Incredible development opportunity in Hollywood! This gem is waiting to be developed, offering various possibilities! The property has an expansive lot size of 45,741 SF (approx. 1.05 acres), Zoned as SR7 RM-18, with a variety of land uses, making it a versatile canvas for your vision. Approved uses include multi-family dwellings, single-family homes, day care facilities, & places of worship. The property features a 3 bed/1 bath home with 1,627 LA SF. Tenant on month to month paying $1,300/mo. Located between Miami and Ft. Lauderdale, accessibility is a huge advantage of this property. Close to Hard Rock Hotel & Casino, Hard Rock Stadium, Hollywood Beach, minutes to major highways simplifying commutes. Also, close to Ft. Lauderdale & Ft. Lauderdale Airport for those who value convenience.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,306
Per Month
Principal & Interest
$6,239
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,814
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Sheridan Hills Elementary School
5001 Thomas St
Distance between this listing and this school0.90 miles
Public District Grades PK-5
Middle School
4
/10
Attucks Middle School
3500 N 22nd Ave
Distance between this listing and this school3.55 miles
Public Magnet Grades 6-8
High School
4
/10
South Broward High School
1901 N Federal Hwy
Distance between this listing and this school4.05 miles
Public Magnet Grades 9-12
Assigned Schools
6
/10
Sheridan Hills Elementary School
5001 Thomas St
Distance between this listing and this school0.90 miles
Public District Grades PK-5
Nearby Schools
4
/10
West Hollywood Elementary School
6301 Hollywood Blvd
Distance between this listing and this school0.98 miles
Public District Grades PK-5
8
/10
Hollywood Park Elementary School
901 NW 69th Way
Distance between this listing and this school1.35 miles
Public District Grades KG-5
Assigned Schools
4
/10
Attucks Middle School
3500 N 22nd Ave
Distance between this listing and this school3.55 miles
Public Magnet Grades 6-8
Nearby Schools
3
/10
Apollo Middle School
6800 Arthur St
Distance between this listing and this school1.26 miles
Public Magnet Grades 6-8
4
/10
Driftwood Middle School
2751 NW 70th Ter
Distance between this listing and this school1.69 miles
Public Magnet Grades 6-8
Assigned Schools
4
/10
South Broward High School
1901 N Federal Hwy
Distance between this listing and this school4.05 miles
Public Magnet Grades 9-12
Nearby Schools
9
/10
Sheridan Technical Center
5400 Sheridan St
Distance between this listing and this school0.79 miles
Public District Grades 9-12
3
/10
McArthur High School
6501 Hollywood Blvd
Distance between this listing and this school0.98 miles
The neighbors living near this home have an average income of $40,440. Residents of Hollywood, FL typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5838 Mckinley St
What is the listing price of this property?
The listing price of 5838 Mckinley St property is $1,250,000.
What type of property is this?
The property 5838 Mckinley St is land located in Hollywood, Florida, 33021.
Is this property for sale now?
Active Listing: 5838 Mckinley St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 5838 Mckinley St are: Sheridan Hills Elementary School: GreatSchools Rating 6/10Attucks Middle School: GreatSchools Rating 4/10South Broward High School: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $9,256 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5838 Mckinley St in Hollywood, FL and zip code 33021 in the 441 Corridor neighborhood. This home sits on a 1.05 acre lot. It has been listed on Rocket Homes since August 01, 2023 and is currently priced at $1,250,000.
Hollywood, FL housing market in April 2024 saw over 15 listings sold above listed price, more than 9 sold at listed price and over 116 sold below. The number of listings in Hollywood, FL increased by 10.3% between March 2024 and April 2024. In April 2024 median list price was $477,633 and the average listing age was 54 days.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Pro Boxing
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Burlington
H&M
Foot Locker
White Castle
Boston Market
Popeyes
Kia
Honda
Nissan
Urban Adult Contemporary
Rhythmic Contemporary Hits
Contemporary Inspirational