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Multi-Family Property with Two Kitchens

1826 Mckinley Street Hollywood, FL 33020

1826 Mckinley Street, Hollywood, FL, 33020
$525,000
Pending
For Sale
$525,000
Pending

MULTI_FAMILY - Hollywood, FL

Property Size1,962 SF
Days on Market10

Property Features for 1826 Mckinley Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Rooms
Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3
Parking
6
Standard status
Pending
APN
514210070300
Size
1,962 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
ST JAMES PARK WEST ADD 2-45 B LOT 14 BLK 2

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air

Building Details

Year built
1950
Floors in Building
1
Flooring type
Wood, Hardwood
Building materials
Block
Roof type
Barrel
Listing Agency EXP Realty LLC
10752 Deerwood Park Blvd #100, Jacksonville, FL
Listed by John Salt · License #3270043
Added: Jul 7 Checked: Jul 16 at 8:06 pm
MLS# A12045748 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 property at 1826 Mckinley Street in Hollywood, FL is a well-maintained multi-family/live-work style home designed for flexible living and work arrangements. The layout includes 4 bedrooms plus a spacious, bright office, supported by high ceilings and abundant natural light. Interior character includes original solid wood flooring in pristine condition throughout most of the home, along with an Art Deco bath that remains in excellent shape. Practical updates include both kitchens renovated, the main bathroom renovated in 2019, all copper plumbing supply lines throughout, an updated electric panel, and central A/C installed in 2015. A 2-car garage and multiple outdoor areas support day-to-day functionality, including a beautiful back patio and an additional side patio.

The home is set on an excellent lot with a large driveway and tons of parking for vehicles and equipment. It is described as being just steps from US-1 and tucked away for privacy. The property is listed as being in a non-flood zone, with no HOA and no restrictions. The provided zoning information states FH-2 with allowance for 5+ stories.

For tenants, buyers, or operators seeking a property that can support both residential and commercial uses, this configuration offers multiple rooms for living and an on-site office component. Renovation details and systems updates (central A/C, copper plumbing, updated electrical, and kitchen and bath work) are designed to reduce near-term maintenance needs while keeping the home’s existing layout and usable indoor/outdoor space intact.

Key Highlights

  • 4 bedrooms plus a spacious/bright office, with rooms including 2 bathrooms and Bedroom 1, 2, 3, and 4
  • Both kitchens renovated; main bath renovated in 2019
  • All copper plumbing supply lines throughout; updated electric panel

Local Financial Insights For Office B

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 $64.7k $33.00
− Vacancy −$14.2k −$7.26
EGI $50.5k $25.74
− OpEx −$12.6k −$6.44
NOI $37.9k $19.31
1,962 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$541.1K
$473.5K – $631.3K (±1% cap)
NOI $37,876 @ 7.0% cap · market cap 7.21%
Second Best
Apartment 5plus
$467.2K
$408.8K – $545.1K (±1% cap)
NOI $32,703 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$767.5K
$671.6K – $895.5K (±1% cap)
NOI $53,727 @ 7.0% cap · market cap 10.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant Pet Grooming Service

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

FAQs

What type of property is this?
Single family property - Configured for multi-generational use with a separate office, renovated kitchens, and ample vehicle parking on a flexible commercial zoning lot.
Where is this single family property located?
The property is located at 1826 Mckinley Street Hollywood, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 4 bedrooms plus a spacious/bright office, with rooms including 2 bathrooms and Bedroom 1, 2, 3, and 4; Both kitchens renovated; main bath renovated in 2019; All copper plumbing supply lines throughout; updated electric panel
Contact an agent
More about this property
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