USAFLHollywood2531 Pierce St
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$697,500

For Sale

21 days ago

2531 Pierce St, Hollywood, FL

House

MLS® B26036914

0 Bed

0 Bath

1440 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1440 sqft
Garage 
Taxes $9,666
Days Active 20
Lot Size 0.35 Acres
Approx. Age 1949
Avg. Price Per Sqft $484
MLS® Number B26036914

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® NumberB26036914
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1949
Basement
Driveway
Garage Spaces
HeatWindow/Wall
A/CCeiling Fan(s), Wall/Window Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 9, 2026List Date
$697,500List Price
-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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