| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Fair |
| Demographics | 27th | Poor |
| Amenities | 12th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3252 SW 52nd Ave, Hollywood, FL, 33023, US |
| Region / Metro | Hollywood |
| Year of Construction | 1973 |
| Units | 90 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3252 SW 52nd Ave, Hollywood FL Multifamily Opportunity
Renter-occupied concentration in the surrounding neighborhood supports a deep tenant base and helps stabilize occupancy, according to WDSuite’s CRE market data. Positioned in Broward County, the asset benefits from metro-scale demand drivers even as local amenities are limited.
The property sits within Hollywood’s Urban Core, where neighborhood-level occupancy trends are roughly in line with national norms, helping underpin leasing stability for workforce-oriented product. Neighborhood rent levels and home values trend above national medians, which can translate to steady renter demand as households weigh cost-of-ownership versus multifamily options. These figures reflect neighborhood metrics, not the property.
Renter-occupied housing represents a very high share of neighborhood units (ranked near the top among 345 metro neighborhoods), signaling a broad tenant pool for 1–2 bedroom formats. That depth can support absorption and renewal velocity, though elevated rent-to-income ratios imply closer attention to lease management and pricing.
Local amenity density skews limited versus the Fort Lauderdale-Pompano Beach-Sunrise metro median, with few cafes, groceries, parks, or pharmacies within the immediate neighborhood. Restaurant density is a relative bright spot (around the 72nd percentile nationally), which modestly enhances livability. Average school ratings in the neighborhood trend below national averages; investors should calibrate marketing and tenant-mix expectations accordingly.
Within a 3-mile radius, population and household counts have grown and are projected to continue increasing, expanding the potential renter pool. Households are expected to rise further alongside a gradual decrease in average household size, which generally supports demand for conventional multifamily units. These dynamics, based on commercial real estate analysis from WDSuite, point to sustained renter interest even as operating discipline remains important.
Neighborhood safety indicators are mixed. Overall crime sits slightly better than the national midpoint (around the 52nd percentile for safety), indicating performance close to national averages compared with neighborhoods nationwide.
Property-related offenses show improvement, with estimated rates trending down over the past year (stronger than many peer areas nationally). Violent offense indicators, however, are closer to the national median and have recently moved higher. In metro context, the neighborhood ranks mid-pack among 345 Fort Lauderdale-Pompano Beach-Sunrise neighborhoods; investors should plan for standard security features and proactive property management to support resident comfort and retention.
Proximity to major corporate offices supports a broad commuter tenant base and can help retention through convenience to key employment nodes. Notable nearby employers include Johnson & Johnson, AutoNation, Mosaic, Ryder System, and World Fuel Services.
- Johnson & Johnson — healthcare & consumer products offices (8.3 miles)
- AutoNation — automotive retail (10.1 miles) — HQ
- Mosaic — fertilizer & industrial chemicals (12.6 miles)
- Ryder System — logistics & transportation (14.2 miles) — HQ
- World Fuel Services — energy & fuel management (15.4 miles) — HQ
3252 SW 52nd Ave is a 90-unit, garden-style asset built in 1973, positioning it slightly older than the neighborhood’s average vintage. That age profile can offer value-add potential through targeted interior upgrades and system modernization, while the surrounding area’s renter-occupied concentration supports a sizable tenant base. Neighborhood occupancy performance trends near national norms, and elevated ownership costs in the metro help sustain reliance on rental housing, bolstering demand for well-managed units.
Within a 3-mile radius, population and household growth—paired with a projected reduction in average household size—support a larger renter pool over the medium term. Balanced against these tailwinds are affordability pressures (high rent-to-income at the neighborhood level) and modest amenity access, which argue for disciplined lease management and resident experience investments. According to CRE market data from WDSuite, these fundamentals align with steady, needs-based renter demand while leaving room for operational and renovation-driven upside.
- High renter-occupied share in the neighborhood supports tenant depth and renewal potential
- 1973 vintage offers value-add and CapEx-driven upside versus newer competitive stock
- Household and population growth within 3 miles expands the future renter pool
- Elevated ownership costs in the metro reinforce sustained multifamily demand
- Risks: neighborhood affordability pressure (high rent-to-income) and limited immediate amenities require proactive leasing and resident programming