929 n south lake dr hollywood – 929 N South Lake Dr, Hollywood beckons you into a world of opulence and tranquility, where every detail has been meticulously crafted to evoke a sense of grandeur and timeless elegance. Step into this architectural masterpiece and embark on a journey that will redefine your expectations of luxury living.
Nestled amidst the vibrant neighborhood of Hollywood, this exceptional property exudes an aura of sophistication and charm. Its prime location places you within easy reach of renowned attractions, upscale dining, and world-class entertainment.
Property Details
Nestled in the heart of Hollywood, Florida, 929 N South Lake Dr stands as a testament to modern luxury and sophisticated living. This magnificent property boasts a prime location, offering breathtaking views of the shimmering waters of Lake Hollywood and the vibrant cityscape beyond.
Spanning over 6,000 square feet, this sprawling residence features six generously sized bedrooms and seven elegantly appointed bathrooms. The open-concept floor plan seamlessly integrates indoor and outdoor living spaces, creating an unparalleled sense of spaciousness and tranquility.
Exquisite Features, 929 n south lake dr hollywood
- Floor-to-ceiling windows flood the home with natural light, showcasing the stunning lakefront views from every room.
- A gourmet kitchen fit for a culinary enthusiast, complete with state-of-the-art appliances, a massive center island, and a breakfast nook overlooking the lake.
- A grand living room with a soaring ceiling, a cozy fireplace, and direct access to the expansive outdoor terrace.
- A luxurious master suite offering a private balcony, a spa-like bathroom with dual vanities, and a walk-in closet with custom built-ins.
Unparalleled Amenities
- A private dock for easy access to the lake, perfect for boating, fishing, or simply enjoying the serene waterfront setting.
- A sparkling swimming pool and spa, surrounded by a lush tropical landscape, providing a tranquil oasis for relaxation and entertainment.
- A state-of-the-art home theater, complete with plush seating, a large screen, and a premium sound system.
- A fully equipped fitness center, allowing for convenient workouts within the comfort of your own home.
Exceptional Location
929 N South Lake Dr is strategically located in the prestigious Hollywood Lakes neighborhood. This sought-after community offers a prime location near the Hollywood Beach Boardwalk, fine dining restaurants, upscale shopping, and renowned entertainment venues. Residents enjoy easy access to major highways, making it a convenient commute to Miami, Fort Lauderdale, and beyond.
Neighborhood Overview
Nestled in the vibrant city of Hollywood, 929 N South Lake Dr enjoys a prime location surrounded by a diverse and thriving neighborhood. The area is a harmonious blend of residential charm and urban convenience, offering residents an exceptional quality of life.
The neighborhood is predominantly residential, with a mix of single-family homes, townhouses, and apartments. The homes are well-maintained and reflect a variety of architectural styles, adding to the area’s visual appeal. The streets are lined with mature trees, creating a serene and inviting atmosphere.
Demographics
The neighborhood surrounding 929 N South Lake Dr is home to a diverse population. Families, young professionals, and retirees all contribute to the vibrant community. The median age is 35, indicating a youthful and energetic population.
The area is also home to a significant international community, with residents hailing from all corners of the globe. This diversity adds a rich cultural tapestry to the neighborhood, fostering a sense of inclusivity and global awareness.
Local Attractions
The neighborhood boasts a wealth of local attractions that cater to diverse interests. The nearby Hollywood Beach offers miles of pristine coastline, perfect for swimming, sunbathing, and enjoying water sports. The Hollywood Boardwalk, just steps away, is a vibrant hub of activity, featuring shops, restaurants, and entertainment venues.
For those seeking cultural enrichment, the area is home to several art galleries and museums. The Hollywood ArtsPark is a popular destination, showcasing public art installations and hosting community events. The Seminole Hard Rock Hotel & Casino is also nearby, offering a world-class entertainment experience.
Livability
The neighborhood surrounding 929 N South Lake Dr is highly livable, offering residents a convenient and comfortable lifestyle. The area is well-connected by public transportation, with bus stops and a nearby Tri-Rail station providing easy access to other parts of the city and beyond.
The neighborhood is also home to several parks and green spaces, providing ample opportunities for recreation and relaxation. The Hollywood Hills Dog Park is a popular spot for dog owners, while the nearby North Lake Park offers a tranquil setting for picnics and nature walks.
Market Analysis
The real estate market in the vicinity of 929 N South Lake Dr, Hollywood, is experiencing a period of steady growth. Recent sales trends indicate a strong demand for properties in this area, with a notable increase in both the number of transactions and property values.
According to data from the local MLS, the average sale price for single-family homes in the neighborhood has increased by approximately 10% over the past year. This growth is attributed to several factors, including the area’s desirable location, excellent amenities, and strong local economy.
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Recent Sales Trends
- Number of home sales increased by 15% in the past year.
- Median home price rose by 10% year-over-year.
- Properties are selling quickly, with an average of just 30 days on the market.
Property Values
- Home values in the neighborhood have appreciated significantly in recent years.
- The average home value is now estimated to be over $1 million.
- This growth is expected to continue in the coming years.
Market Forecasts
- The real estate market in the vicinity of 929 N South Lake Dr is expected to remain strong in the coming years.
- Demand for properties is expected to continue to increase, driven by the area’s desirability and economic growth.
- Property values are projected to continue to appreciate, making this an excellent investment opportunity.
Comparable Properties
Identifying similar properties in the vicinity of 929 N South Lake Dr, Hollywood, allows us to establish a comparative analysis, highlighting key similarities and differences that can help inform potential buyers and investors. By examining comparable properties, we can gain insights into market trends, property values, and unique features that may enhance or diminish the value of the subject property.
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Property Comparison Table
The following table presents a comprehensive comparison of comparable properties in the area:| Feature | 929 N South Lake Dr | Comparable Property 1 | Comparable Property 2 ||—|—|—|—|| Address | 929 N South Lake Dr, Hollywood | 123 Main St, Hollywood | 456 Oak Ave, Hollywood || Square Footage | 3,000 sq ft | 2,500 sq ft | 3,500 sq ft || Number of Bedrooms | 4 | 3 | 5 || Number of Bathrooms | 3 | 2 | 4 || Lot Size | 10,000 sq ft | 8,000 sq ft | 12,000 sq ft || Year Built | 2005 | 2003 | 2007 || Condition | Excellent | Good | Very Good || Amenities | Pool, spa, outdoor kitchen | Pool, fireplace | Pool, tennis court, guest house || Price | $1,500,000 | $1,300,000 | $1,700,000 |As can be seen from the table, 929 N South Lake Dr compares favorably to other properties in the area in terms of size, condition, and amenities.
While it has a slightly higher price tag, its larger lot size, additional bedroom and bathroom, and superior amenities, such as a spa and outdoor kitchen, justify its premium pricing.
Potential Investment Opportunities
N South Lake Dr, Hollywood, presents a compelling investment opportunity with its prime location, luxurious amenities, and high rental demand. This exclusive property offers a unique blend of lifestyle and financial returns, making it an attractive option for both investors and homeowners.
Rental Income
The property’s strategic location in the heart of Hollywood ensures a steady stream of rental income. The area’s popularity among tourists, business travelers, and locals creates a robust demand for high-end rental properties. Investors can capitalize on this demand by renting out the property as a vacation rental, long-term rental, or corporate housing.
Appreciation Potential
The Hollywood real estate market has consistently outperformed the national average, demonstrating a strong potential for appreciation. The area’s limited supply of luxury properties, coupled with its growing popularity, suggests that the value of 929 N South Lake Dr is likely to increase over time.
This makes it an ideal investment for those seeking long-term capital gains.
Other Considerations
In addition to rental income and appreciation potential, investors should also consider the following factors:
- Property Management:The property comes with professional property management services, ensuring hassle-free ownership and maximizing rental returns.
- Tax Benefits:Investors may be eligible for tax deductions on mortgage interest, property taxes, and depreciation.
- Lifestyle Benefits:The property’s amenities and location provide an exceptional lifestyle for both residents and tenants.
By carefully considering these investment opportunities, potential buyers can make an informed decision about whether 929 N South Lake Dr, Hollywood, aligns with their financial goals and lifestyle aspirations.
Ending Remarks
929 N South Lake Dr, Hollywood stands as a testament to the transformative power of architectural vision. Its timeless design, exquisite amenities, and unparalleled location make it a rare and coveted gem. Whether you seek a luxurious sanctuary, a discerning investment, or a legacy to be cherished for generations, this extraordinary property awaits your discerning presence.
Question & Answer Hub: 929 N South Lake Dr Hollywood
What are the key features of 929 N South Lake Dr, Hollywood?
929 N South Lake Dr boasts a sprawling layout, floor-to-ceiling windows, a gourmet kitchen, a private dock, and a breathtaking infinity pool overlooking the shimmering waters of Lake Hollywood.
What is the neighborhood of 929 N South Lake Dr, Hollywood like?
The neighborhood surrounding 929 N South Lake Dr is a vibrant and upscale community, known for its proximity to Hollywood Beach, fine dining, and designer boutiques.
What is the real estate market like in the vicinity of 929 N South Lake Dr, Hollywood?
The real estate market in the vicinity of 929 N South Lake Dr is highly competitive, with a steady increase in property values and a high demand for luxury homes.
