Southside Villas 1314 S 20th Ave 5 Unit Apartment Building $999,900 ($199,980/Unit) 5.82% Cap Rate Hollywood, FL 33020

5 Income Producing Units
Property Description
Southside Villas presents an exceptional opportunity to acquire a well-located 5-unit multifamily property in the heart of Hollywood, Florida. Situated just moments from the vibrant ArtsPark 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 benefited from numerous 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.
Southside Villas offers investors the opportunity to acquire a stable multifamily asset in a high-demand rental market with potential for continued income growth and long-term appreciation. The combination of a desirable location, strong rental fundamentals, and proximity to ArtsPark and Downtown Hollywood makes this an attractive addition to any multifamily investment portfolio.
Location Description
Southside Villas is ideally situated in the heart of Hollywood, Florida, between Dixie Highway and US-1, offering residents exceptional connectivity and access to some of South Florida's most desirable amenities. Located just moments from ArtsPark at Young Circle and Downtown Hollywood, the property benefits from a vibrant, pedestrian-friendly environment featuring popular restaurants, cafes, entertainment venues, retail shops, and year-round cultural events.
The property's central location provides convenient access to major transportation corridors including US-1, Dixie Highway, Hollywood Boulevard, and Interstate 95, allowing residents to easily commute throughout Broward and Miami-Dade Counties. Southside Villas is also within close proximity to the Hollywood Tri-Rail Station, Fort Lauderdale-Hollywood International Airport, and major employment centers throughout the region.
Downtown Hollywood has emerged as one of Broward County's most sought-after urban neighborhoods, attracting residents with its unique blend of historic charm, ongoing redevelopment, and walkable lifestyle. Tenants enjoy being just minutes from Hollywood Beach, one of South Florida's premier coastal destinations, while maintaining easy access to shopping, dining, healthcare facilities, and recreational amenities.
With its strategic location between Fort Lauderdale and Miami, strong rental demand, and proximity to Downtown Hollywood's continued growth and investment, Southside Villas offers investors an opportunity to own a multifamily asset in one of South Florida's most dynamic and supply-constrained rental markets.
Location Highlights
+/-0.50 Miles From ArtsPark at Young Circle
+/-0.50 Miles From The Village at Gulfstream park
+/-2.07 Miles From Hollywood Beach Broadwalk
+/-4.01 Miles From Fort Laud-Hollywood International Airport
+/-8.28 Miles From Las Olas Boulevard Fort Lauderdale
+/-10.88 Miles From Miami Beach
Major Employers: Seminole Hard Rock Hotel & Casino Hollywood, Chewy, and Memorial Healthcare System