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Strategic Location Benefits:
Walkable to Publix, ArtsPark at Young Circle, and a range of dining and retail options
Less than 10 minutes to Hollywood Beach and the Broadwalk
Immediate access to U.S. Route 1, I95, and the Tri Rail system
Close to major hospitals and employers such as Memorial Healthcare System, Seminole Hard Rock Hotel & Casino, and Fort Lauderdale/Hollywood International Airport
Hollywood Market Fundamentals:
Occupancy has averaged 95%+ in the local multifamily sector over the last 5 years
Over 59% of households in a 1 mile radius are renters
Median home values in the area exceed $410,000, supporting strong renter demand
Projected 21% income growth and 10% population growth within 1 mile over the next 5 years
Low local unemployment rate of 2.7%
With stable occupancy, embedded rental upside, and proximity to high-density employment, 403 N 19th Avenue offers a rare opportunity to secure a performing multifamily asset in one of South Florida's fastest-growing rental submarkets.
See Documents section for additional information.
Springhouse Valuations is an affiliate of Altisource Online Auction, Inc., which operates Hubzu® and may receive a benefit by referring you to Springhouse Valuations. Click here to review our Affiliated Business Arrangement Disclosure Statement. You are not obligated to use Springhouse Valuations and may choose any provider that best meets your needs.
Property sold in "as is" condition. Seller must approve all terms.
All available information regarding a given commercial property is conveniently located on the property details page and in the documents section of the page. From time to time, new information or documents may become available during the auction period. If that happens, we will promptly update the property details page or add the documents to the documents section. For the most up-to-date property information, we recommend you check the property details page regularly as the auction progresses.
Yes! During the auction process, you might hear from the listing broker or one of the commercial real estate experts we collaborate with. They will reach out to provide more information about the property itself or to guide you through the auction process. Keep an eye out for any communication that can help you make informed decisions.
Before the auction kicks off, there is usually a marketing period lasting anywhere from 15 to 45 days. This window allows all interested buyers ample time to gather information and perform their due diligence. Use this period wisely to analyze the property, review available documentation, and get answers to any questions before the auction begins.
We want you to feel confident throughout the process. If you have any questions that are not addressed on the property details page, do not hesitate to contact the listing agent or representative noted on the page. They are here to assist you and clarify any aspects of the property or bidding process to make sure you are well informed.
It is crucial that all bidders take the time to conduct their own due diligence before placing a bid or offer on Hubzu. Once the auction concludes and the seller selects a bid, the selected bidder will be expected to proceed with the closing process. We encourage all bidders to feel fully prepared before submitting an offer.
If you are the selected bidder at the end of the auction?congratulations! A representative will reach out to you to guide you through the next steps in the process, making sure you are clear on what happens next and how to finalize the transaction. Keep an eye on your inbox or phone!
Yes, before placing a bid, you will need to provide proof of funds. This is an important step to show that you have the financial means to follow through with the transaction if your bid is selected. The process is straightforward, and you can upload your proof of funds directly through the Hubzu platform. Be sure to have this ready before placing your bid to avoid any delays in the process!
