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+15 photosLuxury home — 5619 Mckinley A-H · Hollywood Country Estates · Hollywood
$2,599,000
5619 Mckinley A-H, Hollywood, FL 33021
Hollywood, FL, 33021
— bd · — ba · 7,322 sqft
Listed by CSRF Real Estate
5619 Mckinley A-H, Hollywood, FL 33021
Listed by CSRF Real Estate
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Estimated monthly payment
$18,956/mo
Income & expenses
9 units| Building totals | Monthly | Annual |
|---|---|---|
| Gross rental income | $3,150 | $37,800 |
| Operating expenses (est.) | $3,997 | $47,963 |
| Net operating income (est.) | $-847 | $-10,163 |
Expenses include estimated taxes, insurance, HOA and the 10% vacancy, repairs and management allowance. Loan payments are separate.
Yearly rent
$37,800
Property taxes after sale
$31,188
Florida average estimate
Insurance estimate
$12,995
South Florida average insurance estimate
Cap rate — optimistic
-0.25%
NOI $-6,383/yr
Rent minus taxes, insurance and HOA.
Cap rate — conservative
-0.39%
NOI $-10,163/yr
Also minus 10% for vacancy, repairs and management.
Cash flow with a loan
Conservative net operating income minus a 30-year loan payment at the price tested above.
Rent figures come from the listing. Taxes are estimated at the tested price, since Florida taxes reset on sale. Planning estimate only, not a quote. Actual premiums depend on roof age, wind mitigation, flood zone, claims history and the carrier. Verify all income and expenses with the seller's rent roll before writing an offer. Estimate only, not guaranteed. Verify before you buy or sell.
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 $18,956/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: X · verify insurance quotes before buying.
About this home
Find similar homesExcellent 9-unit investment opportunity consisting of four duplexes with eight 2-bedroom/1-bathroom apartments, plus a separate single-family residence currently configured as a 4-bedroom/2-bathroom home. The eight apartments are currently rented, generating $172,380 in actual annual gross rental income. The separate residence is in excellent condition and is currently being used as the management office solely by the owner's choice. The home is ready for immediate rental without the need for renovations, offering an opportunity to increase rental income. Estimated market rent for the residence is $3,150 per month. Projected annual gross rental income could reach approximately $210,180 with the house leased, or approximately $249,000 if all eight apartments achieve estimated market rents
Property Details
Dogs
Welcome per listing rules
Cats
Welcome per listing rules
Your costs (est.)
≈ $18,956/mo
5619 Mckinley A-H, Hollywood, FL 33021 · Hollywood
Location
5619 Mckinley A-H, Hollywood, FL 33021
What buyers ask about this home
What are the estimated monthly carrying costs at 5619 Mckinley A-H, Hollywood, FL 33021?+
Property tax (after sale): $3,981/month est.; homeowners insurance: $1,490/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $5,471/month est. Principal and interest: $13,486/month; PMI: $0/month. Total for the payment scenario shown: $18,956/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 5619 Mckinley A-H, Hollywood, FL 33021?+
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 5619 Mckinley A-H, Hollywood, FL 33021 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 5619 Mckinley A-H, Hollywood, FL 33021?+
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, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 5619 Mckinley A-H, Hollywood, FL 33021?+
This listing has been on the market 38 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
Sheridan Hills Elementary School
Elementary · 0.6 mi from this home · 5001 Thomas St, Hollywood
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
Sheridan Hills Christian School
Pre-K & Kindergarten · Private · Christian · Grades PK–12 · Hollywood
Aukela Christian Military Academy
Pre-K & Kindergarten · Private · Christian · Grades K–12 · West Park
Guidepost Montessori At Hollywood Beach
Pre-K & Kindergarten · Private · Grades PK–12 · Hollywood
Guidepost Montessori At Hollywood Beach
Pre-K & Kindergarten · Private · 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.
Simon Gedz
Realtor® since 1995
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