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$1,000,000
Est. payment /mo
2,960 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,960 sqft
Price per Sqft $337
MLS Listing ID A11907337
HOA Y/N No
Year Built 1950
Annual Tax Amount $16,077
Tax Year 2024
Lot Size 10,261 Sqft
Property Sub-Type Multi Family
Property Description
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!
Location
State FL
County Broward
Area 3050
Interior
Flooring Other, Vinyl
Exterior
Roof Type Built-Up,Other
Private Pool Yes
Building
Sewer Septic Tank
Water Public
Others
Tax ID 514216015210
Acceptable Financing Cash, Conventional, Owner May Carry, Other
Listing Terms Cash, Conventional, Owner May Carry, Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11907337
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Listed by Fausto Commercial Realty Consultants Inc
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