Sheridan Lakes Condo
Homes for Sale in Hollywood, FL
True comps, carrying-cost math, and listings before the portals.
Sheridan Lakes Condo is a condominium community in Hollywood, and the current data behind it is thin: we're working from a single closing in the most recent window, with no median price attached to this snapshot. That means price here is best understood one unit at a time — condition, floor, exposure, and how a given seller has maintained the interior will move a number far more than any community-wide trend, because there isn't enough recent volume to establish a reliable trend.
For a buyer, that thinness cuts both ways: less comparable data to anchor an offer, and more room for a well-supported case on a specific unit. For a seller, pricing should lean on the physical realities of your own unit rather than on the assumption of a hot, high-turnover market. In a low-transaction setting like this, patience and accurate condition-based pricing matter more than timing games.
Who Sheridan Lakes Condo is best for.
Best for
- Buyers seeking a condo primary residence who will do close due diligence on the specific unit and building
- Value-focused buyers willing to weigh condition and association finances over market momentum
- Long-hold buyers who don't need frequent comparable sales to feel confident
Probably not for
- Buyers who want a resort-style amenity package on site
- Buyers who need deep recent sales data to justify a price before committing
- Sellers expecting a fast, high-turnover market to carry an aggressive asking price
The market around Sheridan Lakes Condo
Sheridan Lakes Condo is too small for its own price trend, so here is the market around it.
Across Broward County, 1,045 homes are active and 270 pending (20% under contract).
ZIP and county figures describe the wider market, not Sheridan Lakes Condo specifically. Momentum Research analysis of MLS records.
Recent Developments in Sheridan Lakes Condo
Development, infrastructure, retail, and school activity affecting Sheridan Lakes Condo, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Development
Construction Starts on 376-Unit 'The Cove' at 1055 N. Federal Highway in Fort Lauderdale
Affiliated Development has started construction on The Cove, an eight-story, 376-unit apartment building at 1055 North Federal Highway on the former Link hotel site. About 206 of the units are designated workforce housing under the Live Local Act, backed by a 74 million dollar construction loan from Pacific Life. Move-in is anticipated in spring 2028.
What it may mean for the marketAdds a large workforce-oriented rental supply along the North Federal Highway corridor and redevelops a former hotel parcel into housing. The project is about 10 miles north of Sheridan Lakes Condo, elsewhere in Broward County.
Source: Florida YIMBY - July 2026Development
$54 Million Pre-Construction Loan Secured for ODA-Designed Skyscrapers in Fort Lauderdale
Dependable Equities secured a 54 million dollar pre-construction loan from CDK Capital for two ODA-designed towers south of the New River near Las Olas Boulevard, at 101 Southeast 7th Street and 633 Southeast 3rd Avenue. The towers would rise about 557 and 563 feet with roughly 1,460 condominium and multifamily residences and about 14,000 square feet of ground-floor commercial space. Construction is anticipated to begin in early 2028.
What it may mean for the marketPositions two high-rise residential towers and ground-floor commercial space for the downtown Fort Lauderdale market south of the New River. The project is about 8 miles north of Sheridan Lakes Condo, elsewhere in Broward County.
Source: Florida YIMBY - June 2026Development
38-Story Icon Beach Waterfront Residences Breaks Ground in Hollywood
Related Group and BH Group broke ground on Icon Beach Waterfront Residences, a 38-story, 350-unit tower at 3824 South Ocean Drive in Hollywood, following a June 18 ceremony. The project secured a 360 million dollar construction loan from Tyko Capital and includes about 40,000 square feet of amenities, a 32-slip marina and a beach club. Completion is targeted for 2028.
What it may mean for the marketAdds a large oceanfront condominium supply and private marina to the Hollywood beach market with construction now underway. The site is less than a mile west of Sheridan Lakes Condo.
Source: Florida YIMBY - May 2026Development
Tavistock Development to Expand Pier Sixty-Six
Tavistock Development is advancing an eight-acre second phase of Pier Sixty-Six along Southeast 17th Street, with four mixed-use buildings each rising about 270 feet and 339 residential units. Plans include roughly 185,600 square feet of commercial space with retail, restaurant, grocery and office uses, a waterfront promenade and expanded marina facilities. The project is expected to enter the city development review process in the coming months.
What it may mean for the marketExpands a waterfront mixed-use district with new housing, retail and marina infrastructure along the 17th Street corridor. The project is about 7 miles north of Sheridan Lakes Condo, elsewhere in Broward County.
Source: The Real Deal - May 2026Development
Integra Wins Approval for Fort Lauderdale Beach Development Again
The Fort Lauderdale City Commission unanimously approved an amended development permit for Integra Solutions' Sereno project at 2901 East 9th Court, raising the condominium count from 76 to 88 and adding 113 hotel rooms in a 14-story structure. It is the third iteration of the plan since initial approval four years earlier. The Planning and Zoning Board had recommended approval in March.
What it may mean for the marketAdds condominium and hotel supply to the Fort Lauderdale beach area through a revised and expanded approved plan. The project is about 9 miles north of Sheridan Lakes Condo, elsewhere in Broward County.
Source: The Real Deal - May 2026Development
Fort Lauderdale Advances Opus at 701 Condominium Development
The Fort Lauderdale City Commission voted unanimously to approve Opus at 701, a 13-story, 54-unit waterfront condominium at 632 and 701 Bayshore Drive. The site plan replaces the former Manhattan Tower hotel and a 56-year-old apartment building on a 0.78-acre parcel. The project includes 114 parking spaces and amenities such as a fitness center, spa and waterfront pool.
What it may mean for the marketRedevelops an older hotel and apartment parcel into a new waterfront condominium supply in the Fort Lauderdale beach area. The project is about 8 miles north of Sheridan Lakes Condo, elsewhere in Broward County.
Source: The Real Deal
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Sheridan Lakes Condo buying strategy.
If we were buying in Sheridan Lakes Condo today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Sheridan Lakes Condo.
A quiet data window
The headline for Sheridan Lakes right now is scarcity of signal. With only one closing in the current window, any single sale carries outsized weight, and no community amenities surface in the current listings to lean on as a value story. That doesn't make it a weak community — it makes it one where you have to do the homework on the specific unit and the building's own financial health rather than trusting a broad market read.
Practically, that means condition drives the conversation. Interior updates, the state of the building's reserves and assessments, and the terms an individual seller will accept are the levers here. Buyers should budget for due diligence on the association itself; sellers should be ready to justify their asking price on the merits of their own unit, not on momentum from comparable sales that simply aren't there yet.
The location and the amenities are priced into every listing in Sheridan Lakes Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a low-data community like Sheridan Lakes, our value is in the legwork the numbers can't do for you: reading a specific unit's condition against a seller's motivation, digging into the association's financials and assessment history, and building or challenging an offer when there aren't enough recent sales to lean on. We'll tell you plainly when a unit is fairly priced and when it isn't.
Sheridan Lakes Condo in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Sheridan Lakes Condo buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Sheridan Lakes Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Sheridan Lakes Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Sheridan Lakes Condo home worth?
Get a no-obligation home value based on real comparable sales in Sheridan Lakes Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Should you buy in Sheridan Lakes Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Beaches MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2006 (25 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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