Price Check
How this price compares
- List price
- $629,750
- Price per sq ft
- $437
- Vs. nearby sales
- 52.8% above
- Days on market
- 124
This 3-bedroom single-family home 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 124 days. The 5 most recent single-family home sales in the closings shown below sold at a median of $286 per square foot, so the asking price is 52.8% above what comparable homes here actually sold for.
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.
Customize this estimateListing Snapshot
- Price
- $629,750
- Days on Site
- 124 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,440 sqft
- Total Sq Ft
- 1,785 sqft
- Lot Size
- 0.35 Acres
- Year Built
- 1949
- Property Type
- Single Family
- MLS #
- B26036952
- 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 linkGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1949
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Parking
- Attached Carport / Covered / Carport
- Direction Faces
- South
- Lot Size (Acres)
- 0.35
- Living Sq Ft
- 1,440
- Total Sq Ft
- 1,785
- Structure Type
- House
- Sewer
- Public Sewer / Private Sewer / Septic Tank
- Water Source
- Public
- Zoning
- RM-18
Interior Features
- Appliances
- Cooktop / Dryer / Electric Cooktop / Electric Range / Microwave / Oven / Range / Refrigerator / Water Heater / Washer
- Cooling
- Ceiling Fans / Wall Window Units
- Heating
- Wall Furnace
- Flooring
- Laminate / Parquet / Terrazzo / Tile / Vinyl
- Interior Features
- Bedroom On Main Level / Other / Split Bedrooms / Storage
- Main Level Bedrooms
- 2
- Main Level Baths
- 3
- Total Rooms
- 3
- Furnished
- Unfurnished
Exterior Features
- Construction
- CBS Concrete Block Structure / Block / Concrete / Stucco
- Roof
- Flat / Shingle
- Exterior Features
- Awnings / Other / Storage
- Architectural Style
- Contemporary
- Lot Features
- Oversized Lot / Quarter To Half Acre Lot
Community & HOA
- Security
- Smoke Detectors
- Utilities
- Cable Connected / Electricity Connected / Other / Phone Connected / Sewer Connected / Water Connected
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional / Cryptocurrency / Exchange1031 / Owner Will Carry / Other / Private Financing Available / Trade
- 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 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
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 124 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 single 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.
Map & Location
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Recent Sales
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.
Sold$375,000
Sold · September 30, 2026
2120 Taylor Street
2 bed · 1 bath · 775 sqft · $484/sqft
$50,000 under the asking price
Sold$550,000
Sold · September 25, 2026
2424 Monroe Street
3 bed · 2 bath · 1,928 sqft · $285/sqft
$49,000 under the asking price
Sold$550,000
Sold · September 25, 2026
2424 Monroe Street
0 bed · 0 bath
$49,000 under the asking price
Sold$240,000
Sold · September 24, 2026
418 S 24th Avenue
2 bed · 1 bath · 840 sqft · $286/sqft
$59,000 under the asking price
Sold$300,000
Sold · September 23, 2026
2541 Washington Street
2 bed · 1 bath · 1,083 sqft · $277/sqft
$20,000 over the asking price
Sold$440,000
Sold · September 11, 2026
2410 Jackson Street
2 bed · 1.5 bath · 1,238 sqft · $355/sqft
$10,000 over the asking price
See every recorded sale in Hollywood Little Ranches or find out what your Hollywood Little Ranches home is worth.
