1-8-5921 Pierce St, Hollywood, FL

House

For Sale

Listed price in listed location currency (USD).

$2,250,000

000

MLS® A12079509

Overview

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage

Taxes $31,781

Days Active 1

Lot Size 0.68 Acres

Approx. Age 1973

MLS® Number A12079509

Property Address: 1-8-5921 Pierce St, Hollywood, FL, 33021-6248

Average square foot calculated using Size range provided by listing agent.

Description

5921, 5923, 5925, and 5927-5929 Pierce Street present an opportunity to acquire an 8-unit multifamily portfolio in Hollywood, Florida, consisting of six 2-bedroom/1-bath units and two oversized 2-bedroom/2-bath units. The property currently generates an NOI of $136, 619. The two 2-bedroom/2-bath units at 5927-5929 Pierce Street are approximately 1, 250 SF each and offer a compelling value-add opportunity with the potential to convert them to 3-bedroom/2-bath units, creating additional rental upside. Most tenants are long-term, while all units feature central A/C, two parking spaces per unit, and separate metering, with tenants responsible for their own electric, water, and trash. The property spans approximately 30, 000 SF of land across four separate parcels and features a newer drainfield, roofs approximately 10 years old, predominantly PVC plumbing, and a mix of impact and original windows. Located in a well-established Hollywood residential area, the property offers convenient access to major highways, shopping, dining, employment centers, Downtown Hollywood, and the beach. Seller financing is also available with attractive terms, providing additional flexibility for qualified buyers.

MLS® NumberA12079509

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1973

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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