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+19 photosLuxury home — 5618 Madison Street · Hillside Park · Hollywood
South Florida Luxury Living
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Open property magazine$600,000
5618 Madison Street, Hollywood, FL 33023
Hollywood, FL, 33023
2 bd · 1 ba · 1,112 sqft
Listed by RE/MAX 5 Star Realty
5618 Madison Street, Hollywood, FL 33023
Listed by RE/MAX 5 Star Realty
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Estimated monthly payment
$4,216/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $4,216/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AH · verify insurance quotes before buying.
About this home
Find similar homesNEWLY RENOVATED & READY TO MOVE IN! Welcome to this beautifully updated 2-bedroom, 1-bath home situated on an oversized lot with an incredible backyard offering plenty of space to relax, entertain, and enjoy the South Florida lifestyle. Inside, you’ll find a fresh, updated interior designed for comfortable everyday living, while the 1-car garage provides added parking and storage. Centrally located just minutes from Downtown Hollywood with easy access to schools, shopping, restaurants, major roadways, and Fort Lauderdale-Hollywood International Airport. With its newly renovated interior, expansive outdoor space, and convenient location, this home is a fantastic rental opportunity!
Property Details
Your costs (est.)
≈ $4,216/mo
5618 Madison Street, Hollywood, FL 33023 · Hollywood
Location
5618 Madison Street, Hollywood, FL 33023
What buyers ask about this home
What are the estimated monthly carrying costs at 5618 Madison Street, Hollywood, FL 33023?+
Property tax (after sale): $854/month est.; homeowners insurance: $248/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $1,102/month est. Principal and interest: $3,113/month; PMI: $0/month. Total for the payment scenario shown: $4,216/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 5618 Madison Street, Hollywood, FL 33023?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 5618 Madison Street, Hollywood, FL 33023 need flood insurance, and what drives the premium?+
Most of Hollywood sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 5618 Madison Street, Hollywood, FL 33023?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 5618 Madison Street, Hollywood, FL 33023?+
This listing has been on the market 41 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Hollywood, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Olsen Middle
Middle school
Zone boundaries published by Broward County Public Schools.
Other options for this address
Championship Academy Of Distinction At Hollywood
Elementary · Charter · Grades PK–5 · Hollywood
Championship Academy Of Distinction Middle School
Middle school · Charter · Grades 6–8 · Hollywood
Aukela Christian Military Academy
Pre-K & Kindergarten · Private · Christian · Grades K–12 · West Park
Love Outreach Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades 4–12 · Miramar
Sheridan Hills Christian School
Pre-K & Kindergarten · Private · Christian · Grades PK–12 · Hollywood
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
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