2531 Pierce Street, Hollywood, FL 33020

Hollywood
Local realty services provided by:Countywide Properties ERA Powered
2531 Pierce Street,Hollywood, FL 33020
$697,500
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 1,440 sq. ft.
  • Single family
  • Active
Listed by: michael j sheer, wayne c charneco
Office: united realty group inc.954-450-2000
MLS#:B26036952
Source:SEFMLS

Price summary

  • Price:$697,500
  • Price per sq. ft.:$390.76

About this home

Rare opportunity to acquire income producing 3/2 home w/in-law suite & additional development capacity, walking distance from library, parks & Downtown Hollywood, at over 20% below market value. Keep the existing home & add 8 (2 bedroom) units for 9 units total. Included site plan shows layout, parking & access. Meeting with city has been held; feasibility & zoning compliance confirmed. Land comps:$50k per (mostly 1 bed) unit sold, $58k-$101k per (mostly 1 bed) unit active. 3/2 house comps:$499k-$679k active, $410k-$580k sold. Subject property: 3/2 house + 8 (2 bedroom) units buildable land; market value ~$900k. 2 bed rents:$1.8k-$2.5k/mo. 3 bed rents:$3k-$3.8k/mo. Build cost:~$1.5M. All in:~$2.2M Projected value:$3M+ = ~$1M equity. Potential ~10% cap. Opportunity zone. Seller will finance

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Home facts

  • Year built:1949
  • Listing ID #:B26036952
  • Updated:June 17, 2026 at 02:44 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:3
  • Flooring:Parquet, Terrazzo, Tile, Vinyl
  • Kitchen Description:Built In Oven, Electric Range, Microwave, Refrigerator, Self Cleaning Oven
  • Bedroom Description:Split Bedroom
  • Living area:1,440 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Wall/Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Composition, Flat, Shingle, Tile
  • Year built:1949
  • Building area:1,440 sq. ft.
  • Lot Features:Oversized Lot
  • Architectural Style:Contemporary/Modern, One Story
  • Construction Materials:Block, Stucco
  • Exterior Features:Awnings
  • Levels:1 Story

Schools

  • High school:South Broward
  • Middle school:Olsen
  • Elementary school:Oakridge

Utilities

  • Water:Public, Water Available
  • Sewer:Private Sewer, Public Sewer, Septic Tank, Sewer Available, Treatment Plant

Finances and disclosures

  • Price:$697,500
  • Price per sq. ft.:$390.76
  • Tax amount:$9,666 (2025)

Features and amenities

  • Appliances:Built-In Oven, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Solar Hot Water, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Smoke Detectors

Parking

  • Total parking spaces:4
  • Parking description:1 Carport Space(s), Attached, Covered, Garage
  • Garage:Yes
  • Carport spaces:1
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