2531 Pierce Street
Hollywood, FL 33020
3
Bed
2
Bath
1,440Sqft
15,393Sqft(Lot)
Rare opportunity to acquire an income producing 3/2 home (w/in-law suite) & additional development capacity, walking distance from schools, library, parks & Downtown Hollywood, at over 20% 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 viabl
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 3Roofing Information
Flat, ShingleFlooring Information
Laminate, Parquet, Terrazzo, Tile, Vinyl -
Interior Features
BedroomOnMainLevel, Other, SplitBedrooms, StorageRoof: Flat, ShingleAppliances: Cooktop, Dryer, ElectricCooktop, ElectricRange, Microwave, Oven, Range, Refrigerator, WaterHeater, Washer -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: CeilingFans, WallWindowUnits
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Building Information
Year Built: 1949Building Area Total: 1785Construction Materials: Block, Concrete, StuccoStories: 1Private Pool: No -
Exterior Features
Exterior Features: Awnings, Other, Storage
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Lot Information
Lot Dimensions: 75 feet x 206 feet Main Square Feet: 15393 Lot Size Acres: 0.35 Lot Description: OversizedLot,QuarterToHalfAcreLotProperty Information
Subdivision: HOLLYWOOD LITTLE RANCHES Source Property Type: Residential Postal Code Plus 4: 4311 Property SubType: Single Family Residence Direction Faces: South Levels: One Property Age: 77
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Listing Price Information
Listing Price: $679850Original Price: $697500Cash, Conventional, Cryptocurrency, Exchange1031, OwnerWillCarry, Other, PrivateFinancingAvailable, Trade
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Tax Information
Parcel Number: 514216015270 Tax Year: 2025 Annual Tax: $9666.78 Tax Legal Desc: HOLLYWOOD LITTLE RANCHES 1-26 B LOT 13 E3/4 BLK 14
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Virtual Tour
Parking Information
Parking Total: 4 AttachedCarport, Covered, CarportGarage Information
Pets Allowed: NoPetRestrictions, Yes
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School Information
Elementary School: Oakridge Junior High School: Olsen Senior High School: South Broward -
Utility Information
CableConnected, ElectricityConnected, Other, PhoneConnected, SewerConnected, WaterConnected -
Location Information
WaterSource: Public Security Features: SmokeDetectors
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2631 Thomas St, Hollywood, FL, 33020 | $624,000 | 2 | 1 | 1,148 | 1,148 SqFt |
| 1777 N 17th Ct, Hollywood, FL, 33020 | $549,900 | 3 | 2 | -- | |
| 1532 Fletcher St, Hollywood, FL, 33020 | $759,000 | 3 | 3 | 1,608 | 1,608 SqFt |
| 2619 Arthur St, Hollywood, FL, 33020 | $689,000 | 4 | 3 | 2,708 | 2,708 SqFt |
| 842 S 28th Ave, Hollywood, FL, 33020 | $359,000 | 2 | 1 | 935 | 935 SqFt |
| 412 S 24th Avenue, Hollywood, FL, 33020 | $520,000 | 3 | 2 | 1,025 | 1,025 SqFt |
| 2040 Polk Street, Hollywood, FL, 33020 | $1,799,000 | 7 | 2 | 3,040 | 3,040 SqFt |
| 1637 Monroe St, Hollywood, FL, 33020 | $2,049,000 | 4 | 5 | 2,657 | 2,657 SqFt |
| 2518 Sherman Street, Hollywood, FL, 33020 | $395,000 | 2 | 1 | 990 | 990 SqFt |
| 2533 Fillmore St, Hollywood, FL, 33020 | $1,000,000 | 2 | 1 | 1,385 | 1,385 SqFt |
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ByOwner last updated this listing 07/31/2026 @ 16:23
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