Sheridan Lakes Condo Hous
Homes for Sale in Hollywood, FL

Community in Hollywood · Broward County
Median sale $233K
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Built fromLive Beaches MLS data16 years of closingsUpdated twice daily
Live · Sheridan Lakes Condo Hous Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$233K
Median sold · 12 mo
$212/sf
Sold $/sqft · 12 mo
peak $266 in 2024
83.5%
Sale vs ask
Broward median: 96.7%
Tempo
64days
Median DOM · closed
8 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 3 a year
Track record · 16 years of records
1,098sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Sheridan Lakes Condo Hous traded at a $233,000 median in the most recent quarter — a price point shaped by unit size, condition, and whatever HOA reserves look like when a buyer runs the financials. The $212 per square foot tells you this is value-oriented condo inventory in Hollywood, not luxury coastal product; condition varies, and the spread between updated units and originals can be wide.

At 64 days on market, this is not a fast-turn community. Three closings in the window means liquidity is thin; a seller needs patience and realistic pricing, and a buyer has time to inspect carefully and negotiate. If you want a sub-$250K entry into Broward and can live with slower resale velocity, the fundamentals work. If you need quick liquidity or are counting on rapid equity gain, the market posture here argues against it.

The 60-Second Overview

Sheridan Lakes Condo Hous market snapshot (as of July 15, 2026): the median sale price is about $233K ($212 per sq ft over the trailing 12 months of closed sales), and a median 64 days on market for closed sales.

Sheridan Lakes Condo Hous is a condominium community in Hollywood, Broward County, trading in the low-to-mid $200s with modest turnover and a market that rewards patience over speed.

Best for

  • First-time condo buyers with budgets under $250K who prioritize affordable square footage over amenities or coastal proximity.
  • Retirees or fixed-income buyers seeking a low entry price in Broward and willing to live with modest common areas and slower resale markets.
  • Cash investors comfortable with long hold periods and thin liquidity, focused on cost basis rather than quick flips or high turnover.

Probably not for

  • Buyers who need to sell within two years or require fast liquidity and competitive resale markets.
  • Anyone expecting resort-style amenities, updated finishes as standard, or a community with high transaction velocity and buyer urgency.
  • Sellers on tight timelines or those unwilling to price at or below recent comps and wait two months or more for a qualified buyer.

Windows contain 0 to 9 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K20122014201620182020202220242026
Every sale since 2010 · price vs size
$0$100K$200K$300K1k1k1k
36 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$200$25020122014201620182020202220242026
Up from $110 in 2012 to a $266 peak in 2024; $212 now.
Median days on market · closed sales
20406020122014201620182020202220242026
8 days at the 2022 low; 64 now.
Sale price vs original ask · median
90%100%20122014201620182020202220242026
83.5% now vs Broward 96.7%.
Homes sold per 12-mo window
025820122014201620182020202220242026
0 to 9 a year; 3 in the current window.

If we were buying in Sheridan Lakes Condo Hous today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Hous.

Best Buy
Buyers targeting a sub-$250K Broward entry who can accept slower resale velocity in exchange for accessible pricing.
Biggest Risk
Thin transaction volume and extended days on market mean liquidity is low; selling quickly is difficult, and HOA health requires careful review.
Sweet Spot
A cash buyer or long-hold owner who values price over speed and can wait for the right unit with solid financials.
Avoid If
You need to sell on a tight timeline, require resort amenities, or expect rapid equity growth and easy resale within a few years.

What the numbers tell you

The median closed price of $233,000 positions Sheridan Lakes squarely in the value segment of Broward's condo market. At $212 per square foot, you are buying square footage at a discount to coastal and newer-construction product, but that discount comes with trade-offs: older systems, deferred maintenance risk, and HOA financials that require scrutiny. Price is set by unit size, updates, and how well the building has been managed — a top-floor renovated two-bedroom will command a premium over a ground-floor original, but both fall within a band that keeps this community accessible to first-time buyers and retirees on fixed budgets.

The 64-day median time on market and only three closings in the trailing quarter tell you this is a thin, patient market. Inventory does not move quickly, and that cuts both ways: sellers need to price accurately from day one and accept that showings will be sporadic; buyers have negotiating room and time to conduct full due diligence on reserves, special assessments, and deferred capital projects. If you need to sell in sixty days or less, this is not the community for that timeline. If you are a cash buyer or someone who can wait for the right unit at the right number, the lack of competitive pressure works in your favor.

MLS data shows no shared amenities flagged in recent listings, which likely means basic infrastructure — parking, common grounds — without resort-style pools, fitness centers, or clubhouses. That keeps HOA fees lower but also means the value proposition here is purely price per square foot and location within Hollywood, not lifestyle or on-site recreation. Buyers should verify what the monthly fee covers, what the reserve fund balance is, and whether any large-ticket repairs are on the horizon before closing.

The location and the amenities are priced into every listing in Sheridan Lakes Condo Hous. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a slow-turn condo market like Sheridan Lakes, pricing discipline and due diligence separate smooth closings from stalled listings and post-close surprises. Momentum pulls HOA documents early, flags reserve shortfalls or pending assessments before you are under contract, and prices listings based on what actually closed — not what a seller hopes the market will bear. We know when to walk away and when a unit at this price point is genuinely clean. If you are buying, we make sure you see the financials that matter; if you are selling, we position your unit against the three or four real comps and manage expectations from day one. That is the difference between sixty-four days on market and six months with a price cut.

Sheridan Lakes Condo Hous in 15 seconds.

Best forBuyers targeting a sub-$250K Broward entry who can accept slower resale velocity in exchange for accessible pricing.
Biggest advantageThe median price and per-square-foot cost deliver affordable square footage in Hollywood without coastal or new-construction premiums.
Biggest riskThin transaction volume and extended days on market mean liquidity is low; selling quickly is difficult, and HOA health requires careful review.
Sweet spotA cash buyer or long-hold owner who values price over speed and can wait for the right unit with solid financials.
Avoid ifYou need to sell on a tight timeline, require resort amenities, or expect rapid equity growth and easy resale within a few years.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Sheridan Lakes Condo Hous sales matched to your home.

What is your Sheridan Lakes Condo Hous home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Sheridan Lakes Condo Hous?
The median sale price in Sheridan Lakes Condo Hous was $233K over the 12 months ending July 15, 2026 (3 closed sales, Beaches MLS).
How long do homes in Sheridan Lakes Condo Hous take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 64 days on market (3 sales, Beaches MLS).
Who is the best real estate agent for Sheridan Lakes Condo Hous?
The best agent for Sheridan Lakes Condo Hous is one who actively works Hollywood and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Sheridan Lakes Condo Hous.
How do I find a top Hollywood real estate agent who knows Sheridan Lakes Condo Hous?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Sheridan Lakes Condo Hous and the wider Hollywood area.
Can Momentum Realty connect me with an agent for Sheridan Lakes Condo Hous?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Sheridan Lakes Condo Hous purchase or sale - no call center and no pressure.
First-time condo buyers with budgets under $250K who prioritize affordable square footage over amenities or coastal proximity.Excellent fit
Retirees or fixed-income buyers seeking a low entry price in Broward and willing to live with modest common areas and slower resale markets.Excellent fit
Cash investors comfortable with long hold periods and thin liquidity, focused on cost basis rather than quick flips or high turnover.Excellent fit
Buyers who need to sell within two years or require fast liquidity and competitive resale markets.Probably not
Anyone expecting resort-style amenities, updated finishes as standard, or a community with high transaction velocity and buyer urgency.Probably not
Sellers on tight timelines or those unwilling to price at or below recent comps and wait two months or more for a qualified buyer.Probably not

Data sources & freshness

Community market statsBeaches MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesBeaches MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2010 (36 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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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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