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Furnished Residential Income Condo with Private Amenities
For Sale
$320,000

5371 Central Avenue, Hot Springs, AR 71913

CONDOS - Hot Springs, AR

Property Size1,200 SF
Price / SF$266.67
Days on Market61

Property Features for 5371 Central Avenue

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
Parking features Assigned
Spa 1
Patio and Porch features Patio, Porch
Interior features Dry Bar, Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Smoke Detector(s), Window Treatments, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-in Shower, Breakfast Bar, Furnished, Kit Counter-Quartz
Exterior features Patio, Porch, Inground Pool, Guttering, Tennis Court, Hot Tub/Spa, Dog Run, Iron Fence, Covered Patio
Fencing Fenced
Fireplace 1
Appliances Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Refrigerator-Stays, Freezer, Coffee/Espresso Machine
Subdivision EMERALD ISLE HPR
Lot features Resort Property, In Subdivision, River/ Lake Area, Lake View, Lake Front
Elementary school Lakeside
Middle school Lakeside
High school Lakeside
Directions South on Central until Jose's on left. Turn on first drive on left past Jose's. After entering gate, turn left. Condo is in building 6, last building on left.
Standard status Active
Size 1,200 SF

Taxes and HOA fees

Tax Description LOT UNIT 6-I
Tax Annual Amount 1451
HOA Fee $250 Monthly
Legal Description LOT UNIT 6-I

Utilities

Water front 1

Amenities

private beach
mini golf
tennis court
sand volleyball
basketball court
swimming pool
hot tub
dog run
grilling area
clubhouse

Building Details

Year built 1986
Floors in Building 3
Flooring type Tile, Laminate
Roof type Composition
Architectural style Contemporary, Other
Additional Structures Kennel/Dog Run
Listing Agency: White Stone Real Estate
Listed By: Amanda Sullivan
Added: Jun 8 Changed: Aug 4 Last Checked: Aug 7 at 12:06PM
MLS# 26028165

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This furnished residential income condo offers a contemporary layout with two bedrooms, each with en-suite bathroom access. The home includes a private patio door off the primary bedroom, a breakfast bar, built-ins, walk-in closet(s), and window treatments. Interior features also include a dry bar and ceiling fans, with quartz kitchen counter and tile and laminate flooring. Appliances are included, and the property offers washer and dryer connections, as well as an electric water heater. Exterior features include a patio and porch, along with a fenced setting and an iron fence.

In the surrounding Lake Hamilton community, residents access a private peninsula with a private beach and recreation amenities that include mini golf, tennis court, sand volleyball, and basketball court. The swimming pool and hot tub (located just outside the clubhouse) were recently renovated, and the community includes a dog run and grilling area.

The unit is built in 1986 and includes a composition roof. Both bedrooms provide direct en-suite bathroom access, and the condo is ready for occupancy.

Key Highlights

  • Two‑bedroom condo with en‑suite bathroom access for both bedrooms
  • Furnished interior with quartz kitchen counter and breakfast bar
  • Private patio door off the primary bedroom

Property Analytics

Current Use

Emerald Isle Resort Hotel & Motel

Suggested Use

Top Pick Dental Office Building Supply Law Firm Grocery & Convenience Store Big Box & Wholesale Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby

Demographics for 71913, AR

46,801
Population
25,441
Households
1.8
Avg Household Size
44
Median Age
28%
College-Educated
91%
High-School Grad
134.2 sq mi
ZIP Area
349
Density / Sq Mi
$55,367
Median Household Income
$32,746
Median Earnings
$970
Median Rent
$179,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Residential income property - Furnished two-bedroom condo with en-suite bathrooms and assigned parking, plus access to community pool, hot tub, and sports amenities.
Where is this residential income property located?
The property is located at 5371 Central Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two‑bedroom condo with en‑suite bathroom access for both bedrooms; Furnished interior with quartz kitchen counter and breakfast bar; Private patio door off the primary bedroom
More about this property
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