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2531 Pierce Street, Hollywood, FL 33020

$697,500

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New to the Market Active

LOT SIZE 0.353 acres MLS#B26036934

STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONHOLLYWOOD LITTLE RANCHES

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Property Description

Rare opportunity to acquire income producing 3/2 home w/in-law suite & additional development capacity, walking distance from library, parks & Downtown Hollywood, at over 20% below market value. Keep the existing home & add 8 (2 bedroom) units for 9 units total. Included site plan shows layout, parking & access. Meeting with city has been held; feasibility & zoning compliance confirmed. Land comps:$50k per (mostly 1 bed) unit sold, $58k-$101k per (mostly 1 bed) unit active. 3/2 house comps:$499k-$679k active, $410k-$580k sold. Subject property: 3/2 house + 8 (2 bedroom) units buildable land; market value ~$900k. 2 bed rents:$1.8k-$2.5k/mo. 3 bed rents:$3k-$3.8k/mo. Build cost:~$1.5M. All in:~$2.2M Projected value:$3M+ = ~$1M equity. Potential ~10% cap. Opportunity zone. Seller will finance

2531 Pierce Street | MLS# B26036934

This land located at 2531 Pierce Street, Hollywood, FL 33020 is currently listed for sale with an asking price of $697,500. The property has approximately 0.35 Acres. Search Hollywood real estate on www.bettercallkaren.com today.

Property Features

Property Type: Land - Residential

Lot Size: 0.35 Acres

Taxes: $9,666

Feature Descriptions

Association Amenities: Parking

Lot: Oversized Lot

Lot Dimensions: 75 feet x 206 feet

Parcel#: 514216015270

Sewer: Public Sewer, Private Sewer, Septic Tank

Utilities: Cable Connected, Electricity Connected, Other, Phone Connected, Sewer Connected, Water Connected

Water: Public

Local Schools

High School: South Broward

Middle School: Olsen

Elementary School: Oakridge

Listed By / Shown By

Listed By

Agency Name: United Realty Group Inc.
Agency Phone: 954-450-2000

Shown By

Agent Name: Karen Rainer, Concierge Realtor
Agent Phone: (561) 777-4440
Agency Title: Realty 100

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Estimated Payment

$ 2,561.27 per month $1,552.33 Principal & Interest $805.50 Property Tax $203.44 Homeowner's Insurance

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2531 Pierce Street, Hollywood, FL 33020

$697,500

SAVE TOUR PROPERTY

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/04/2026. The listing information on this page last changed on 06/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 06/04/2026 11:50:17 AM EST) or Miami MLS (last updated Thu 06/04/2026 12:30:01 AM EST) or Stellar MLS (last updated Thu 06/04/2026 11:21:58 AM EST) or Beaches MLS (last updated Thu 06/04/2026 11:32:29 AM EST). Real estate listings held by brokerage firms other than Realty 100 may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Agent License Information: SL3452549

2531 Pierce Street, Hollywood, FL 33020

Property Description

2531 Pierce Street | MLS# B26036934

Property Features

Feature Descriptions

Local Schools

Listed By / Shown By

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2531 Pierce Street, Hollywood, FL 33020

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