2531 Pierce Street Hollywood, FL $ 697,500
2531 Pierce Street
$ 697,500
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2531 Pierce Street

Hollywood, FL, 33020
$ 697,500
Bedrooms3 Baths2.0 Sq 1,440

Monthly Estimate*

$ 4,295

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Single Family Home for sale in Hollywood, FL

for $697,500 with 3 bedrooms and 2 full baths. This 1,440 square foot home was built in 1949 on a lot size of 0.35.

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

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Single Family Active

Price

$ 697,500

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 9,666

Style

Lot Size

0.35

Year Built

1949

Town/City

Hollywood

County/Region

Broward

MLS | Web ID

B26036952

Features
General
Sewer PublicSewer PrivateSewer SepticTank
Heating WallFurnace
Cooling CeilingFans WallWindowUnits
Utilities CableConnected ElectricityConnected Other PhoneConnected SewerConnected WaterConnected
Possession Negotiable
Roof Flat Shingle
Appliances Cooktop Dryer ElectricCooktop ElectricRange Microwave Oven Range Refrigerator WaterHeater Washer
Architectural Style Contemporary
Security Features SmokeDetectors
Construction Materials Block Concrete Stucco
Pets Allowed NoPetRestrictions Yes
Year Built 1949
Stories Count 1
Levels One
Property Subtype SingleFamilyResidence
Tax Year 2025
Accessibility None
County Broward
New Construction false
Property Type Residential
Subdivision Name HOLLYWOOD LITTLE RANCHES
Facing Direction South
Garage Y/N false
Full Baths 2
Status Active
High School South Broward
City Hollywood
Disclosures OwnerIsListingAgent
Senior Community Y/N false
MLS Area 3050
Carport Spaces 1
Carport Y/N true
Elementary School Oakridge
Tax Annual Amount 9666.78
Middle/Junior High School Olsen
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/2531-Pierce-Street-Hollywood-FL-33020--B26036952/unbranded
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional SingleFamilyResidence
Legal Description HOLLYWOOD LITTLE RANCHES 1-26 B LOT 13 E3/4 BLK 14
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Interior
Interior Amenities BedroomOnMainLevel Other SplitBedrooms Storage
Flooring Laminate Parquet Terrazzo Tile Vinyl
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Total Bedrooms 3
Main Level Bedrooms 2
Main Level Bathrooms 3
Total Baths 2
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Exterior
Exterior Amenities Awnings Other Storage
Parking Features AttachedCarport Covered Carport
Lot Features OversizedLot QuarterToHalfAcreLot
Water Source Public
Total Parking 4
Lot Size Area 15393
Building Area Total 1785
Lot Dimensions 75 feet x 206 feet
Lot Size Acres 0.35
Road Surface Type Asphalt Paved
Waterfront Y/N false
Covered Spaces 1
Road Frontage Type CityStreet
Road Responsibility PublicMaintainedRoad
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* Excluded Features
List By
Michael J Sheer

Listing Agent

Affordability Calculator

$5,100
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,295
Monthly Property Taxes
$806
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4658264 Elementary School
4205654 Middle School
South Broward High School High School
Pricing History
DatePricePrice ChangeDescription
6/4/2026$697,500 Listed Price

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2531 Pierce Street, Hollywood, FL, 33020 is a Single Family Home for sale at $697,500 with 1,440 sqft and a lot size of 0.35. 2531 Pierce Street has 3 bedrooms, 2.0 baths, and was built in 1949. The property's zip code is 33020 which is in Hollywood, FL