5300 Washington St Unit N117 · Hollywood, FL 33021

$109,000

1 bd · 1.5 ba · 720 sqft · Condo · 198 Days on market

Built 1970 $545/mo HOA · 32% of rent

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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 +14.9/30.0
• 1% rule +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +4.6/10.0
• 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

Listing remarks MLS

FABULOUS, FULLY FURNISHED, REMODELED 1ST FLOOR CONDO. NEW APPLIANCES. MURPHY BED IN LIVING ROOM FOR EXTRA COMPANY. BRAND NEW FLAT SCREEN TV. TILED THROUGHOUT!FRESHLY PAINTED. UPDATED BATHROOMS. DECORATOR FRONT DOOR. NEWLY SCREENED PATIO WITH TILE. MANY SOCIAL ACTIVITIES TO ENJOY!ASSOCIATION REQUIRES 20% DOWN AND 1 YEARS MAINTENANCE PAID IN ADVANCE.

Key facts

• Gated community
• Garden view
• Remodeled kitchen

Tags

• GARDEN VIEW
• REMODELED KITCHEN
• GATED COMMUNITY
• TILE FLOORING
• NEW AC
• NEW WINDOW TREATMENTS

Property features AI

Finance

• Financial info: Pets: Conditional (restrictions or possible restrictions)
• HOA & community: Monthly association fee; Association amenities include clubhouse, pool, laundry, billiard room, library, barbecue/picnic area, shuffleboard court, storage, recreation facilities; Association fee covers amenities, common areas, laundry, maintenance (grounds and structure), pool(s), roof, sewer, security, trash, water, and reserve fund; Senior community

Exterior

• Parking: Assigned parking; Guest parking; One parking space
• Security: Complex fenced; Key card entry; Phone entry; Security guard; Smoke detectors
• Utilities: Cable available; Water included in association; Sewer included in association; Trash included in association; Power available
• Home design: 3-story building; Property attached (townhome/condo style); Entry on level 1; Faces east
• Construction: Block construction; Resale property
• Exterior features: Balcony; Barbecue; Courtyard; Screened balcony; Exterior lighting

Interior

• Kitchen: Dishwasher; Electric range; Refrigerator
• Bedrooms: Bedroom on main level
• Flooring: Ceramic tile
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Blinds; French doors; Furnished; Breakfast bar; First floor entry; Living/dining room; Tub/shower
• Laundry & utility: Common area laundry

What this means for you Summary

Snapshot

• This is a 1-bed/1.5-bath condo listed at $109k.

Deal economics

• At list price, monthly cash flow is $32 ($389/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $109k).
• Recommended offer: $96k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.6% 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 $754 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 198 days — a 12% lower offer ($96k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 20y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $36k; list at $109k implies a 203% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 32% 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 $95,920 (12.0% below list)

Questions for the listing agent

1. It's been on market 198 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 1970 — 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: 1.55% ✓
• Cap rate: 6.65%
• Cash-on-cash: 1.27%
• DSCR: 1.06
• GRM: 5.4

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: -15.0%
• Equity multiple: 0.47×
• Total profit: $-16,234
• Equity at exit: $16,252

10-year hold

• IRR: -7.5%
• Equity multiple: 0.54×
• Total profit: $-14,048
• Equity at exit: $9,424

Cash invested: $30,520 (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.

Methodology + full state rankings →

ZIP-level market 33021

• Rents YoY: 2.4%
• Active inventory: 529
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $1,684 high
• Mortgage (P&I): −$572
• Tax est. 1.5%: −$136 /mo · $1,635/yr
• Insurance: −$45
• HOA: −$545
• Vacancy / Maint / Mgmt: −$354
• Net cashflow: $32

Break-even live

Break-even rent $1,643

Max offer price $109,000

Occupancy floor 93%

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: $27,250
• Closing costs: $3,270
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/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	10d	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	16d	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	16d	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: $545 · $6,540/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 19 events

1. 2026-06-18
   days on market $109,000 Active 198 DOM
2. 2026-06-17
   days on market $109,000 Active 197 DOM
3. 2026-06-16
   days on market $109,000 Active 196 DOM
4. 2026-06-15
   days on market $109,000 Active 195 DOM
5. 2026-06-13
   days on market $109,000 Active 193 DOM
6. 2026-06-09
   days on market $109,000 Active 189 DOM
7. 2026-06-07
   days on market $109,000 Active 187 DOM
8. 2026-06-04
   days on market $109,000 Active 184 DOM
9. 2026-06-03
   days on market $109,000 Active 183 DOM
10. 2026-06-02
    days on market $109,000 Active 182 DOM
11. 2026-06-01
    days on market $109,000 Active 181 DOM
12. 2026-05-31
    days on market $109,000 Active 180 DOM
13. 2025-11-28
    listed $109,000 Active
14. 2011-02-07
    soldstatus $36,000 350-char remark

    Show marketing remark (350 chars)

    FABULOUS, FULLY FURNISHED, REMODELED 1ST FLOOR CONDO. NEW APPLIANCES. MURPHY BED IN LIVING ROOM FOR EXTRA COMPANY. BRAND NEW FLAT SCREEN TV. TILED THROUGHOUT!FRESHLY PAINTED. UPDATED BATHROOMS. DECORATOR FRONT DOOR. NEWLY SCREENED PATIO WITH TILE. MANY SOCIAL ACTIVITIES TO ENJOY!ASSOCIATION REQUIRES 20% DOWN AND 1 YEARS MAINTENANCE PAID IN ADVANCE.

15. 2011-01-18
    historical 350-char remark

    Show marketing remark (350 chars)

    FABULOUS, FULLY FURNISHED, REMODELED 1ST FLOOR CONDO. NEW APPLIANCES. MURPHY BED IN LIVING ROOM FOR EXTRA COMPANY. BRAND NEW FLAT SCREEN TV. TILED THROUGHOUT!FRESHLY PAINTED. UPDATED BATHROOMS. DECORATOR FRONT DOOR. NEWLY SCREENED PATIO WITH TILE. MANY SOCIAL ACTIVITIES TO ENJOY!ASSOCIATION REQUIRES 20% DOWN AND 1 YEARS MAINTENANCE PAID IN ADVANCE.

16. 2010-01-21
    listed $69,900 350-char remark

    Show marketing remark (350 chars)

    FABULOUS, FULLY FURNISHED, REMODELED 1ST FLOOR CONDO. NEW APPLIANCES. MURPHY BED IN LIVING ROOM FOR EXTRA COMPANY. BRAND NEW FLAT SCREEN TV. TILED THROUGHOUT!FRESHLY PAINTED. UPDATED BATHROOMS. DECORATOR FRONT DOOR. NEWLY SCREENED PATIO WITH TILE. MANY SOCIAL ACTIVITIES TO ENJOY!ASSOCIATION REQUIRES 20% DOWN AND 1 YEARS MAINTENANCE PAID IN ADVANCE.

17. 2007-02-15
    soldstatus $72,500 258-char remark

    Show marketing remark (258 chars)

    BEST DEAL! FRESHLY PAINTED, FULLY FURNISHED 1 BEDROOM AND 1+1/2 BATH - ENJOY THE VIEW OF THE POOL & GARDEN FROM THE NEWLY SCREENED PATIO. THIS UNIT IS PRICED TO SELL FAST. HOUSING FOR OLDER PERSONS. ASSOCIATION REQUIRES 20% DOWN & 1 YEARS MAINTENANCE

18. 2007-02-07
    historical 258-char remark

    Show marketing remark (258 chars)

    BEST DEAL! FRESHLY PAINTED, FULLY FURNISHED 1 BEDROOM AND 1+1/2 BATH - ENJOY THE VIEW OF THE POOL & GARDEN FROM THE NEWLY SCREENED PATIO. THIS UNIT IS PRICED TO SELL FAST. HOUSING FOR OLDER PERSONS. ASSOCIATION REQUIRES 20% DOWN & 1 YEARS MAINTENANCE

19. 2006-09-21
    listed $82,900 258-char remark

    Show marketing remark (258 chars)

    BEST DEAL! FRESHLY PAINTED, FULLY FURNISHED 1 BEDROOM AND 1+1/2 BATH - ENJOY THE VIEW OF THE POOL & GARDEN FROM THE NEWLY SCREENED PATIO. THIS UNIT IS PRICED TO SELL FAST. HOUSING FOR OLDER PERSONS. ASSOCIATION REQUIRES 20% DOWN & 1 YEARS MAINTENANCE

ⓘ 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

Taxation est. · year 1

• Rental income: $20,212
• − Mortgage interest: −$6,106
• − Property taxes: −$1,635
• − Insurance: −$545
• − Repairs & maintenance: −$1,617
• − Management: −$1,617
• − HOA: −$6,540
• − Depreciation: −$3,171
• Taxable loss: −$1,018
• Est. tax savings @ 24.0%: +$244
• After-tax cash flow: $633/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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+31.5% since first listed

7 events — show timeline

• 2025-11-28 Listed $109,000 MARMLS
• 2011-02-07 Sold (MLS) $36,000 Beaches MLS
• 2011-01-18 Listing Removed — Beaches MLS
• 2010-01-21 Listed $69,900 Beaches MLS
• 2007-02-15 Sold (MLS) $72,500 Beaches MLS
• 2007-02-07 Listing Removed — Beaches MLS
• 2006-09-21 Listed $82,900 Beaches MLS