About this home
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.
Listing last checked: Listing updated:
Listed by Steven R Paulsen · Open Market Residential LLC · MLS #B26065061
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Details at a glance
Interior3 property facts
- Heating
- Central, Wall Furnace
- Cooling
- Central Air, Wall/Window Unit(s)
- Flooring
- Tile
Building4 property facts
- Style
- Quadruplex
- Year built
- 1964
- Parking
- 5
- Roof
- Flat, Shingle
Land & utilities4 property facts
- Lot size
- 0.18 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- PS-1
Financial2 property facts
- Annual taxes
- $13,804
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $899,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,701 / monthAdjust
- Principal & interest
- $4,550
- Property tax
- $1,150
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $13,804. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 1314 S 20TH Avenue
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