2531 Pierce Street, Hollywood, FL 33020

Hollywood
Local realty services provided by:Atlantic Shores Realty Expertise ERA Powered
2531 Pierce Street,Hollywood, FL 33020
$629,750
Virtual Tour
  • - Beds
  • - Baths
  • 1,440 sq. ft.
  • Multi-family
  • Active
Listed by: michael j sheer, wayne c charneco
Office: united realty group inc.
MLS#:B26036914
Source:RMLS

Price summary

  • Price:$629,750
  • Price per sq. ft.:$352.8

About this home

This is how to generate great returns in today's market while protecting your downside. Acquire an income producing 3/2 home (w/in-law suite) & additional development capacity (the right to build 8 more units), walking distance from schools, library, parks & Downtown Hollywood, at over 30% below market value. Lots of new development nearby. Investors & developers have increasingly turned their attention to this area, recognizing its long term potential. This property should not be viewed solely as a single family home or solely as a land play; the true value is in both. The existing 3 bedroom 2 bathroom home can remain in place and continue generating income while 8 additional units are developed on the same lot, for a total of 9 units, without tearing down the current structure. All of the additional 8 units can be ~760 square foot 2 bedroom apartments. The included site plan shows viable layout, parking & access. A formal Pre-Application Consultation (PAC) meeting with the city has...

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Home facts

  • Year built:1949
  • Subdivision & Development:HOLLYWOOD LITTLE RANCHES
  • Listing ID #:B26036914
  • Added:111 day(s) ago
  • Updated:September 23, 2026 at 11:50 PM

Rooms and interior

  • Flooring:Terrazzo, Tile, Vinyl
  • Living area:1,440 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Flat, Shingle
  • Year built:1949
  • Building area:1,440 sq. ft.
  • Lot area:0.35 Acres
  • Construction Materials:Block, Concrete, Stucco
  • Exterior Features:Awnings, Lighting

Schools

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

Utilities

  • Water:Public
  • Sewer:Public Sewer, Septic Tank, Sewer Available

Finances and disclosures

  • Price:$629,750
  • Price per sq. ft.:$352.8
  • Tax amount:$9,667 (2025)

Parking

  • Total parking spaces:4
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