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$697,500 Just Listed

  • For Sale
  • Active
  • Vacant Land
  • 0.35 Acres
  • Updated 1 hour ago
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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

Full Property Details for 2531 Pierce St

General

  • Price: $697,500
  • Taxes: $9,666 (2025)
  • Status: Active
  • Type: Vacant Land
  • Source: Regional
  • MLS ID: B26036934
  • Updated: Today (6/4/2026)
  • Added to Site: Today

Additional Information

  • Shared Amenities: Parking

Location

  • County: Broward
  • Subdivision: HOLLYWOOD LITTLE RANCHES
  • Direction Faces: South

School Information

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

Community

  • Community Name: 3050

Utilities

  • Sewer: Public Sewer, Private Sewer, Septic Tank
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected, Other, Phone Connected, Sewer Connected, Water Connected

Structural Information

  • Current Bldg. Use: Development, Multi-Family, Single Family

Lot Features

  • Lot Size (Acres): 0.35
  • Lot Size (Sq. Ft.): 15,393
  • Lot Dimensions: 75 feet x 206 feet
  • Frontage: City Street, Asphalt, Paved
  • Road Maintenance: Public Maintained Road
  • Irrigation System: Municipal
  • Lot Features: Oversized Lot, 1/4 to 1/2 Acre Lot
  • Development Status: Other, Proposed
  • Potential Use: Multi-Family, Single Family
  • Zoning: RM-18

Financial Considerations

  • Assessment Amount: $360,980
  • Tax Amount: $9,666.78
  • Tax Year: 2025
  • Terms: Cash, Conventional, Cryptocurrency, 1031 Exchange, Owner Will Carry, Private Financing Available

Disclosures and Reports

  • Special Conditions: Standard
  • Documents Avail.: Building Plans, Other, Survey, Title Insurance
  • Legal Description: HOLLYWOOD LITTLE RANCHES 1-26 B LOT 13 E3/4 BLK 14
  • Disclosures/Rstr.: Owner Is Listing Agent
  • Property ID: 514216015270

Listed by United Realty Group Inc. and United Realty Group Inc

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Listing agents

— 2531 Pierce St —

  • United Realty Group Inc.

  • United Realty Group Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2531 Pierce St

School District:Broward County School District
NameGradesDistance
Oakridge Elementary School
1507 North 28th Avenue, Hollywood, FL 33020
K-50.6 mi
Olsen Middle School
330 Southeast 11th Terrace, Dania Beach, FL 33004
6-81.9 mi
South Broward High School
1901 North Federal Highway, Hollywood, FL 33020
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2531 Pierce St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/04/2026
Listed
$697,500
335.94%
MLS
6/25/2014
Sold
$160,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2531 Pierce St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,667
6%
$397,070
-37%
2024
$9,092
—
$633,760
3%
2024
$9,092
13%
$618,050
20%
2023
$8,048
30%
$512,970
41%
2021
$6,212
-12%
$364,130
-20%
2022
$7,085
14%
$457,990
37%
2021
$6,212
14%
$334,580
64%
2019
$5,466
12%
$203,790
10%
2018
$4,887
14%
$185,270
-27%
2017
$4,301
15%
$254,190
35%
2016
$3,727
15%
$187,860
35%
2015
$3,245
48%
$139,200
54%
2014
$2,197
2%
$90,160
9%
2013
$2,154
—
$82,870
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by United Realty Group Inc. and United Realty Group Inc

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2531 Pierce Street, Hollywood, FL 33020 (MLS# B26036934) is a Vacant Land property with a lot size of 0.35 acres. 2531 Pierce Street is currently listed for $697,500 and was received on June 04, 2026. Want to learn more about 2531 Pierce Street? Do you have questions about finding other Vacant Land real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

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