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 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 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: 2Roofing 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 MLS Area Minor: HWEA - Hollywood East (3010-3050) 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: $629750Original 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 |
|---|---|---|---|---|---|
| 2923 Madison St, Hollywood, FL, 33020 | $729,999 | 4 | 3 | 1,846 | 10,264 Sqft |
| 2120 Taylor Street, Hollywood, FL, 33020 | $425,000 | 2 | 1 | 775 | 5,753 Sqft |
| 804 N 20th Ct, Hollywood, FL, 33020 | $550,000 | 3 | 2 | 1,662 | 5,590 Sqft |
| 1603 Jefferson Street, Hollywood, FL, 33020 | $580,000 | 3 | 2 | 1,521 | 5,455 Sqft |
| 2815 Adams Street, Hollywood, FL, 33020 | $590,000 | 6 | 3 | 1,306 | 10,257 Sqft |
| 2422 Sherman Street, Hollywood, FL, 33020 | $580,000 | 4 | 3 | 1,631 | 6,732 Sqft |
| 2901 Fletcher Street, Hollywood, FL, 33020 | $365,000 | 3 | 2 | 956 | 4,432 Sqft |
| 2227 Wiley Court, Hollywood, FL, 33020 | $649,000 | 4 | 3 | 1,865 | 8,531 Sqft |
| 1835 Roosevelt Street, Hollywood, FL, 33020 | $569,000 | 3 | 3 | 1,416 | 7,053 Sqft |
| 1302 S 23rd Avenue, Hollywood, FL, 33020 | $450,000 | 3 | 2 | 1,580 | 8,531 Sqft |
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ByOwner last updated this listing 09/15/2026 @ 01:43
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