebrated its 100th anniversary with a downtown festival at ArtsPark at Young Circle in November 2025, drawing thousands of residents and highlighting the city's history and growth. — This event fostered community pride and offered diverse entertainment and cultural engagement for residents. Local 10 News
- The City of Hollywood continues to host monthly Downtown Hollywood ArtWalks, featuring live music, gallery exhibitions, artisan markets, and mural tours. — These events enhance the cultural vibrancy of Downtown Hollywood and provide opportunities for local artists and the public to connect. Hollywood, FL Official Website
- Hollywood offers various free community events and programs, including live music at the Hollywood Beach Theatre and computer classes for seniors and adults. — These free programs expand access to cultural activities and educational opportunities for residents of all ages. Hollywood, FL Official Website
- The Hollywood Connect platform allows residents to easily report non-emergency concerns to City Hall, with service requests routed to appropriate departments. — This platform empowers residents to actively participate in improving their community by reporting issues like potholes and code violations. Hollywood, FL Official Website
Concerns
- A string of brazen robberies in a Hollywood neighborhood left residents fearful and on high alert in March 2026, with one incident leading to a school lockdown. — Increased crime restricts residents' sense of safety and freedom to move within their community. YouTube - WPLG Local 10
- In January 2024, residents of the Pierce House apartment complex in Hollywood were ordered to vacate with less than 24 hours' notice due to an unsafe sewer system. — This sudden displacement imposed significant unconsented costs and disruption on the affected residents. NBC Miami
- The City of Hollywood faced over 1,000 trash-related complaints from January to mid-September 2024, primarily concerning missed trash and recycling pickups by WastePro. — Inconsistent waste management can lead to unsanitary conditions and diminish the quality of life for residents. Miami Herald
- Hollywood Beach residents are pushing back against a proposed 20-story condo development, indicating concerns about the city's transformation plans. — Proposed large-scale developments can lead to resident opposition due to concerns about changes to community character and potential negative impacts. WPLG Local 10
- A nearly half-million-dollar pothole patching machine purchased by the City of Hollywood has been sitting unused for years after repeatedly breaking down. — This represents a significant unconsented cost to taxpayers for equipment that is not fulfilling its intended purpose of maintaining city infrastructure. WPLG Local 10
Bottom line: Hollywood residents are actively engaged in community life, but face ongoing challenges with crime, city services, and environmental concerns like sea level rise.
Schools in Hollywood, FL Updated 144 days ago
Broward County Public Schools achieved an "A" rating for the 2023-2024 and 2024-2025 school years, a first since 2011, despite facing significant enrollment declines.
Opportunities
- Broward County Public Schools earned an "A" grade for the 2023-2024 and 2024-2025 school years, the first time since 2011. — This signifies academic excellence, potentially attracting new students and enhancing the district's appeal. Miami School Advisors
- The district was named an Academically High-Performing School District for the 2024-2025 school year, one of only 13 in Florida. — This designation reflects strong student achievement, operational excellence, and fiscal responsibility. Broward County Public Schools
- Over $14 million in federal grants are driving new and redesigned Magnet and Innovative Programs through the ACES initiative. — This expands educational choices and provides immersive, hands-on learning opportunities for students. Broward County Public Schools
- The SMART Program, an $800 million bond, continues to fund facility upgrades, technology, and safety enhancements. — This voluntary capital investment improves learning environments and provides modern resources for students. Florida TaxWatch
Concerns
- Broward County Public Schools expects a decrease of 4,300 students in traditional schools for the upcoming year, equating to a $30 million revenue loss. — Declining enrollment leads to budget strains and difficult decisions regarding school operations and resources. WLRN
- The district is considering closing or consolidating 34 schools due to under-enrollment, with 67 schools operating below 70% capacity in 2023-2024. — Potential school closures can disrupt communities, displace students, and limit local school choices. WLRN
- A proposed closure for Oakridge Elementary School in Hollywood was met with organized resistance from parents and students in May 2024. — This represents local opposition to changes that could restrict established community school choices. WLRN
- More than 90% of the district's enrollment decrease in 2025-2026 was in traditional district schools, not charter schools. — This trend indicates a shift in student enrollment away from traditional public schools, potentially due to increased school choice options. South Florida Sun Sentinel
Bottom line: Broward County Public Schools has achieved high performance ratings but faces significant challenges with declining enrollment and potential school closures.
Civic & policy in Hollywood, FL Updated 144 days ago
Hollywood, FL has seen recent government decisions impacting development, taxes, and local regulations, alongside state-level discussions on property tax reform and university admissions.
Opportunities
- Effective October 1, 2025, Florida will permanently repeal the sales tax on commercial real estate leases, potentially lowering overhead for businesses in Hollywood. — This reduces costs for businesses, potentially leading to more investment and job creation. Landmark CPAs
- Florida's 2025-26 budget (HB 7031) includes new and expanded sales tax holidays and permanent exemptions for certain items. — This can save residents money on specific purchases and stimulate local retail activity. Florida Governor's Office
- The state's Live Local Act allows developers to bypass local approvals for projects with at least 40% affordable housing, potentially increasing housing supply. — This aims to increase the availability of affordable housing options for residents. The Real Deal
- The City Commission adopted a new Development Review Committee (DRC) process on June 17, 2025, to guide development in a sustainable and vibrant manner. — This aims to streamline development while ensuring projects align with community goals. Hollywood, FL Official Website
Concerns
- A Broward County judge sided with Hollywood in March 2026, rejecting a Live Local Act development, which a developer's attorney called a "massive loophole" undermining affordable housing goals. — This decision could hinder the creation of new affordable housing units under the Live Local Act. The Real Deal
- The Hollywood City Commission voted in July 2025 to raise commissioners' pay by 34.7% and the mayor's pay by 82%. — This increases the financial burden on taxpayers without their direct consent. Local10.com
- The City of Hollywood levied an operating millage rate of 7.4479 for FY 2025, which is 8.76% above the rolled-back rate. — This means residents will pay higher property taxes compared to the previous year's revenue-neutral rate. City of Hollywood Ordinance
- A proposed state constitutional amendment to phase out most property taxes over a decade, if passed, could drastically slash municipal revenues in Hollywood. — This could lead to significant cuts in essential city services like public safety and parks. WLRN
- An ordinance amending Chapter 51 of the City Code to include mandatory year-round landscape irrigation conservation measures was recommended for approval in September 2024. — This imposes new restrictions on residents' water usage for landscaping. City of Hollywood Official Website
Bottom line: Hollywood is navigating complex development and financial decisions, with state-level actions also poised to significantly impact local services and costs.
AI-generated from public web sources. Always verify with official records. Not financial, legal, or investment advice.
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Property managers serving Broward County
Manage rentals here? List your business →Maxima Property Management Inc.
Miami, FL
Maxima Property Management Inc. offers property management, real estate brokerage, second home management, and vacation rental management services in South Florida, including Pompano Beach, Fort Laude summary from their website
Short-term rentals
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State Street Property Management
Plantation, FL
State Street Property Management offers property management services for owners, tenants, and associations. summary from their website
HOA
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West Broward Community Management
Plantation, FL
West Broward Community Management provides customized community association management services in Plantation, FL, including accounting, inspections, and handling owner/tenant requests. summary from their website
HOA
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Avg Home Value
$335,810
Avg Monthly Rent
$2,506
1% Rule
✗ Below
Landlord Friendly (FL)
★★★★★
🎓 Colleges & Universities in Hollywood
4 Colleges
2,030 Students
734 Off-Campus Renters
C+
2-Year Public · 1,469 students
📍 ~734 students rent off-campus
C
4-Year For-Profit · 275 students
D
Vocational For-Profit · 286 students
D
4-Year For-Profit · 0 students
Investor Insight: With 734 students living off-campus, Hollywood has substantial rental demand from the college population — typically stable, lease-renewing tenants.
Neighborhoods in Hollywood
441 Corridor
4 ZIP codes
Beverly Park
4 ZIP codes
Boulevard Heights
4 ZIP codes
Carriage
4 ZIP codes
Driftwood
4 ZIP codes
Emerald Hills
4 ZIP codes
Highland Garden
4 ZIP codes
Hillcrest
4 ZIP codes
Hollywood Hills
4 ZIP codes
Hollywood Lakes
4 ZIP codes
Lake of Emerald Hills
4 ZIP codes
Lawnacres
4 ZIP codes
Liberia
4 ZIP codes
North Beach
4 ZIP codes
North Central
4 ZIP codes
Park East
4 ZIP codes
Park Side
4 ZIP codes
Playland
4 ZIP codes
Royal Poinciana
4 ZIP codes
South Central Beach
4 ZIP codes
ZIP Codes in Hollywood, FL
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View PlansFrequently Asked Questions About Hollywood, FL
What is the best play in Hollywood, FL?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Hollywood, FL. The numbers - $336K homes against $2,506/mo rents - support that play.
What is the typical renter like in Hollywood, FL?
The renter base in Hollywood, FL is reasonable for the $2,506/mo price point. Screening well and pricing to market typically yields predictable tenants.
Is Hollywood, FL a friendly market for rental owners?
Rental owners in Hollywood, FL deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Is Hollywood in FL worth investing in?
Hollywood, FL rates 3.0/5 for investability. With median values at $336K and rents near $2,506/mo, the market offers reasonable fundamentals for rental investors.
Are homes affordable in Hollywood, FL?
Typical homes in Hollywood, FL go for around $336K. The 5-year CAGR of 0.0% consistent price movement.
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