WorkspaceDiscoverCondo · Hollywood · Broward County
2826 Van Buren St #8, Hollywood
Under contract as of the listing’s October 20 history. Retained research for a tenant-occupied condo in a 20-unit building. The current listing reports $430 monthly HOA dues and a cash-only offering; it does not state the current lease rent.
Recorded status: Active with contract / under contract · source event October 20, 2026. Checked: .
Dated listing record · recheck availability and legal unit count.
- Est. gross yield at asking
- 16.3% Estimate · rent potential ÷ asking price
- Asking price
- $129,000
Rent potential · Estimate: $1,752/moBroad HUD benchmark, not property-specific market rent or current collections.
- Estimated annual NOI
- $6,584 Before debt and capital reserves
- Estimated cap rate
- 5.1% Modeled NOI ÷ purchase price
- Est. cash flow / mo
- $496 All cash · after reserves
Assumptions behind these estimates
Starting values for this brief. Change any of them in the interactive brief; your changes stay in your browser. Default values
| Input | Value | Basis |
|---|---|---|
| Total scheduled rent per month | $1,752 | HUD-based planning rent |
| Vacancy (%) | 5% | Matches planning allowance |
| Management (% of collected rent) | 8% | Matches planning allowance |
| Maintenance (% of total rent) | 5% | Matches planning allowance |
| Buyer annual tax assumption (% of price) | 2% | Matches planning allowance |
| Annual insurance | $1,800 | Matches planning allowance |
| Annual owner-paid utilities | $600 | Matches planning allowance |
| Monthly HOA or condo fees | $430 | Matches source observation |
| Other annual operating expenses | $600 | Matches planning allowance |
| Capital reserves (% of total rent) | 3% | Matches planning allowance |
| Down payment (%) | 100% | Matches planning allowance |
| Mortgage rate (%) | 7% | Matches planning allowance |
Unit mix & possession
One individual 1 bed / 1 bath condo, advertised with a tenant through March 2027.
- Reported units
- 1
- Reported listing area
- 562 sq ft
- Asking / reported sq ft
- $230
- HOA / month
- $430
- Historical property tax / year
- $3,435
- HOA + historical tax / month
- $716
$716/month goes to reported HOA and historical tax alone. Rental income would have to cover this plus the remaining ownership costs.
HOA + historical tax only. Excludes insurance, assessments, upkeep and financing; buyer taxes can change.
Broker info & key considerations To confirm
- Do not carry forward the rent from an older MLS listing into this new observation.
- Verify the cash-only restriction, investor concentration, lease, reserves and any special assessments.
- Listing availability, legal units, lease collections and operating costs require independent confirmation.
Source evidence and diligence
Financial figures observed Sep 25, 2026. Reported income is not audited collections. Editable estimates, financing and saved assumptions are separate from these source facts.
Gross rental yield basis
Displayed whole-property scheduled rent × 12 divided by source asking price, not your saved offer. HUD-based planning rent: FY2027 HUD FMR for Fort Lauderdale, FL HUD Metro FMR Area (METRO33100MM2680), effective October 1, 2026. Documented bedrooms per offered unit: 1. Published gross housing benchmark $1,902/month includes major utilities, excluding phone, cable/satellite TV and internet. Subtract $150/month ($150/unit) for assumed tenant-paid electricity; remaining owner-paid services use the separate displayed utility budget. This electricity amount is editable budgeting policy, not a verified allowance or conservative bound. Replace scheduled rent and utility inputs with leases, payer terms and local bills. The adjusted $1,752/month is a full-occupancy scenario, not a rental appraisal, lease offer, subsidy payment standard or eligibility decision. Full-occupancy potential before vacancy, operating costs, financing and income tax; not current collections, cap rate or cash return.
Sources
- 21 Oct availability review · Related General Realty / MLS A12058199; contract event 20 Oct; retained last ask and financial evidenceSource observation · Oct 21, 2026
- Compass · Related General Realty, LLC. · MLS A12058199Source observation · Sep 25, 2026
Questions to resolve
- Obtain executed leases, tenant estoppels, deposit accounting and collection history.
- Reconcile the offered units, address and living area with title, permits and occupancy records.
- Obtain trailing expenses, buyer tax estimates and property-specific insurance quotes.
Similar properties
- 3600 NW 21st St #406, Lauderdale Lakes: condo, asking $145,000
- 1800 SW 81st Ave #1308, North Lauderdale: condo, asking $160,000
- 3629 NW 94th Ave #5G, Sunrise: condo, asking $194,800
Florida property research
Research scope includes Miami-Dade, Broward, the Florida Keys and Flagler County. Published observations vary by market.
[1] Gross yield excludes costs and financing. Source figures are unverified; estimates use editable assumptions. Check current listing availability. County records are separate from listings. Saves stay in this browser; export a backup before clearing site data. Sources & methods