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5300 Washington St Unit E207
C+ Composite 60.84
Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +22.6/30.0
  • 1% rule +10.0/10.0
  • ARV discount +7.5/15.0
  • DSCR +7.2/10.0
  • Schools +4.1/10.0
  • Livability +3.8/5.0
  • Rent growth +3.1/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$94,000

5300 Washington St Unit E207 · Hollywood, FL 33021
1 bd · 1.0 ba · 720 sqft · Condo · 154 Days on market
Built 1968 $521/mo HOA · 31% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

FULLY FURNISHED CONDO. TILED THROUGHOUT EVEN IN THE PATIO. NEW STOVE, MICROWAVE AND NEWER REFRIGERATOR. FRESHLY PAINTED. NEW A/C UNIT LESS THAN 2 YEARS OLD. ENJOY THE LOVELY VIEW OF THE POOL AND GARDEN FROM THE SCREENED PATIO. MANY SOCIAL ACTIVITIES TO ENJOY. ASSOCIATION REQUIRES 20% DOWN AND 1 YEARS MAINTENANCE PAID IN ADVANCE.

Key facts

  • Quartz countertops
  • Outdoor dining area
  • Screened porch

Tags

UPDATED KITCHENFURNITURE-GRADE CABINETRYQUARTZ COUNTERTOPSSTAINLESS STEEL APPLIANCESSCREENED PORCHOUTDOOR DINING AREA

Property features AI

Finance

  • Financial info: Pets not allowed
  • HOA & community: Monthly association fee; Association fee includes internet, laundry, structure maintenance, sewer, trash, and water; Association amenities include clubhouse, fitness center, billiard room, library, pool, shuffleboard court, elevator(s), laundry, and trash; Senior community

Exterior

  • Parking: Guest parking; One assigned space
  • Security: Complex fenced; Phone entry
  • Utilities: Public water; Public sewer
  • Home design: Attached property; 3 stories; Entry on level 2; Resale
  • Construction: Block construction
  • Exterior features: Enclosed porch; Porch (screened); Association pool

Interior

  • Kitchen: Electric range; Microwave; Refrigerator; Electric water heater
  • Bedrooms: Bedroom on main level
  • Flooring: Tile; Vinyl
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Central heating; Central air; Ceiling fan(s)
  • Interior features: Breakfast bar; Living/dining room; Tub/shower; Bedroom on main level
  • Laundry & utility: Common area laundry

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath condo listed at $94k.

Deal economics

  • At list price, monthly cash flow is $160 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $94k).
  • Recommended offer: $83k (12.0% below list) — sets the bar for market timing.
  • Cap rate 8.3% vs local median 3.2% in Hollywood — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 76/100 on livability (#232 in FL, #3,548 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, crime B+; Watch: amenities D.
  • Broward (suburban): math 42% / reading 53% proficiency, ranked #46 of 73 in FL (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising (+2.4%/yr); 529 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $650 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Broward County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 154 days — a 12% lower offer ($83k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 12y ago; this cycle's ask has dropped $16k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $46k; list at $94k implies a 104% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: HOA is 31% of rent.
  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $82,720 (12.0% below list)

Questions for the listing agent

  1. It's been on market 154 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.79%
Cap rate
8.34%
Cash-on-cash
7.30%
DSCR
1.32
GRM
4.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.41% rent growth · sell at horizon

5-year hold
IRR
-5.9%
Equity multiple
0.78×
Total profit
$-5,688
Equity at exit
$14,016
10-year hold
IRR
3.0%
Equity multiple
1.21×
Total profit
$5,546
Equity at exit
$8,127

Cash invested: $26,320 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 33021

Rents YoY
2.4%
Active inventory
529
Price-to-rent
4.7×

Monthly cashflow live

Estimated rent
$1,684 high interval (Pro) →
Mortgage (P&I)
$493
Tax est. 1.5%
$118 /mo · $1,410/yr
Insurance
$39
HOA
$521
Vacancy / Maint / Mgmt
$354
Net cashflow
$160

Break-even live

Break-even rent $1,482
Max offer price $94,000
Occupancy floor 86%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$23,500
Closing costs
$2,820
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
5500 Washington St Hollywood, FL 1.0–3.0 1.0–2.0 1000 $1,590 $1.59 3d 18 0.16mi
4917 Washington St Hollywood, FL 1.0 1.0 600 $1,300 $2.17 7d 1 0.24mi
5685 Flagler St Unit 2 Hollywood, FL 2.0 1.0 420 $1,900 $4.52 14d 1 0.40mi
5685 Flagler St Unit 2 Hollywood, FL 2.0 1.0 420 $1,900 $4.52 3d 1 0.40mi
5821 Washington St Hollywood, FL 1.0 1.0 650 $1,775 $2.73 24d 2 0.43mi
5835 Washington St #52 Hollywood, FL 1.0 1.0 650 $1,625 $2.50 11d 1 0.46mi
5835 Washington St #52 Hollywood, FL 1.0 1.0 650 $1,600 $2.46 5d 1 0.46mi
5901 Washington St #247 Hollywood, FL 1.0 1.0 650 $1,600 $2.46 24d 1 0.47mi
5901 Washington St #247 Hollywood, FL 1.0 1.0 650 $1,650 $2.54 7d 1 0.47mi
5740 Mayo St #4 Hollywood, FL 2.0 1.0 550 $1,895 $3.45 24d 1 0.48mi
900 Tallwood Ave #207 Hollywood, FL 1.0 1.0 640 $1,575 $2.46 20d 1 0.54mi
5981 Washington St #219 Hollywood, FL 1.0 1.0 450 $1,500 $3.33 24d 1 0.54mi
5401 SW 20th St Unit B West Park, FL 1.0 1.0 600 $1,500 $2.50 24d 1 0.57mi
5849 Wiley St Hollywood, FL 1.0 1.0 350 $1,475 $4.21 24d 1 0.59mi
5230 Hollywood Blvd Hollywood, FL 1.0–4.0 1.0–2.0 956 $1,500 $1.57 24d 1 0.61mi
5112 Hollywood Blvd Hollywood, FL 1.0–2.0 1.0 727 $1,600 $2.20 19d 2 0.61mi
5112 Hollywood Blvd #3 Hollywood, FL 1.0 1.0 650 $1,550 $2.38 17d 1 0.61mi
5420 Hollywood Blvd Unit 208 Hollywood, FL 1.0 1.0 700 $1,775 $2.54 4d 1 0.62mi
5420 Hollywood Blvd Unit 208 Hollywood, FL 1.0 1.0 700 $1,775 $2.54 3d 1 0.62mi
5931 Wiley St Unit 5931 Hollywood, FL 1.0 1.0 650 $1,600 $2.46 24d 1 0.66mi
5141 Hollywood Blvd Unit 209 Hollywood, FL 2.0 1.0 700 $2,175 $3.11 3d 1 0.66mi
5141 Hollywood Blvd Apt 206 Hollywood, FL 1.0 1.0 700 $1,825 $2.61 3d 1 0.67mi
4933 Hollywood Blvd Unit 5420-202 Hollywood, FL 1.0 1.0 650 $1,750 $2.69 22d 1 0.68mi
4933 Hollywood Blvd Unit 5141-206 Hollywood, FL 1.0 1.0 650 $1,750 $2.69 24d 1 0.68mi
4130 SW 19th St Unit 3 West Park, FL 1.0 1.0 450 $1,400 $3.11 20d 1 0.87mi
5819 Polk St Unit 4 Hollywood, FL 1.0 1.0 602 $1,425 $2.37 15d 1 0.95mi
5819 Polk St Apt 2 Hollywood, FL 1.0 1.0 682 $1,559 $2.29 7d 1 0.95mi
532 S Crescent Dr Unit 106 Hollywood, FL 1.0 550 $1,425 $2.59 14d 1 0.99mi
5807 SW 25th St West Park, FL 1.0 500 $1,495 $2.99 7d 1 0.99mi
504 N 57th Ave Unit N Hollywood, FL 1.0 1.0 496 $1,575 $3.18 20d 1 0.99mi
315 S Crescent Dr Hollywood, FL 1.0 544 $1,425 $2.62 15d 1 1.01mi
1 Main St Miramar, FL 3.0 1.0–3.0 1023 $2,273 $2.22 1d 36 1.02mi
3711 Van Buren St #2 Hollywood, FL 1.0 1.0 660 $1,550 $2.35 24d 1 1.08mi
6025 Polk St Apt 8 Hollywood, FL 1.0 1.0 700 $1,400 $2.00 24d 1 1.12mi
6129 SW 22nd St Miramar, FL 2.0 1.0 674 $2,200 $3.26 15d 1 1.12mi
6129 SW 22nd St Miramar, FL 2.0 1.0 674 $2,200 $3.26 17d 1 1.12mi
3601 Van Buren St Hollywood, FL 1.0–2.0 1.0–2.0 941 $1,725 $1.83 3d 3 1.14mi
6031 Polk St Unit 4 Hollywood, FL 1.0 1.0 644 $1,425 $2.21 24d 1 1.14mi
6014 Fillmore St Hollywood, FL 1.0 1.0 450 $1,425 $3.17 4d 1 1.17mi
6014 Fillmore St Hollywood, FL 1.0 1.0 420 $1,449 $3.45 14d 1 1.17mi

HOA detail condo

Monthly dues
$521 · $6,252/yr
Likely covers
pool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 21 events

  1. 2026-06-18
    days on market $94,000 Active 154 DOM
  2. 2026-06-17
    days on market $94,000 Active 153 DOM
  3. 2026-06-16
    days on market $94,000 Active 152 DOM
  4. 2026-06-15
    days on market $94,000 Active 151 DOM
  5. 2026-06-13
    days on market $94,000 Active 149 DOM
  6. 2026-06-09
    days on market $94,000 Active 145 DOM
  7. 2026-06-07
    days on market $94,000 Active 143 DOM
  8. 2026-06-04
    days on market $94,000 Active 140 DOM
  9. 2026-06-03
    days on market $94,000 Active 139 DOM
  10. 2026-06-02
    days on market $94,000 Active 138 DOM
  11. 2026-06-01
    days on market $94,000 Active 137 DOM
  12. 2026-05-31
    days on market $94,000 Active 136 DOM
  13. 2026-05-20
    price $94,000
  14. 2026-04-06
    price $99,900
  15. 2026-02-11
    price $103,500
  16. 2026-01-14
    listed $109,999 Active
  17. 2014-08-28
    soldstatus $46,000 Closed 330-char remark
    Show marketing remark (330 chars)

    FULLY FURNISHED CONDO. TILED THROUGHOUT EVEN IN THE PATIO. NEW STOVE, MICROWAVE AND NEWER REFRIGERATOR. FRESHLY PAINTED. NEW A/C UNIT LESS THAN 2 YEARS OLD. ENJOY THE LOVELY VIEW OF THE POOL AND GARDEN FROM THE SCREENED PATIO. MANY SOCIAL ACTIVITIES TO ENJOY. ASSOCIATION REQUIRES 20% DOWN AND 1 YEARS MAINTENANCE PAID IN ADVANCE.

  18. 2014-08-13
    status Pending 330-char remark
    Show marketing remark (330 chars)

    FULLY FURNISHED CONDO. TILED THROUGHOUT EVEN IN THE PATIO. NEW STOVE, MICROWAVE AND NEWER REFRIGERATOR. FRESHLY PAINTED. NEW A/C UNIT LESS THAN 2 YEARS OLD. ENJOY THE LOVELY VIEW OF THE POOL AND GARDEN FROM THE SCREENED PATIO. MANY SOCIAL ACTIVITIES TO ENJOY. ASSOCIATION REQUIRES 20% DOWN AND 1 YEARS MAINTENANCE PAID IN ADVANCE.

  19. 2014-06-18
    status Active 330-char remark
    Show marketing remark (330 chars)

    FULLY FURNISHED CONDO. TILED THROUGHOUT EVEN IN THE PATIO. NEW STOVE, MICROWAVE AND NEWER REFRIGERATOR. FRESHLY PAINTED. NEW A/C UNIT LESS THAN 2 YEARS OLD. ENJOY THE LOVELY VIEW OF THE POOL AND GARDEN FROM THE SCREENED PATIO. MANY SOCIAL ACTIVITIES TO ENJOY. ASSOCIATION REQUIRES 20% DOWN AND 1 YEARS MAINTENANCE PAID IN ADVANCE.

  20. 2014-06-13
    status Pending 330-char remark
    Show marketing remark (330 chars)

    FULLY FURNISHED CONDO. TILED THROUGHOUT EVEN IN THE PATIO. NEW STOVE, MICROWAVE AND NEWER REFRIGERATOR. FRESHLY PAINTED. NEW A/C UNIT LESS THAN 2 YEARS OLD. ENJOY THE LOVELY VIEW OF THE POOL AND GARDEN FROM THE SCREENED PATIO. MANY SOCIAL ACTIVITIES TO ENJOY. ASSOCIATION REQUIRES 20% DOWN AND 1 YEARS MAINTENANCE PAID IN ADVANCE.

  21. 2014-04-02
    listed $49,000 Active 330-char remark
    Show marketing remark (330 chars)

    FULLY FURNISHED CONDO. TILED THROUGHOUT EVEN IN THE PATIO. NEW STOVE, MICROWAVE AND NEWER REFRIGERATOR. FRESHLY PAINTED. NEW A/C UNIT LESS THAN 2 YEARS OLD. ENJOY THE LOVELY VIEW OF THE POOL AND GARDEN FROM THE SCREENED PATIO. MANY SOCIAL ACTIVITIES TO ENJOY. ASSOCIATION REQUIRES 20% DOWN AND 1 YEARS MAINTENANCE PAID IN ADVANCE.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 6 d/yr ≥105°F today · 24 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$20,212
− Mortgage interest
−$5,265
− Property taxes
−$1,410
− Insurance
−$470
− Repairs & maintenance
−$1,617
− Management
−$1,617
− HOA
−$6,252
− Depreciation
−$2,735
Taxable income
$846
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$203
After-tax cash flow
$1,717/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Broward
NCES district ID
1200180
Math proficiency
42% ▼ -18.00%
Reading proficiency
53% ▼ -5.00%
Median HH income
$52,139
Composite
40.88/100
National rank
#3621
State rank
#46 of 73 in FL

Livability — Hollywood

Score
76/100
State rank
#232
US rank
#3548

Category grades

Amenities D Commute A+ Cost of living C+ Crime B+ Employment C Housing A+ Health & safety B+ User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Hollywood, FL
County
Broward County · 1,963,430 people
City population
109,079
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
48,464
Household income
$71,318
Rent vs Own
32.1% rent · 67.9% own
Severe rent burden
2151.0

Population outlook (Broward County) Hauer SSP2

Today (2025)
2,207,033 people
By 2030
2,360,704 · +7.0%
By 2040
2,661,208 · +20.6%
By 2050
2,946,698 · +33.5%
By 2075
3,602,273 · +63.2%
By 2100
3,970,984 · +79.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.65)
Race & ethnicity
White 45% Hispanic / Latino 37% Two or more races 17% Black 13% Asian 3%
Hispanic origin (detail)
Puerto Rican 5% Cuban 10% Dominican 2%
Common ancestry
Romanian 3% Scotch-Irish 2% Hispanic 2%
Foreign-born
35% · Canada, Jamaica, Dominican Republic
Languages at home
53% English-only · Spanish 33% French/Haitian/Cajun 4% Russian/Polish/Slavic 2%

Political lean MEDSL · Broward

2024 margin
D (+17.0) · D 58.0% · R 41.0%
2008→2024 swing
-17.8pp toward R · 2008: 34.7pp · 2024: 17.0pp
All cycles
2024: D+17.0 2020: D+29.8 2016: D+35.0 2012: D+34.9 2008: D+34.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -404.28%
Current HPI
429.7129
Rent YoY
▲ 2.41%
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+91.8% since first listed
9 events — show timeline
  • 2026-05-20 Price Changed $94,000 MARMLS
  • 2026-04-06 Price Changed $99,900 MARMLS
  • 2026-02-11 Price Changed $103,500 MARMLS
  • 2026-01-14 Listed $109,999 MARMLS
  • 2014-08-28 Sold (MLS) $46,000 Beaches MLS
  • 2014-08-13 Pending Beaches MLS
  • 2014-06-18 Relisted Beaches MLS
  • 2014-06-13 Pending Beaches MLS
  • 2014-04-02 Listed $49,000 Beaches MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…