Real Estate Investing in Hollywood, Florida (33020)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33020 (Hollywood, FL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.6% of homes vacant — above national norms.
What’s happening in Hollywood, FL (33020)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33020 Hollywood
The 33020 ZIP covers a section of Hollywood that demands careful diligence. Prices near $378K look accessible, but the work to make a deal cash flow is real.
The 33020 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader FL picture, 33020 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Meanwhile, 44,112 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 33020 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Hollywood:
Property Strategy for 33020
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $144,647 | $1,940 | 9.7% | +6.2% | $144,647 |
| 2BR | $358,402 | $2,380 | 4.8% | +8.3% | $179,201 |
| 3BR | $496,626 | $3,280 | 4.8% | +8.8% | $165,542 |
| 4BR | $577,846 | $3,890 | 4.8% | +8.9% | $144,462 |
| 5BR | $723,291 | — | — | +9.7% | $144,658 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33020 Compare?
| Metric | 33020 | Hollywood | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $377,732 | $335,810 | N/A | $374,697 |
| 5-Year CAGR | 5.5% | 4.8% | N/A | 7.4% |
| Avg Rent | $2,141 | $2,506 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 33020 (Hollywood, FL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 33020 (Hollywood, FL)?
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Property managers serving Broward County
Manage rentals here? List your business →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
State Street Property Management offers property management services for owners, tenants, and associations. summary from their website
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
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $377,732 |
| Monthly Rent | $2,141 |
| Price-to-Rent | 14.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | -2.0% ▼ |
| 3-Year CAGR | -0.5% ▼ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +8.2% ▲ |
🏠 Rent Trends
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | +1.7% ▲ |
| 5-Year CAGR | +5.8% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 33020
Population: 44,112
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 33020
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 734 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What price range are homes in Hollywood, FL?
Expect median prices around $378K in Hollywood, FL. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
Is FL a landlord-friendly state?
Hollywood, FL falls under FL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Are renters plentiful in Hollywood, FL?
The renter base in Hollywood, FL is reasonable for the $2,141/mo price point. Screening well and pricing to market typically yields steady tenants.
Can I live-in-and-rent in Hollywood, FL?
House hacking in Hollywood, FL is reasonable to execute. Prices around $378K and rents of $2,141/mo solid owner-occupant economics.
What is the rental occupancy rate in Hollywood, FL?
Vacancy risk in Hollywood, FL is elevated. That supports consistent cash flow for typical rental holds.
You know 33020 now. You don’t know where it ranks.
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How 33020 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
Every ZIP in this metro, ranked. Free.
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