Hollywood, Florida Investment Property: Rental Market and Returns in 2026

Hollywood has been a strong investor market because of its location, beach access, and price point that still works for investment math in a way that Fort Lauderdale and Miami often do not. The rental demand here is consistent and the Broadwalk creates genuine short-term rental appeal.

Long-Term Rental Market

Single-family homes rent for $2,800-$3,800/month. Hollywood Lakes waterfront commands $3,500-$5,000+. Beach corridor condos rent for $2,000-$3,200. Demand is steady from professionals working in Fort Lauderdale and Miami who want coastal living, and from families who are new to the area and renting before buying.

Short-Term Rental Potential

The Broadwalk area has real short-term rental demand - Hollywood Beach attracts weekend visitors and seasonal travelers. Check current city ordinances and HOA rules before buying with STR intent. Hollywood has been more permissive than Fort Lauderdale on this but regulations evolve. Beach-adjacent units with 1-2 bedrooms are the sweet spot for STR performance here.

Investment Math

At a $560,000 purchase price renting for $3,200/month, gross yield is about 6.9% before expenses. Net after taxes, insurance, and maintenance is approximately 4.5-5.5%. Better than Fort Lauderdale or Weston on a yield basis. The appreciation story is also positive given the price gap versus neighboring cities.

Best Investment Targets

Hollywood Hills single-family for buy-and-hold rental. Hollywood Lakes canal homes for appreciation plus premium rental. Beach corridor condos in well-maintained buildings for STR or seasonal rental. Young Circle condos for the urban-lifestyle renter demographic.