Investment Overview

Marcus & Millichap is pleased to present Isle of Venice Condominiums, a rare opportunity to acquire 27 out of 36 total units within a waterfront condominium community located at 2775 Taft Street in Hollywood, Florida. Constructed in 1968, the property consists of a single three-story building situated on approximately 0.76 acres. The condominium community features a desirable mix of one-bedroom/one-bath, two-bedroom/one-bath, and two-bedroom/two-bath units. Each residence includes a screened-in private patio, central heating and air-conditioning, individual hot-water heaters, and all-electric appliances. Select units also include dishwashers, while flooring throughout the community is comprised of ceramic tile or laminate. Community amenities include a waterfront swimming pool and patio area, as well as a wood deck extending the length of the building with scenic waterfront views. The property offers residents a secure building with key access, accessible on each floor, and a community laundry room with two washers and two dryers. Each unit is assigned one parking space. There are a total of forty parking spaces in the community, including three guest and one handicap-accessible space. In addition to several units being renovated, there have been several recent improvements to the property such as the roof being replaced in 2025, the pool deck repainted this year, the elevator was upgraded with new equipment in 2024, and the building exterior painted in 2021. Isle of Venice Condominiums offers excellent accessibility from Taft Street, located east of I-95 and positioned between Hollywood Boulevard to the south and Sheridan Street to the north. These major thoroughfares are lined with a mix of retail centers, office buildings, and commercial amenities ranging from local strip centers to larger neighborhood centers anchored by national tenants. Overall, the combination of waterfront living, recent capital improvements, and its prime Hollywood location makes Isle of Venice Condominiums a compelling long-term investment opportunity.