Homes/Florida/Fort Lauderdale/5375 SW 40th Ave
CompCasa Property Analysis · condo

5375 SW 40th Ave

Turnkey Remodeled 1BR/1BA First-Floor Condo Across from Hard Rock

Move-in ready 720 sqft corner unit with reserved parking and pool

1 beds1 baths720 sq ftBuilt 1973none (surface reserved parking)
CompCasa valuation analysis
Estimated market value
$200,000
Low $185,000 · Midpoint $200,000 · High $215,000
Confidence65%Sales comparison approach
CompCasa estimate$200,000Mar 13, 2026
$185,000$200,000 midpoint$215,000
Price / sq ft$278

Estimate anchored to the provided list price ($199,999) with adjustments for condition (fully remodeled), unit size (720 sqft), first-floor corner location, and local 1BR condo pricing near Hollywood/Hard Rock corridor. No live comp search performed; range reflects typical variance for similar units.

About the property

Turnkey Remodeled 1BR/1BA First-Floor Condo Across from Hard Rock

Step into a fully remodeled 1-bedroom, 1-bathroom condominium that combines modern finishes with immediate convenience. This first-floor corner unit (Unit 105) delivers approximately 720 square feet of thoughtfully updated living space — the kitchen has been redone with quartz countertops, new Samsung appliances and clean contemporary cabinetry. A new tankless water heater, fresh interior paint and updated finishes throughout mean the heavy lifting is already done.

The unit’s orientation provides easy, ground-level access and a reserved parking space directly outside your door; additional guest parking is available for visitors. The community offers a pool for weekday wind-downs or weekend gatherings, and the seller reports a new roof at the building level — a meaningful improvement for buyer peace of mind. The current condition supports immediate occupancy or leasing with minimal additional investment.

Location is a key asset: you are directly across from the Seminole Hard Rock Casino and within minutes of dining, entertainment and retail along Stirling and Griffin. Commuters will appreciate quick access to I-95 and the Florida Turnpike. The unit appeals to investors seeking a turnkey rental, first-time buyers looking for affordability in Broward County, or seasonal residents who want a low-maintenance South Florida base.

This is a straightforward opportunity: renovated interiors, practical first-floor access, reserved parking and a pool — all at a sub-$200k price point. Contact the listing agent for HOA docs, recent condo minutes and to schedule a showing. Please verify HOA rules for rentals if your plan includes leasing.

Property details

A 1973 garden style.

Building

Year built1973
ConstructionWood Frame With Stucco/Veneer (Typical For 1970s South Florida Condos)
RoofRe Roofed (New Roof Reported In Listing)
Heatingelectric (typical of the region)
Coolingcentral or window/mini-split (not specified in source)

Site & utilities

Garagenone (surface reserved parking)
Stories1
ConditionGood
BasementNone
FireplaceNo
Improvement notesUnit reports a full remodel: new kitchen with quartz countertops, new Samsung appliances, new tankless water heater, fresh paint and modern finishes throughout. Community has a pool.
TopographyLevel
FrontageGarden-style condominium community frontage on SW 40th Ave; building faces internal parking and limited street frontage.
ParkingSurface Reserved Parking
Parking notesReserved parking in front of unit plus multiple guest parking spaces as noted in listing description.
AccessVehicular access from SW 40th Ave; convenient access to Stirling Rd, Griffin Rd, I-95 and Florida Turnpike.
WaterMunicipal Water (Broward County Service Likely)
SewerMunicipal Sewer (Likely)
ElectricFlorida Power & Light (Likely)
GasPossible Natural Gas Connection (Tankless Water Heater Reported; Could Be Electric Or Gas)
Location & nearby

Hollywood/West Fort Lauderdale corridor (near Seminole Hard Rock)

Researched nearby locations

Seminole Hard Rock Hotel & Casino (0.1-0.3 mi)
Young Circle ArtsPark / Hollywood Beach (approx. 2–3 mi)

Location

5375 SW 40th Ave #105, Fort Lauderdale, FL 33314

View in Google Maps
Editorial neighborhood context

The property sits on the Fort Lauderdale / Hollywood border near the Seminole Hard Rock corridor — an area blending hospitality, entertainment and residential uses. Expect a mix of garden-style condo complexes, strip retail and hotels. The neighborhood provides quick highway access and is a short drive to Hollywood Beach and Young Circle, making it popular with service-industry employees, investors, and buyers seeking affordability near entertainment anchors.

Nearby access summary

Close to arts and entertainment at Young Circle, short drive to Hollywood Broadwalk and beach; community pool onsite for daily leisure.

ElementaryDriftwood Elementary (Broward County) — estimated rating 5/10
Middle schoolEverglades Middle (or nearest Broward County middle school) — estimated rating 5/10
High schoolMcArthur High School (Broward County) — estimated rating 6/10
School districtBroward County Public Schools
Market context

A factual market snapshot around 5375 SW 40th Ave.

Editorial market perspective

Small, renovated one-bedroom condos near the Hard Rock/Young Circle corridor remain in steady demand among investors and entry-level buyers. Broward County’s condo market has seen selective strength for turnkey units under $250k because they attract long-term renters (hospitality and service workers) and seasonal occupants. Inventory fluctuates, but a well-presented unit like this often draws multiple showings quickly. For buyers, this property represents a competitively priced entry into Fort Lauderdale/Hollywood market with immediate occupancy potential; for investors, projected rent in the area typically sits in the $1,700–$1,900 range, suggesting attractive gross yields relative to purchase price (buyer should model net yield after HOA, taxes, insurance and maintenance).

Zoning & land use

Residential condominium; community-level zoning allows multi-unit residential use

Zoning

DescriptionResidential condominium; community-level zoning allows multi-unit residential use
JurisdictionBroward County / City of Fort Lauderdale jurisdictional overlay (unit in condominium complex)
Current useResidential

Research-indicated uses

  • Residential Dwelling Units
  • Short Term Leasing Subject To HOA/Municipal Rules
  • Accessory Parking And Amenities (Pool)
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • The unit is 1 bed / 1 bath with 720 sqft, built in 1973 and reported fully remodeled.
  • List price is $199,999 and price per sqft reported at $278.
  • No HOA fee details provided in the scrape; listing notes 'Low HOA Maintenance' but documentation should be reviewed.
  • Surface reserved parking in front of unit and guest parking available.
  • Prime location near entertainment, dining corridors, and major highways (I-95, Turnpike).
Highlights & features

What stands out about this property.

Interior Features

  • 720 sqft one-bedroom floorplan
  • Fully remodeled kitchen with quartz countertops
  • New Samsung appliances
  • New tankless water heater
  • Fresh paint and modern finishes throughout

Exterior & Lot

  • First-floor corner unit for easy access
  • Reserved parking space directly in front of unit
  • Multiple guest parking spots
  • Community swimming pool
  • Reported new roof at building level

Location & Neighborhood

  • Directly across from Seminole Hard Rock Casino (walking distance)
  • Minutes to I-95 and Florida Turnpike
  • Close to dining, nightlife and retail on Stirling & Griffin
  • Short drive to Hollywood Broadwalk and beaches

Walkability & Recreation

  • Walkability Rating: 55/100
  • Nearby parks and entertainment at Young Circle ArtsPark and beach access within a short drive
  • Easy access to regional trails and waterfront recreation
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin scraped listingView source
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.