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5923 Pierce St
Hollywood, FL 33021 441 Corridor

$2,250,000 USD

Multifamily For Sale • 8,112 SF

Property Details

Property Type Multifamily
Total Building Size 8,112 SF
Lot Size 0.68 AC
Year Built 1973
Cap Rate 6.07 %
Zoning C-LP

40 Transit Score

60 Walk Score

                
                    Highlights
                
                                Desirable Unit Mix: Six 2-bedroom/1-bath and two oversized 2-bedroom/2-bath units.
                            
                                Value-Add Potential: Two oversized units offer potential conversion to 3-bedroom/2-bath layouts.
                            
                                Large Land Component: Approximately 30,000 SF across four separate parcels.
                            
                                Strong In-Place Income: Producing approximately $136,619 in annual NOI.
                            
                                Low-Maintenance Features: Newer drainfield, predominantly PVC plumbing, and separate utility metering.
                            
                                Seller Financing Available: Attractive financing terms provide added flexibility for qualified buyers.

Financial Summary (Actual)

Net Operating Income: $136,619 USD (2025)

Cap Rate:	6.07 %
Total Expenses:	$40,981 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Hollywood Amtrak Station (Floridian - Amtrak, Mangonia Park - Miami Airport - Amtrak, Silver Meteor - Amtrak)	7 min	-	2.8 mi
Sheridan Street Station (Mangonia Park - Miami Airport - Tri-Rail)	9 min	-	4.1 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	15 min	-	7.2 mi
Miami International	39 min	-	26.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	16
Type:	Surface
Included in Rent:	Yes

Elior Levi 954-743-7594 Fausto Commercial Realty Consultants

5923 Pierce St Hollywood, FL 33021 441 Corridor