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    Two-Structure Duplex Fixer-Upper

    5718 Mckinley St Hollywood, FL 33021

    New
    5718 Mckinley St, Hollywood, FL, 33021
    $490,000
    For Sale
    Claim this Listing
    $490,000

    MULTI_FAMILY - Hollywood, FL

    Property Size2,610 SF
    Lot Size0.50 Acres
    Price / SF$187.74
    AddedJul 13
    Days on Market2
    Last RefreshJul 14 at 2:06 pm

    Property Features for 5718 Mckinley St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 2
    Parking
    8
    Standard status
    Active
    APN
    514112100860
    Size
    2,610 SF
    Lot size
    0.50 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    HOLLYWOOD COUNTRY ESTATES 24-9 B LOT 30 W1/2 BLK 3
    Tax Annual Amount
    11391

    Utilities

    Sewer type
    Septic Tank
    Cooling system
    Electric

    Building Details

    Year built
    1953
    Floors in Building
    1
    Building materials
    Block

    Listing agent Christopher Lekas License #3217748

    Listing office Beachfront Realty Inc 18205 Biscayne Blvd Ste 2205, Miami Beach, FL

    Listing date Jul 13, 2026

    MLS# A12052945 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This residential income property includes two separate structures on a half-acre lot. The property is offered in a condition that requires a complete remodel, and the front house has fire damage.

    The listing is located in Hollywood, Florida (Broward County) at 5718 McKinley St, Hollywood, FL 33021.

    The layout consists of two standalone structures on the same parcel, providing a straightforward configuration for renovation.

    Key Highlights

    • Two separate structures on a half‑acre lot
    • Front house has fire damage; cash offers only
    • Block construction; year built 1953

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $83.0k $31.80
    − Vacancy −$3.9k −$1.49
    EGI $79.1k $30.31
    − OpEx −$35.6k −$13.64
    NOI $43.5k $16.67
    2,610 SF · lease $31.80/SF/yr · vacancy 4.70% · expense 45.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $668.1K
    $584.6K – $779.4K (±1% cap)
    NOI $46,764 @ 7.0% cap · market cap 9.54%
    Second Best
    Apartment 5plus
    $621.5K
    $543.8K – $725.1K (±1% cap)
    NOI $43,503 @ 7.0% cap · market cap 8.88%
    Theoretical Best
    Office A
    $1.02M
    $893.4K – $1.19M (±1% cap)
    NOI $71,472 @ 7.0% cap · market cap 14.59%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    (Bike/Boat/Book/etc) Store Acupuncture Pet Grooming Service Gym & Fitness Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Fish Market

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Duplex - Two separate structures on a half-acre lot require a complete remodel, with front-house fire damage.
    Where is this duplex located?
    The property is located at 5718 Mckinley St Hollywood, FL.
    What is the asking price?
    The asking price for this property is $490,000.
    What are key features of this property?
    This property features: Two separate structures on a half‑acre lot; Front house has fire damage; cash offers only; Block construction; year built 1953
    Contact an agent
    (954) 290-3983
    We can help!
    Contact an agent
    Christopher Lekas
    Real Estate License ID: 3217748
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