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1776 Polk Street Unit 703, Hollywood
$450,000
1 Beds ⋅ 1 Baths ⋅ A12036311 MLS
INVESTOR-FRIENDLY: 30-DAY MINIMUM RENTALS, UP TO 12 LEASES PER YEAR. Ideal for monthly, seasonal and mid-term rental use or Regular lease. CIRC Residences 1BR/1BA with a flexible rental policy allowing both conventional long-term leases and 30-day minimum rentals up to 12 times per year. Vacant and move-in ready. Features include a private balcony with skyline views, impact windows and doors, tile flooring, in-unit washer/dryer, assigned parking on the same 7th floor as the unit, and separate private storage. Built in 2018 with pool, fitness center, resident lounge, BBQ area, secured lobby, bicycle storage and EV charging. Publix next door, Young Circle across the street, Downtown Hollywood nearby, and Hollywood Beach just minutes away. Residential condo: 30-day minimum, up to 12 leases/year. Not a condo-hotel.Monthly and mid-term rentals can be a practical strategy for owners, with a streamlined tenant approval process that, per management, may be completed in up to 7 days.

1776 Polk Street Unit 703, Hollywood
2200 Park Lane Unit 105, Hollywood
$145,900
1 Beds ⋅ 1 Baths ⋅ A12034083 MLS
Enjoy easy living in this 1-bedroom, 1-bath home located in the sought-after Sheridan Lakes 55+ community. This inviting residence offers a comfortable and functional layout in a peaceful, well-maintained neighborhood. Residents enjoy a calm atmosphere while being just minutes from shopping plazas, dining options, and everyday essentials, with easy access to major highways for convenient travel. Ideal for those seeking a relaxed, low-maintenance lifestyle in a friendly, age-restricted community.

2200 Park Lane Unit 105, Hollywood
1425 Arthur Street Unit 205A, Hollywood
$165,000
2 Beds ⋅ 2 Baths ⋅ A12030226 MLS
Purchase with 5% down.This well maintained 2-bedroom, 2-bathroom condo is located in a prime location with easy access to the beach, Young Circle, shopping, 9 hole golf course, and Fort Lauderdale Airport. Relax on the spacious screened patio. Inside, you'll find tile floors throughout, a kitchen boasting newer wood cabinets with ample storage, granite countertops and stainless steel appliances. Impact windows provide peace of mind. Community amenities include a BBQ area, swimming pool, and sauna. This condo welcomes all ages and small pets. Maintenance fees cover water, basic cable, and reserves plus more. Leasing is permitted after 18 months of ownership. New roof installed 2024.

1425 Arthur Street Unit 205A, Hollywood
2400 N 57th Way, Hollywood
$519,000
3 Beds ⋅ 2 Baths ⋅ A11984652 MLS
BEAUTIFUL SINGLE HOUSE ,CONVENIENTLY LOCATED NEAR TO SHOPPING CENTERS OF SHERIDAN ST ,MANY UPGRADES AND RENOVATIONS ,MODERN AND BEAUTIFUL KITCHEN ,NEW TANKLESS, NEW ELECTRICAL PANEL,COZY BACK YARD FULLY FENCED,DONT MISS THIS OPPORTUNITY IN A PRIME LOCATION.

2400 N 57th Way, Hollywood
1720 Harrison Street Unit 14D, Hollywood
$197,000
1 Beds ⋅ 1 Baths ⋅ A12024549 MLS
TURNKEY & AIRBNB-APPROVED WITH OCEAN VIEWS! Fully furnished 1-bed + 2nd flex room (ideal home office or guest space) featuring floor-to-ceiling windows, panoramic skyline/ocean views, and in-unit washer/dryer.NO RENTAL RESTRICTIONS: Short-term rentals allowed—start generating income on Day 1!RESORT AMENITIES: Pool, gym, and pet-friendly building.UNBEATABLE LOCATION: Walk to Downtown Hollywood, 5 mins to the Beach, 10 mins to FLL Airport.Move-in ready for immediate cash flow or a private getaway. Schedule your private tour today!

1720 Harrison Street Unit 14D, Hollywood
4010 S Ocean Drive Unit R2905, Hollywood
$780,000
2 Beds ⋅ 2 Baths ⋅ A12007261 MLS ⋅ Hyde House Beach Res BLDG.
Direct oceanfront 29th-floor residence at Hyde Beach House R2905, Hollywood Beach's premier luxury resort tower. Turnkey 1,044 SF 2BR/2BA with breathtaking views of the Atlantic, Intracoastal, and Miami and Fort Lauderdale skylines from a private balcony. Built 2019. Sold fully furnished with established rental history. Resort amenities include infinity pool deck with cabanas, outdoor cinema and fire pit, Aqua Club with jet skis and paddleboards, tennis, racquetball, fitness center, spa, oceanfront restaurant, beach service, valet, and 24-hour concierge. Flexible short-term rental policy — ideal for investors, second-home buyers, and international purchasers. Minutes to FLL, Aventura Mall, and Gulfstream Park.

4010 S Ocean Drive Unit R2905, Hollywood
3725 S Ocean Drive Unit 508 (AVAILABLE), Hollywood
$490,000
2 Beds ⋅ 2 Baths ⋅ A11932198 MLS
Looking for the perfect beachfront opportunity?Wake up to breathtaking ocean views from your own unit and enjoy the best of coastal living in this spacious 2-bedroom residence offering over 1,200 sq ft of well-designed living space. Generously sized bedrooms and a flexible layout make this unit ideal for both personal enjoyment and investment. Located in the heart of Hollywood Beach, this property allows highly flexible rental options, making it perfect for investors or as your own beach getaway. Don’t miss this exceptional beachfront opportunity. Call today to schedule your private showing!

3725 S Ocean Drive Unit 508 (AVAILABLE), Hollywood
5328 SW 18th Street, Hollywood
$395,000
3 Beds ⋅ 2 Baths ⋅ A12018965 MLS
Great 3/2 with a 7,166 sf located in West Park, a wonderful opportunity to build your Home.THIS PROPERTY CAN BE FINANCED BY THE OWNER

5328 SW 18th Street, Hollywood
5830 Garfield Street, Hollywood
$735,000
B26046104 MLS
Investor Alert!Excellent opportunity to add a well-maintained duplex to your investment portfolio. Each spacious 2 bedroom, 2-bath unit features its own private entrance, separate driveway, updated kitchen, durable tile flooring, dedicated laundry/storage room and a large backyard. Separate electric and water meters allow tenants to pay their own utilities, helping reduce landlord operating expenses. The property's desirable layout and amenities make it highly attractive to long-term tenants and offer strong rental potential. Whether you are expanding your portfolio or seeking an owner-occupancy opportunity while generating rental income from the second unit, this property offers outstanding flexibility in a convenient Hollywood location close to major highways, schools and beaches. An excellent income-producing potential. Estimated market rental projections available. Opportunities like this don't last! Located just east of St Rd 7 (441) on Garfield St. in a highly desirable rental area with easy access to all conveniences.

5830 Garfield Street, Hollywood
3348 Florida Street, Hollywood
$85,000
2 Beds ⋅ 2 Baths ⋅ B26045980 MLS
Welcome to this charming 2-bedroom, 1.5-bathroom mobile home located in the desirable Orangebrook Harbor community in Hollywood, Florida. This single-story residence offers 800 square feet of finished living space, providing comfortable accommodation for various living situations. The practical layout and manageable size make this property an excellent choice for those seeking an efficient, easy-to-maintain home. Situated in an established community, this mobile home presents an accessible entry point into homeownership in the Hollywood area.

3348 Florida Street, Hollywood
1716 N 25th Avenue, Hollywood
$400,000
2 Beds ⋅ 1 Baths ⋅ B26045941 MLS
This property qualifies for 5.625 % interest for First Time Home Buyers with only 3% down and no mortgage insurance. Call Listing agent for more information. Welcome to this Rarely available 2/1 home in Hollywood Park home, set on an oversized corner lot with full fencing for privacy and endless possibilities. Easy to make a 3/2. The BRAND NEW 2026 ROOF and rare one car garage adds peace of mind and convenience, while the RM 9 zoning means you can build a duplex or expand your footprint over time. Whether you're a first-time buyer, downsizing, or investing, this home delivers unbeatable potential at a price designed to move. AC 2018 and Water heater is 2020. Let's not forget the Hurricane protection as well. RM 9 Zoning Description (Luxury, Clear, Investor Friendly) Rarely available RM 9 zoning — the potential is unlimited. This flexible designation allows multifamily development (duplex, triplex, or small multi-unit configurations depending on lot size) and the ability to operate certain low impact, owner occupied businesses such as a smoke shop, insurance office, or similar service-based uses with proper city approval. Whether you're looking to build income producing units or open your own business, RM 9 gives you options that standard residential zoning simply doesn't. A true opportunity for investors, developers, and entrepreneurs. First-Time Homebuyer Opportunity. Buy with as little as 3% down Up to $5,000 toward closing costs with this mortgage program. If your buyer is a first-time homebuyer, this could make purchasing this home much more affordable. Call me for details and to find out if you qualify! Program, rates, terms, and eligibility are subject to lender approval and qualification. Hurry great for investors or First-time home buyers.

1716 N 25th Avenue, Hollywood
1844 Sheridan Street, Hollywood
$675,000
3 Beds ⋅ 2 Baths ⋅ B26045113 MLS
Welcome to this charming single-story residence in North Hollywood, Hollywood, FL. This thoughtfully designed home offers 1,432 square feet of finished living space providing comfortable accommodations and versatile layouts.. Situated in the established North Hollywood community, this property presents an excellent opportunity for those seeking a practical and well-proportioned residence in the Hollywood area. This is zone for commercial and residential prime location.

1844 Sheridan Street, Hollywood
1720 Harrison Street Unit 15a, Hollywood
$259,000
1 Beds ⋅ 2 Baths ⋅ B26045027 MLS
Rare corner residence in the heart of Downtown Hollywood offering breathtaking panoramic views from the 15th floor. This unique 1BR unit features 3 balconies, Two Baths, abundant natural light, and a versatile glass-enclosed bedroom that maximizes both space and views. Enjoy spectacular skyline, city, and sunset vistas from multiple exposures throughout the residence. Located in an investor-friendly building that permits short-term rentals, this property presents an exceptional opportunity as a primary residence, vacation home, or income-producing investment. Residents enjoy access to a swimming pool, fitness center, secured entry, and a prime location just minutes from Hollywood Beach, the Boardwalk, dining, shopping, entertainment, Gulfstream Park, and Fort Lauderdale-Hollywood Airport.

1720 Harrison Street Unit 15a, Hollywood
1720 Harrison Street Unit 14h, Hollywood
$249,000
1 Beds ⋅ 1 Baths ⋅ B26044923 MLS
Welcome to this beautifully updated corner residence in the heart of Downtown Hollywood, offering breathtaking panoramic city views from the 14th floor. This light-filled unit features an open-concept layout, updated finishes, wood flooring, and the convenience of an in-unit washer and dryer. Located in a sought-after building that allows short-term rentals, this property presents an exceptional opportunity for investors, seasonal owners, or those seeking flexible rental income potential. Residents enjoy resort-style amenities including a swimming pool, fitness center, secured entry, and on-site management. Ideally situated just minutes from Hollywood Beach, the Boardwalk, restaurants, entertainment, shopping, Gulfstream Park, Aventura Mall, and Fort Lauderdale-Hollywood Airport. Can be sold Furnished.

1720 Harrison Street Unit 14h, Hollywood
1554 S 33rd Road, Hollywood
$119,000
2 Beds ⋅ 2 Baths ⋅ B26044569 MLS ⋅ Orangebrook Harbor BLDG.
Welcome to this thoughtfully designed 2-bedroom, 2-bathroom mobile home located in Orangebrook Harbor, Hollywood, FL. Offering 1,200 square feet of finished living space on a single floor, this residence provides functional comfort and practical layout for everyday living. The two full bathrooms ensure convenience for all occupants, while the open floor plan maximizes the usable square footage. Situated in the established Orangebrook Harbor community, this property offers an accessible lifestyle in Hollywood. This is an excellent opportunity to own a well-proportioned home in a convenient location.

1554 S 33rd Road, Hollywood
1552 S 33rd Road, Hollywood
$59,000
2 Beds ⋅ 2 Baths ⋅ B26044512 MLS
Welcome to this well-designed manufactured home in the Orangebrook community of Hollywood, Florida. This single-story residence offers 1,174 square feet of comfortable living space with two bedrooms and two full bathrooms, providing practical accommodation for modern living. The efficient floor plan makes excellent use of the available square footage, creating a functional layout that maximizes usable space. Located in the established Orangebrook subdivision, this property presents an accessible option for those seeking a straightforward residential investment in the Hollywood area.

1552 S 33rd Road, Hollywood
3777 NW 78th Avenue NW Unit 10D, Hollywood
$184,045
2 Beds ⋅ 2 Baths ⋅ B26044302 MLS ⋅ 10 BLDG.
RENOVATED 2-BEDROOM CONDO IN HOLLYWOOD — GREAT INVESTMENT OR FUTURE PRIMARY RESIDENCE! Beautifully updated 2-bedroom, 2-bathroom condo with approximately 1,000 square feet in Gateland Village, Hollywood, Florida. Features an updated kitchen with granite countertops and stainless steel appliances, remodeled bathrooms, and comfortable living spaces. Currently rented for $2,000 per month on a month-to-month basis. The monthly HOA fee is $728. Excellent opportunity for investors seeking rental income or buyers looking for a future primary residence. Seller is willing to coordinate delivery of the property vacant at closing, subject to proper legal notice and tenant rights. Conveniently located near shopping, dining, major highways, and the Seminole Hard Rock Hotel & Casino. Property is currently tenant-occupied on a month-to-month basis, generating $2,000 in monthly rental income. The monthly HOA fee is $728. Excellent opportunity for investors or owner-occupants. Seller is willing to coordinate vacant delivery at closing, subject to proper legal notice, tenant rights, and an agreed closing timeline. Showings by appointment only with advance notice.

3777 NW 78th Avenue NW Unit 10D, Hollywood
4650 Washington Street Unit 504, Hollywood
$69,995
1 Beds ⋅ 2 Baths ⋅ B26043938 MLS
Bright and spacious 1-bedroom, 1.5-bath top-floor condo in a welcoming 55+ Hollywood community. This move-in-ready unit features a charming retro kitchen with newer appliances, a well-maintained vintage bathroom, and a large walk-in closet offering excellent storage. Enjoy abundant natural light and peaceful views of the courtyard and pool from this quiet top-floor location.The building recently received a new roof, adding long-term value and peace of mind. One of the lowest-priced condos in the area, offering an excellent opportunity for buyers seeking affordability with strong upside potential. A clean and comfortable home with classic character and the chance to update to your personal style. Association requires MINIMUM CREDIT SCORE 675!

4650 Washington Street Unit 504, Hollywood
201 Van Buren Street Unit 205, Hollywood
$500,000
1 Beds ⋅ 2 Baths ⋅ B26043729 MLS ⋅ Seahorse BLDG.
BUYING IN FLORIDA FOR YOUR NEW HOME - CLOSE BY 12/31/2026 TO GET LARGE HOMESTEAD DEDUCTION! DIRECT OCEAN FRONT RESIDENCE WITH ONLY DIRECT OCEANFRONT/BROADWALK-BEACH VIEWS, THIS IS FOR YOU! DIRECT OCEANFRONT TO HOLLLYWOOD BEACH & BROADWALK . THIS AMAZING 1 BEDROOM HAS 2 FULL BATHS. LARGE LIVING AND BEDROOM AREAS, CROWN MOLDING, BATHROOMS REMODELED. NEW CENTRAL A/C, NEUTRAL TILE, TANKLESS WATER HEATER. WASHER/DRYER IN UNIT. INVESTORS RENT RIGHT AWAY. BOUTIQUE BUILDING ROOFTOP HEATED POOL AND AMAZING ROOF DECK FOR SUN & WATCHING DRAMATIC SUNSETS. SMALL EXERCISE ROOM ON SITE. ONE COVERED ASSIGNED PARKING SPACE. BUILDING HAS RESERVES AND PASSED ALL INSPECTIONS! COME MAKE THIS YOUR BEACH HOME. YOU WILL LOVE LIVING AT THE SEAHORSE, YOUR DIRECT OCEANFRONT BOUTIQUE RESIDENCE! EASY TO SHOW CALL LISTING AGENT.

201 Van Buren Street Unit 205, Hollywood
2518 Sherman Street, Hollywood
$349,000
2 Beds ⋅ 1 Baths ⋅ B26043691 MLS ⋅ Hollywood Park BLDG.
HUGE INVESTOR/DEVELOPER OPPORTUNITY! Zoned RM-9 for multi family. Single family home and lower density, multifamily housing options.....duplexes and multiplexes. Up and coming area less than 2 miles from the beach. Very close to Sherwood shopping area with restaurants, Sams, Home Depot, and many many other retail stores.

2518 Sherman Street, Hollywood
2101 S Ocean Drive Unit 801, Hollywood
$469,000
2 Beds ⋅ 2 Baths ⋅ B26043487 MLS
Wake up to beautiful ocean views from this 2 bedroom, 2 bath corner unit on Hollywood Beach. Filled with plenty of natural light, this well-maintained condo offers a comfortable layout and the perfect opportunity to personalize the space to your style while enjoying all the benefits of beachfront living. The Quadomain complex is made up of 4 buildings, and amenities include oceanfront pools, fitness centers, a billiard room, golf room, library, beauty salon, valet service, and 24-hour security. The new Publix is down the street, along with countless dining options in both directions. This condo is just 1 mile from the famous Hollywood Broadwalk, 3 miles from Downtown Hollywood, and only 8 miles to FLL Airport. This is a wonderful opportunity to enjoy South Florida's coastal lifestyle.

2101 S Ocean Drive Unit 801, Hollywood
2927 Bogota Avenue, Hollywood
$825,000
4 Beds ⋅ 2 Baths ⋅ B26042332 MLS
Welcome to this charming 4-bedroom, 2-bathroom single-family residence situated in Embassy Lakes, Hollywood, FL. This well-designed two-story home spans 2,450 square feet of finished living space, offering comfortable accommodations and functional layout for modern living. The property includes a 2-car garage, providing convenient parking and storage solutions. Located within the Embassy Lakes community, this residence presents an excellent opportunity for those seeking quality construction and practical design in a established area.

2927 Bogota Avenue, Hollywood
940 Doveplum Court, Hollywood
$574,900
3 Beds ⋅ 3 Baths ⋅ B26041749 MLS
Contemporary, beautifully upgraded Townhome, ready to move in. Granite counters, stainless steel appliances, new flooring. Freshly painted and just waiting for a new owner. 3 beds and 3 full baths. On bedroom and bath located on the first floor. West Lake Village is located in a manned-gated community. Amenities include a heated pool, jacuzzi, tennis, pickleball, gym, clubhouse and play area. Located just a couple of miles to the Hollywood Beach Boardwalk.

940 Doveplum Court, Hollywood
4001 S Ocean Drive Unit 3h, Hollywood
$465,000
2 Beds ⋅ 2 Baths ⋅ B26041252 MLS
BEACHFRONT 2-BEDROOM • SHORT-TERM RENTALS ALLOWED! Beautifully updated and fully furnished 2BR/1.5BA condo in Hollywood Beach. Turnkey & ready for immediate occupancy or vacation rental use. Meticulously remodeled to perfection. Sold fully furnished. One of the lowest HOA fees and property taxes among comparable 2-bedroom units. The building is in excellent structural, physical, and financial condition, with no pending special assessments. SIAN OCEAN stands out as one of the premier Airbnb-friendly buildings in the area, offering exceptional value compared to other short-term rental properties. Excellent opportunity for a savvy investor, second home, or vacation getaway. Priced at $465,000—don't miss your chance!**

4001 S Ocean Drive Unit 3h, Hollywood
2030 N 54th Avenue, Hollywood
$789,000
3 Beds ⋅ 2 Baths ⋅ B26040748 MLS
OPEN HOUSE OCTOBER 25th from 12pm to 3 pm. Located in a beautiful neighborhood of Hollywood Hills, this beautiful home offers the perfect blend of comfort, style & convenience. Open layout with abundant natural light. Quartz Countertops. Kitchen & with brand new top-of-the-line appliances, 1 car garage. Full-size washer & dryer. Extra-large backyard with private screening pool, circular driveway provides ample parking. Hurricane impact windows. Roof 2018. Located in a family/pet friendly neighborhood, this home offers unbeatable proximity to some of the area's top attractions, including Downtown Hollywood, beaches, shopping and restaurants & Fort Lauderdale Airport, close access to I-95. Turnpike. NO HOA! House lot is 8283 SQ FT.

2030 N 54th Avenue, Hollywood
1801 S Surf Road Unit 2a, Hollywood
$445,000
1 Beds ⋅ 1 Baths ⋅ B26039604 MLS
Direct Ocean Views! Rarely available corner unit in an elevator building featuring impact windows and doors, porcelain tile throughout, all new appliances, HVAC 3 years new, oversized bedroom, custom shower, in-unit washer and Miele dryer, and Hunter Douglas custom shades. Enjoy direct beach and boardwalk access, a renovated lobby, updated social areas, pool, bike storage, assigned parking plus guest parking, and a fantastic location just 15 minutes from Fort Lauderdale Airport. No leasing permitted during the first two years of ownership. Thereafter, rentals are permitted for a maximum of 120 days. Easy to show with 24-hour courtesy notice.

1801 S Surf Road Unit 2a, Hollywood
3113 Hollywood Boulevard, Hollywood
$629,500
3 Beds ⋅ 2 Baths ⋅ B26038145 MLS
Welcome to your sleek retro retreat! Nestled on iconic Hollywood Blvd, this stunning mid-century modern home perfectly pairs timeless architectural charm with an unbeatable location. This 3 bed, 2 bath single-family residence offers 1,996 square feet of finished living space, providing an efficient and comfortable layout. Situated in an established community, home is accessible to tri-rail station, highways, beaches, golf courses, hard rock casino, hospital and downtown. Home features terrazo flooring, 2019 AC unit, concrete tile roof, gutters, plastered walls and ceiling, 3 zone sprinkler system, gas fireplace, mature landscaping, freshly painted interior, granite countertops, shutters, electrical panels updated in 2006 and alley access. Come see in person today to make this one yours.

3113 Hollywood Boulevard, Hollywood
1200 Tallwood Avenue Unit 305, Hollywood
$175,000
2 Beds ⋅ 2 Baths ⋅ B26037149 MLS
Beautifully maintained 2-bedroom, 2-bath condo in the desirable Hillcrest area of Hollywood! This bright and spacious unit features tile flooring throughout, modern appliances in the kitchen, a screened balcony, and ample storage. Conveniently located near the elevator and laundry facilities, with assigned parking plus guest parking. Enjoy a community pool and a well-kept all-ages community. Ideally situated just minutes from shopping, dining, major highways, Fort Lauderdale Airport, and the world-famous Hollywood Beach Broadwalk. A fantastic opportunity for year-round living or a seasonal retreat! 2 especial assessments one for the roof one for the elevator to be done December this year.

1200 Tallwood Avenue Unit 305, Hollywood
2531 Pierce Street, Hollywood
$599,850
3 Beds ⋅ 2 Baths ⋅ B26036952 MLS
33% OFF: Rare opportunity offers not one, but two ways 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, walking distance from schools, library, parks & Downtown Hollywood, at over 33% below market value. With lots of new development underway 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 (that can operate as two units: a 2/1 and a 1/1) or solely as a land play; the true value is in both. There are two development strategies. Option 1: 9-Unit Development: Keep the existing structure as a 3 bed 2 bath home while developing 8 additional approximately 760 square foot, 2-bedroom apartments on the same lot, for a total of 9 units. 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. Build cost:~$1.6M. All in:~$2.2M. Projected value:$3M+ = ~$800k instant equity. Potential ~10% cap rate. Option 2: 6-Unit Turnkey Development. Retain the existing structure, configured as two units: a 2/1 and a 1/1, and add two factory-built steel duplexes, each featuring two 3 bed 2 bath units for 6 units total. The manufacturer handles plans and permits, with the duplexes delivered and installed by crane. This streamlined, turnkey approach is designed to minimize development complexity and costs while maximizing cash flow. Build cost:~$1.1M. All in:~$1.7M. Projected value:~$2.5M = ~$600k instant equity. Potential 10%+ cap rate. You also have a third option of tearing down the existing structure and building townhomes similar to the development across the street. 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. Land buildable for three bedrooms units generally sells for more than double 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 or 4 (3 bedroom) units for buildable land; market value ~$900k. 1 bed rents: $1.6k-$1.9k/mo. 2 bed rents:$1.8k-$2.5k/mo. 3 bed rents:$3k-$3.8k/mo. 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.

2531 Pierce Street, Hollywood
2531 Pierce Street, Hollywood
$599,850
B26036914 MLS
33% OFF: Rare opportunity offers not one, but two ways 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, walking distance from schools, library, parks & Downtown Hollywood, at over 33% below market value. With lots of new development underway 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 (that can operate as two units: a 2/1 and a 1/1) or solely as a land play; the true value is in both. There are two development strategies. Option 1: 9-Unit Development: Keep the existing structure as a 3 bed 2 bath home while developing 8 additional approximately 760 square foot, 2-bedroom apartments on the same lot, for a total of 9 units. 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. Build cost:~$1.6M. All in:~$2.2M. Projected value:$3M+ = ~$800k instant equity. Potential ~10% cap rate. Option 2: 6-Unit Turnkey Development. Retain the existing structure, configured as two units: a 2/1 and a 1/1, and add two factory-built steel duplexes, each featuring two 3 bed 2 bath units for 6 units total. The manufacturer handles plans and permits, with the duplexes delivered and installed by crane. This streamlined, turnkey approach is designed to minimize development complexity and costs while maximizing cash flow. Build cost:~$1.1M. All in:~$1.7M. Projected value:~$2.5M = ~$600k instant equity. Potential 10%+ cap rate. You also have a third option of tearing down the existing structure and building townhomes similar to the development across the street. 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. Land buildable for three bedrooms units generally sells for more than double 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 or 4 (3 bedroom) units for buildable land; market value ~$900k. 1 bed rents: $1.6k-$1.9k/mo. 2 bed rents:$1.8k-$2.5k/mo. 3 bed rents:$3k-$3.8k/mo. 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.

2531 Pierce Street, Hollywood

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