Southside Villas presents an exceptional opportunity to acquire a well-located 5-income producing unit multifamily property in the heart of Hollywood, Florida. Situated just moments from the vibrant Arts Park at Young Circle, the property offers residents convenient access to Downtown Hollywood's thriving dining, entertainment, shopping, and cultural destinations. Hollywood continues to experience strong population growth, ongoing redevelopment, and increasing rental demand driven by its strategic location between Fort Lauderdale and Miami. The property's central location places tenants within minutes of Hollywood Beach, Memorial Regional Hospital, Fort Lauderdale-Hollywood International Airport, and numerous employment centers throughout South Florida. The property has seen capital improvements, providing investors with a strong foundation for long-term ownership. Recent upgrades include the installation of hurricane impact windows, enhancing both safety and operational efficiency while reducing future capital expenditure requirements. Additional improvements have contributed to the property's overall appeal and tenant retention, and upgraded kitchen and bathroom in one unit positioning Southside Villas as a value-add investment with continued upside potential.
| MLS # | B26065061 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 11 |
| Listing Provided By | Open Market Residential LLC | Steven R Paulsen |
| SQ Feet | 2,901 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Zoning | PS-1 |
| Acreage | 0.18 |
| Lot Features | Less Than One Acre, Less Than Quarter Acre |
|---|
| Tax Annual Amount | 13803 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3050 |
| Subarea | Hollywood East (3010 3050) |
| Community Name | SOUTH SIDE PARK |
| Listing VS Median (in SOUTH SIDE PARK) | |
Price: $924,900 low | high Med: $500,000 sqft: 2,901 low | high Med: 1,621 $ / sqft: $319 low | high Med: $308 On site: 11 low | high Med: 53 | |
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3050 |
| Subarea | Hollywood East (3010 3050) |
| Community Name | SOUTH SIDE PARK |
| Listing VS Median (in SOUTH SIDE PARK) | |
Price: $924,900 low | high Med: $500,000 sqft: 2,901 low | high Med: 1,621 $ / sqft: $319 low | high Med: $308 On site: 11 low | high Med: 53 | |