Date
Details
Price
Change
Source
6/04/2026
Listed
$697,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$697,500 Just Listed
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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
Full Property Details
Full Property Details for 2531 Pierce St
General
- Price: $697,500
- Taxes: $9,666 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: Regional
- MLS ID: B26036967
- Updated: Today (6/4/2026)
- Added to Site: Today
Interior
- Flooring: Laminate, Parquet, Terrazzo, Tile, Vinyl
Additional Information
- Security/Safety: Other, Smoke Detector(s)
Parking
- Total Spaces: 4
- Parking Features: Accessible Parking, Covered
Location
- County: Broward
- Dist. to Freeway: 1
Community
- Community Name: 3050
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Wall/Window Unit(s)
- Heating Type: Wall Furnace
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
- Construction: Block, Concrete, Stucco
- Roof: Flat, Shingle
- Stories/Levels: 1
- Building Size: 1785
- Year Built: 1949
Lot Features
- Lot Size (Acres): 0.35
- Frontage: City Street, Asphalt, Paved
- Road Maintenance: Public Maintained Road
- Lot Features: Oversized Lot, 1/4 to 1/2 Acre Lot
- 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, Other, Private Financing Available, Trade
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Site Plan, Survey
- 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
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 2531 Pierce St
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Oakridge Elementary School 1507 North 28th Avenue, Hollywood, FL 33020 | K-5 | 0.6 mi |
Olsen Middle School 330 Southeast 11th Terrace, Dania Beach, FL 33004 | 6-8 | 1.9 mi |
South Broward High School 1901 North Federal Highway, Hollywood, FL 33020 | 9-12 | 1.4 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
Estimate the Cost
Estimate the Cost for 2531 Pierce St
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2531 Pierce Street, Hollywood, FL (MLS# B26036967) is a Commercial Multi-Family property. 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 Commercial Multi-Family real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.