2459 Pierce Street 16, Hollywood, FL 33020

Listing Snapshot

Price

$1,000,000

Days on Site

96 Days

Bedrooms

0

Total Baths

0

Total Sq Ft

2,960 sqft

Lot Size

0.24 Acres

Year Built

1950

Property Type

Commercial

MLS #

A11907337

Property Tax

$16,077 (2024)

County

Broward

Status

Sold

About This Property

Prime value-add multifamily opportunity in Hollywood! This offering features two triplexes at 2459 & 2463 Pierce St with 6 total units—four 1-bed/1-bath units and two studios—on a half-acre lot. Each unit has a separate electric meter, and each building has its own water meter. This fixer-upper requires rehab, and current rents are below market with all units month-to-month, offering immediate upside. With a pro-forma gross income of $115,200, renovations provide significant potential for rent growth and higher returns. Ideally located just 5 minutes from Downtown Hollywood and I-95, 8 minutes to Hollywood Beach, and 10 minutes from FLL Airport, this property is perfect for investors seeking scale, income growth, and long-term appreciation. Seller financing available!

General Features

Property Type

Commercial

Status

Sold

Year Built

1950

Lot Size (Acres)

0.24

Total Sq Ft

2,960

Sewer

Septic Tank

Water Source

Public

Zoning

RM-18

Interior Features

Flooring

Other / Vinyl

Exterior Features

Roof

Built Up / Other

Community & HOA

Financing Terms

Cash / Conventional / Owner Will Carry / Other

MLS Area

3050