| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Good |
| Demographics | 65th | Good |
| Amenities | 33rd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4200 Sheridan St, Hollywood, FL, 33021, US |
| Region / Metro | Hollywood |
| Year of Construction | 1973 |
| Units | 100 |
| Transaction Date | 2001-02-28 |
| Transaction Price | $5,250,000 |
| Buyer | AVAILABLE NOT |
| Seller | AVAILABLE NOT |
4200 Sheridan St, Hollywood FL Multifamily Value-Add Play
Neighborhood fundamentals point to steady renter demand and near-metro-median occupancy, according to WDSuite’s CRE market data, with strong dining density and above-average schools reinforcing leasing appeal.
This Inner Suburb location in Hollywood sits roughly mid-pack within the Fort Lauderdale–Pompano Beach–Sunrise metro (ranked 182 of 345 neighborhoods; B- rating), signaling balanced fundamentals rather than outlier risk. Neighborhood occupancy trends have inched up over the past five years and sit near the metro middle, a backdrop that supports stable operations for well-managed assets.
Daily-life convenience is mixed. Food-and-beverage access is a clear strength: restaurant and cafe density ranks among the top quartile nationally, and it is competitive within the metro (e.g., restaurants rank 9 of 345; cafes 3 of 345). By contrast, on-neighborhood grocery, park, and pharmacy counts are thin, so residents typically rely on nearby corridors for those needs. For family-oriented renters, average school ratings test in the top quartile nationally and near the top of the metro (rank 16 of 345), which can aid retention.
Within a 3-mile radius, demographic data shows modest population growth in recent years and a larger increase in households with smaller average household size. That pattern expands the tenant base and supports occupancy stability as more households enter the rental market. The renter-occupied share within this 3-mile area sits in the mid-40s, indicating a deep pool of renter households to draw from.
Pricing context is constructive for rentals. This is a high-cost ownership market by national standards (value-to-income in the top decile nationally), which tends to reinforce reliance on multifamily housing and aid lease retention. At the same time, neighborhood rent-to-income metrics are closer to the national middle, suggesting manageable affordability pressure that supports ongoing leasing and renewals. According to CRE market data from WDSuite, neighborhood housing and NOI-per-unit indicators trend above national medians, underscoring competitive income potential for well-positioned assets.
WDSuite does not report comparable crime metrics for this neighborhood in the current dataset. Investors typically evaluate safety by comparing neighborhood trends with broader city and metro patterns over multiple years, alongside property-level measures and management practices.
The employment base includes major corporate offices within commuting distance, supporting a diverse renter pool and lease retention. Nearby anchors include AutoNation, Johnson & Johnson, Mosaic, Ryder System, and World Fuel Services.
- AutoNation — auto retail HQ (6.6 miles) — HQ
- Johnson & Johnson — healthcare & consumer products (11.2 miles)
- Mosaic — chemicals & fertilizer (15.7 miles)
- Ryder System — logistics & transportation (16.8 miles) — HQ
- World Fuel Services — energy services (18.5 miles) — HQ
Built in 1973, this 100-unit asset offers a classic value-add profile: vintage positioning that can benefit from targeted modernization, set within a neighborhood showing steady occupancy and a renter base supported by strong dining amenities and top-quartile school ratings. According to CRE market data from WDSuite, neighborhood performance indicators sit near metro medians with above-national housing and NOI-per-unit standing, suggesting room to capture income through execution rather than relying on outsized market beta.
Within a 3-mile radius, households have expanded and average household size has trended lower, effectively widening the tenant pool. Coupled with a high-cost ownership landscape locally, this supports rental demand depth and lease retention, while moderate rent-to-income positioning helps manage affordability pressure. The scale of 100 units provides operating efficiencies for renovations, revenue management, and resident services.
- 1973 vintage creates identifiable value-add and capital planning opportunities
- Steady neighborhood occupancy near metro median supports income durability
- High-cost ownership market reinforces reliance on rentals and retention
- Top-quartile schools and strong dining density aid leasing appeal
- Risks: older physical plant and limited on-neighborhood daily-needs amenities require active asset management