USAFLHollywood2531 Pierce St
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$697,500

For Sale

6 hours ago

2531 Pierce St, Hollywood, FL

House

MLS® B26036967

0 Bed

0 Bath

--

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $9,667
Days Active 0
Lot Size 
Approx. Age 1949
MLS® Number B26036967

Property Address: 2531 Pierce St, Hollywood, FL, 33020-4311

Average square foot calculated using Size range provided by listing agent.

Description

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
MLS® NumberB26036967
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1949
Basement
DrivewayAccessible Parking, Covered
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 4, 2026List Date
$697,500List Price
-End Date
Not Sold YetSold Price

For Sale

Jun 4, 2026List Date
$697,500List Price
  • Commute

Commute

Starting Address
Destination Address
2531 Pierce St, Hollywood, FL

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