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Rare Hollywood investment opportunity combining immediate income with exciting long-term potential. The property features 10 income-producing units generating steady monthly income on an 11,168 SF double lot. Investors can benefit from the existing cash flow while exploring the property’s redevelopment potential. Based on current zoning and applicable development regulations, the site may offer the opportunity for a higher-density residential project, potentially up to 40 units or more. An excellent opportunity for investors looking to combine current income with future growth in a desirable Hollywood location. Development potential is subject to applicable zoning, city requirements, and approvals.
Listed by Fernanda Ibarra, Direct Realty Solutions

Property Details of 2020 Washington Street

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Hollywood, FL Demographics

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Hollywood, FL Real Estate Market Data

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Hollywood, FL Schools

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on November 4, 2026

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