9-Unit Multifamily
New
For Sale
$2,599,000
5619 Mckinley, Hollywood, FL 33021
Residential Income, Hollywood, FL
Property Size7,322 SF
Lot Size0.80 Acres
Price / SF$354.96
Days on Market7
Property Features for 5619 Mckinley
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-9
Bedrooms
4
Full bathrooms
3
Rooms
Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1
Pets allowed
Dogs OK, Yes, Cats OK, Size Limit
Exterior features
Awning(s)
Subdivision
HOLLYWOOD COUNTRY ESTATES
Elementary school
Sheridan Hills
Middle school
Attucks
High school
South Broward
Standard status
Active
APN
514112101070
Size
7,322 SF
Lot size
0.80 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HOLLYWOOD COUNTRY ESTATES 24-9 B LOT 17 LESS W 110 OF S 94, BLK 4
Tax Annual Amount
19350
Legal Description
HOLLYWOOD COUNTRY ESTATES 24-9 B LOT 17 LESS W 110 OF S 94, BLK 4
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1990
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
CBS
Roof type
Shingle
Listing Agency:
CSRF Real Estate
(954) 284-1971
Listed By:
Brian Davis · License #3483151
(954) 495-3178
Added: Oct 6
Last Checked: Oct 12 at 3:06PM
MLS# B26085108
Copyright © 2026 BeachesMLS. 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 Hollywood multifamily portfolio comprises nine rental units: four duplexes and a single-family home. The properties span two folios and total 7,322 square feet on 0.8 acres. Improvements date to 1990, and the zoning is RM-9. The listing also identifies a possible redevelopment path for the single-family home into another duplex, subject to City approval and applicable zoning, density, and permitting requirements.
The properties are near Seminole Hard Rock Hotel & Casino, with access to the Florida Turnpike and I-95. Hard Rock Stadium is also identified in the surrounding area.
The properties are near Seminole Hard Rock Hotel & Casino, with access to the Florida Turnpike and I-95. Hard Rock Stadium is also identified in the surrounding area.
Key Highlights
- Nine rental units across four duplexes and one single‑family home
- 7,322 square feet on 0.8 acres across two folios
- RM‑9 zoning; possible conversion of the single‑family home to a fifth duplex is subject to City approval and applicable requirements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$131,190
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,623,800
$2.6M
Cap Rate 7%
$1,874,143
$1.9M
Cap Rate 9%
$1,457,667
$1.5M
Market Conditions
NOI Build-Up for 7,322 SF
Gross rent
$197.7K $27.00/SF
− Vacancy
−$10.3K −$1.40/SF
EGI
$187.4K $25.60/SF
− OpEx
−$56.2K −$7.68/SF
NOI
$131.2K $17.92/SF
Area
Hollywood, FL
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,623,800
Cap Rate 7%
$1,874,143
Cap Rate 9%
$1,457,667
Alternative Uses
Best Use
Multifamily LT 5
$1.87M
$1.64M – $2.19M
NOI $131,190 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$1.74M
$1.53M – $2.03M
NOI $122,043 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$2.86M
$2.51M – $3.34M
NOI $200,506 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
9
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
940
Businesses Nearby
Explore this area
Business Placement
Demographics for 33021, FL
50,091
Population
21,930
Households
2.3
Avg Household Size
43
Median Age
38%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
5,692
Density / Sq Mi
$69,249
Median Household Income
$41,390
Median Earnings
$1,707
Median Rent
$395,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - The rental mix includes four duplexes and one single-family home across two folios.
Where is this multifamily property located?
The property is located at 5619 Mckinley Hollywood, FL.
What is the asking price?
The asking price for this property is $2,599,000.
What are key features of this property?
This property features: Nine rental units across four duplexes and one single‑family home; 7,322 square feet on 0.8 acres across two folios; RM‑9 zoning; possible conversion of the single‑family home to a fifth duplex is subject to City approval and applicable requirements
