List Search

1946 Pierce St
Hollywood, FL 33020 Royal Poinciana

$2,350,000 USD

Apartments For Sale  •  5,137 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,137 SF
  • Lot Size 0.25 AC
  • Building Class C
  • Year Built 1957
  • Cap Rate 7.05 %
  • Zoning ND-2
45 Transit Score
92 Walk Score

Highlights

Matthews™ is pleased to present 1946 Pierce St, an 11-unit multifamily property located in the core Hollywood submarket of Hollywood, Florida. The pro
The asset is strategically positioned near Downtown Hollywood, US-1, I-95, and Fort Lauderdale–Hollywood International Airport, offering tenants conve
From an investment standpoint, the property offers a clear mark-to-market value-add opportunity, with in-place rents approximately 11% below prevailin
At the $2.35M list price, the asset is positioned to attract investors seeking a modernized, stabilized Hollywood multifamily asset with durable cash
Cap Rate: 7.05 %

Amenities

  • Air Conditioning
  • Cable Ready
  • Courtyard
  • Dishwasher
  • Microwave
  • Storage Space
  • Tile Floors
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Oven
  • Den
  • Double Pane Windows
  • Island Kitchen
  • Large Bedrooms
  • Private Bathroom
  • Quartz Countertops

Public Transportation

Commuter RailDriveWalkDistance
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 4 min - 1.9 mi
Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 6 min - 2.4 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 12 min - 6.0 mi
Miami International 42 min - 24.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Erik Leon 305-450-4028 Matthews Real Estate Investment Services
Erik Leon 305-450-4028 Matthews Real Estate Investment Services