How do I schedule a tour of 2531 Pierce Street, Hollywood, FL 33020?

Use the Tour button on this listing to request a showing of 2531 Pierce Street, Hollywood, FL 33020. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 2531 Pierce Street, Hollywood, FL 33020 still available?

2531 Pierce Street, Hollywood, FL 33020 is currently listed as Active, and has been on the market 127 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 2531 Pierce Street, Hollywood, FL 33020?

With 20% down ($125,950) on the $629,750 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2531 Pierce Street, Hollywood, FL 33020 is about $3,310/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 2531 Pierce Street, Hollywood, FL 33020?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2531 Pierce Street, Hollywood, FL 33020. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

What schools serve 2531 Pierce Street, Hollywood, FL 33020?

2531 Pierce Street, Hollywood, FL 33020 is zoned for Oakridge (elementary), Olsen (middle), South Broward (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 2531 Pierce Street, Hollywood, FL 33020?

Often, yes. The right offer on 2531 Pierce Street, Hollywood, FL 33020 depends on how it's priced against comparable multi-family sales in Hollywood, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Active

127 Days on Market

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$629,750

2531 Pierce Street

Hollywood, FL 33020

HOLLYWOOD LITTLE RANCHES

Explore the area: Hollywood homes for sale · Broward County real estate

Price Check

How this price compares

List price: $629,750
Price per sq ft: $437
Original price: $697,500
Days on market: 127

This multi-family property in Hollywood Little Ranches is listed at $629,750, or $437 per square foot. The asking price has come down 9.7% from its original $697,500. It has been on the market for 127 days.

Bedrooms

Bathrooms

1,440

Living Sq Ft

1949

Year Built

Estimated monthly payment

$3,310 /mo

Principal and interest only, based on $125,950 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price: $629,750
Days on Site: 127 Days
Bedrooms: 0
Total Baths: 0
Living Area: 1,440 sqft
Total Sq Ft: 1,785 sqft
Lot Size: 0.35 Acres
Year Built: 1949
Property Type: Multi-Family
MLS #: B26036914
Property Tax: $9,667 (2025)
Subdivision: HOLLYWOOD LITTLE RANCHES
County: Broward
Status: Active
Special Conditions: Standard

About This Property

This is how to generate great returns in today's market while protecting your downside. Acquire an income producing 3/2 home (w/in-law suite) & additional development capacity (the right to build 8 more units), 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 viable layout, parking & access. A formal Pre-Application Consultation (PAC) meeting with the city has been held; representatives from every relevant discipline were present (planning, zoning, engineering, landscape, fire, etc) and they confirmed the site plan is feasible & compliant with current zoning & regulations. Sold land comps: $50k per (mostly 1 bedroom) unit. Active land comps: $58k-$101k per (mostly 1 bedroom) unit. Two bedroom units generally rent for around 30% more than one bedroom units; land buildable for two bedroom units is generally valued around 30% more than land buildable for one bedroom units. 3/2 house comps: $499k-$679k active, $410k-$580k sold. Subject property is a 3/2 house + 8 (2 bedroom) units of buildable land; market value ~$900k. 2 bed rents:$1.8k-$2.5k/mo. 3 bed rents:$3k-$3.8k/mo. Build cost:~$1.3M-$1.5M. All in:~$2M. Projected value:$3M+ = ~$1M instant equity. Potential ~10% cap. Seller will finance. Property is in a Qualified Opportunity Zone, which offers the potential for major tax benefits including deferring taxes, reducing capital gains taxes, and potentially paying no tax at all on the profit when you sell the property; consult tax professional for details and eligibility. See photos & attachments for details on location, plans, and comps. Call listing agent for more information.

MLS media link

General Features

Property Type: Multi-Family
Status: Active
Year Built: 1949
Number of Stories: 1
Lot Size (Acres): 0.35
Living Sq Ft: 1,440
Total Sq Ft: 1,785
Structure Type: Duplex / House / Multi Family
Sewer: Public Sewer / Private Sewer / Septic Tank
Water Source: Public
Zoning: RM-18

Interior Features

Cooling: Ceiling Fans / Wall Window Units
Heating: Wall Furnace
Flooring: Terrazzo / Tile / Vinyl

Exterior Features

Construction: CBS Concrete Block Structure / Block / Concrete / Stucco
Roof: Flat / Shingle
Exterior Features: Awnings / Lighting / Other / Storage
Lot Features: Oversized Lot / Quarter To Half Acre Lot

Community & HOA

Utilities: Cable Connected / Electricity Connected / Phone Connected / Sewer Available / Water Connected
Pets Allowed: No Pet Restrictions / Yes
Financing Terms: Cash / Conventional / Cryptocurrency / Exchange1031 / Owner Will Carry / Private Financing Available
Restrictions: No Restrictions / Ok To Lease
MLS Area: 3050

Schools

Elementary School: Oakridge
Middle School: Olsen
High School: South Broward

About the Community

Hollywood Little Ranches

View Community Details →

Hollywood Little Ranches is a community in Hollywood, Broward County, Florida. Active listings are priced from $379,000 to $1,200,000. Homes were built between 1924 and 2027. Pure Equity lists homes in Hollywood Little Ranches and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale: 67
Under Contract: 9
Median List Price: $627,375
Median Sale Price (September): $370,000
Median $/Sq Ft: $435
Avg Days on Market: 177

View all 67 homes for sale in Hollywood Little Ranches →

Frequently Asked Questions

How do I schedule a tour of 2531 Pierce Street, Hollywood, FL 33020?: Use the Tour button on this listing to request a showing of 2531 Pierce Street, Hollywood, FL 33020. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 2531 Pierce Street, Hollywood, FL 33020 still available?: 2531 Pierce Street, Hollywood, FL 33020 is currently listed as Active, and has been on the market 127 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 2531 Pierce Street, Hollywood, FL 33020?: With 20% down ($125,950) on the $629,750 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2531 Pierce Street, Hollywood, FL 33020 is about $3,310/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 2531 Pierce Street, Hollywood, FL 33020?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2531 Pierce Street, Hollywood, FL 33020. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 2531 Pierce Street, Hollywood, FL 33020?: 2531 Pierce Street, Hollywood, FL 33020 is zoned for Oakridge (elementary), Olsen (middle), South Broward (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 2531 Pierce Street, Hollywood, FL 33020?: Often, yes. The right offer on 2531 Pierce Street, Hollywood, FL 33020 depends on how it's priced against comparable multi-family sales in Hollywood, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of United Realty Group Inc.

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$629,750

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Listed by Michael J Sheer, United Realty Group Inc.

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Recently sold homes in Hollywood Little Ranches

These are the last 6 recorded closings in Hollywood Little Ranches, with the price each home actually sold for rather than what it was listed at. They closed at a median of $286 per square foot. The most recent closed on September 30, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.