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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Interior Features
Roof: Flat, Shingle -
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, StuccoPrivate Pool: No -
Exterior Features
Exterior Features: Awnings, Lighting, Other, Storage
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Lot Information
Lot Dimensions: 75 feet wide x 206 feet deep Main Square Feet: 15393 Lot Size Acres: 0.35 Lot Description: OversizedLot,QuarterToHalfAcreLotProperty Information
Subdivision: HOLLYWOOD LITTLE RANCHES Source Property Type: ResidentialIncome MLS Area Minor: HWEA - Hollywood East (3010-3050) Postal Code Plus 4: 4311 Property SubType: Duplex Property Age: 77
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Listing Price Information
Listing Price: $629750Original Price: $697500Cash, Conventional, Cryptocurrency, Exchange1031, OwnerWillCarry, PrivateFinancingAvailable
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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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Parking Information
Parking Total: 4Garage 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, PhoneConnected, SewerAvailable, WaterConnected -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1922 Jefferson Street, Hollywood, FL, 33020 | $875,000 | 6 | 5 | 2,262 | -- |
| 2620 Harding Street, Hollywood, FL, 33020 | $665,000 | 3 | 3 | 1,551 | -- |
| 1927/1929 Roosevelt St, Hollywood, FL, 33020 | $2,195,000 | 1 | 1 | 6,450 | -- |
| 2512 Arthur Street, Hollywood, FL, 33020 | $449,999 | 2 | 2 | 1,000 | 6,480 Sq. Ft |
| 1914 Sheridan St Street.., Hollywood, FL, 33020 | $629,000 | 3 | 3 | 1,684 | 7,123 Sq. Ft |
| 1942 Buchanan Street, Hollywood, FL, 33020 | $1,800,000 | 5 | 3 | 1,871 | 10,909 Sq. Ft |
| 1743 Rodman Street, Hollywood, FL, 33020 | $1,265,000 | 2 | 3 | 2,585 | 10,836 Sq. Ft |
| 1923 N 23rd Avenue, Hollywood, FL, 33020 | $669,000 | 4 | 2 | 1,401 | -- |
| 2739 Lincoln Street, Hollywood, FL, 33020 | $1,099,000 | 5 | 4 | 2,397 | -- |
| 1930 Pierce Street #1-4, Hollywood, FL, 33020 | $750,000 | 6 | 9 | 1,788 | 5,453 Sq. Ft |
Similar Multifamily To 2531 Pierce Street
Nearby For Sale
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ByOwner last updated this listing 09/19/2026 @ 20:50
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