HOMES BY DARCI
Southern Key Realty
2531 Pierce Street Hollywood FL 33020
Address
2531 Pierce Street, Hollywood, FL
Price
$ 697,500
Property Attributes
- MLS#B26036914
- TypeSingle Family
- Listing Status Active
- CountyBroward
- CityHollywood
- Area3050
- NeighborhoodHOLLYWOOD LITTLE RANCHES
- Zip33020
- Style
- Year Built1949
- Taxes$ 9666
- Price$ 697,500
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1440
- Lot Size0.35 Acres
Data Source:
Beaches MLS (FL)
Property 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
| Elementary School | Middle School | High School |
|---|---|---|
| Oakridge Elementary School | Olsen Middle School | South Broward High School |
| Price History | |
|---|---|
| 6/4/2026 | Listed $697,500 |
General Features
| Sewer | PublicSewer,PrivateSewer,SepticTank |
|---|---|
| Heating | WallFurnace |
| Cooling | CeilingFans,WallWindowUnits |
| Utilities | CableConnected,ElectricityConnected,PhoneConnected,SewerAvailable,WaterConnected |
| Possession | Negotiable |
| Roof | Flat,Shingle |
| Construction Materials | Block,Concrete,Stucco |
| Pets Allowed | NoPetRestrictions,Yes |
| Year Built | 1949 |
| Tenant Pays | None |
| Property Subtype | Duplex |
| Tax Year | 2025 |
| Gross Income | 37344 |
| Accessibility | None |
| County | Broward |
| Net Operating Income | 20131 |
| Property Type | ResidentialIncome |
| Subdivision Name | HOLLYWOOD LITTLE RANCHES |
| Status | Active |
| High School | South Broward |
| City | Hollywood |
| Disclosures | OwnerIsListingAgent |
| Senior Community Y/N | false |
| Number Of Units Total | 2 |
| MLS Area | 3050 |
| Elementary School | Oakridge |
| Tax Annual Amount | 9666.78 |
| Middle/Junior High School | Olsen |
| Virtual Tour | https://www.propertypanorama.com/2531-Pierce-Street-Hollywood-FL-33020/unbranded |
| Standard Status | Active |
| Property Sub Type Additional | Duplex |
| PostalCity | Hollywood |
| Legal Description | HOLLYWOOD LITTLE RANCHES 1-26 B LOT 13 E3/4 BLK 14 |
Interior Features
| Flooring | Terrazzo,Tile,Vinyl |
|---|---|
| Total Stories | 1 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
Exterior Features
| Exterior Amenities | Awnings,Lighting,Other,Storage |
|---|---|
| Lot Features | OversizedLot,QuarterToHalfAcreLot |
| Water Source | Public |
| Total Parking | 4 |
| Lot Size Area | 15393 |
| Building Area Total | 1785 |
| Lot Dimensions | 75 feet wide x 206 feet deep |
| Lot Size Acres | 0.35 |
| Road Surface Type | Asphalt,Paved |
| Waterfront Y/N | false |
| Road Frontage Type | CityStreet |
| Road Responsibility | PublicMaintainedRoad |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33020
Price
Taxes
Year Built
In The Neighborhood
Just Listed
Hollywood
$ 697,500
2531 Pierce Street
Hollywood, FL 33020
- Type
- Single Family
- Size
- 1,440 SqFt
- Rooms
- 3 Beds + 2 Baths
Hollywood
$ 500,000
2120 Taylor Street
Hollywood, FL 33020
- Type
- Single Family
- Size
- 775 SqFt
- Rooms
- 2 Beds + 1 Baths
Reduced
Hollywood
$ 639,000
2424 Monroe Street
Hollywood, FL 33020
- Type
- Single Family
- Size
- 1,928 SqFt
- Rooms
- 3 Beds + 2 Baths
Foreclosure
Hollywood
$ 429,900
Hollywood, FL 33020
- Type
- Single Family
- Size
- 1,254 SqFt
- Rooms
- 2 Beds + 2 Baths
Primary On Main
Hollywood
$ 770,000
2703 Fillmore Street
Hollywood, FL 33020
- Type
- Single Family
- Size
- 1,558 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Reduced
Hollywood
$ 420,000
510 S 29th Court
Hollywood, FL 33020
- Type
- Single Family
- Size
- 1,120 SqFt
- Rooms
- 2 Beds + 1 Baths
Reduced
Hollywood
$ 379,000
521 S 24th Avenue
Hollywood, FL 33020
- Type
- Single Family
- Size
- 780 SqFt
- Rooms
- 3 Beds + 2 Baths
Views
Hollywood
$ 669,900
433 N 26th Ave
Hollywood, FL 33020
- Type
- Single Family
- Size
- 2,146 SqFt
- Rooms
- 3 Beds + 3 Baths
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