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2459 Pierce St
Hollywood, FL 33020 North Central Hollywood

$1,000,000 USD

Apartments For Sale  •  1,537 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,960 SF
  • Lot Size 0.25 AC
  • Building Class C
  • Year Built 1950
  • Zoning RM-18
39 Transit Score
67 Walk Score

Highlights

Prime Value-Add Opportunity: Two triplexes (6 units) on a half-acre lot in Hollywood, offering excellent upside for value-focused investors.
Unit Mix: Four 1BD/1BA units and two studios—perfect for diverse tenant demand.
Utilities: Separate electric meters per unit; one water meter per building.
Upside Potential: All units are month-to-month with below-market rents. Pro-forma gross income of $115,200 annually after renovations.
Condition: Fixer-upper ready for upgrades to boost cash flow and long-term value.
Bonus: Seller financing available, offering flexible investment terms.

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $87,740 USD (2025)
Total Expenses: $27,460 USD

Public Transportation

Commuter RailDriveWalkDistance
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 3 min - 1.1 mi
Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 5 min - 1.8 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 12 min - 6.2 mi
Miami International 41 min - 24.2 mi
Elior Levi 954-743-7594 Fausto Commercial Realty Consultants
Elior Levi 954-743-7594 Fausto Commercial Realty Consultants