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8-Unit Multifamily Apartment Building
For Sale
$2,250,000

1-8-5921 Pierce St, Hollywood, FL 33019

The property combines two-bedroom layouts with central A/C, separate metering, and dedicated parking for every unit.

Property SizeContact for details
Lot Size0.69 Acres
Days on Market14

Property Features for 1-8-5921 Pierce St

General Information

Standard status Active
Lot size 0.69 Acres
Net Operating Income $136,619

Units

Unit Mix 6 x 2BR/1BA, 2 x 2BR/2BA
Multifamily Units 8
Parking per Unit 2

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $31,781

Amenities

central A/C
Listing Agency: Fausto Commercial Realty Consultants Inc
Listed By: Elior Levi · License #3574869
Source: Exprealty
Added: Sep 9 Changed: Sep 18 Last Checked: Sep 21 at 12:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fausto Commercial Realty Consultants Inc

Investment Insights

Based on property information with market context.

This 8-unit apartment property is arranged across four separate parcels and includes six 2-bedroom/1-bath units plus two oversized 2-bedroom/2-bath units. The larger units at 5927-5929 Pierce Street measure approximately 1,250 SF each and may be reconfigured to add a third bedroom while retaining two bathrooms. All units have central A/C, two parking spaces per unit, and separate utility metering. Tenants are responsible for their own electric, water, and trash service.

The property covers approximately 30,000 SF of land in Hollywood, Florida, with access to major highways, shopping, dining, employment centers, Downtown Hollywood, and the beach. Physical improvements include a newer drainfield, roofs approximately 10 years old, predominantly PVC plumbing, and a combination of impact and original windows. Most tenants are long-term.

Key Highlights

  • 8‑unit apartment property across four separate parcels
  • Unit mix includes six 2‑bedroom/1‑bath units and two oversized 2‑bedroom/2‑bath units
  • Two larger units are approximately 1,250 SF each and may convert to 3‑bedroom/2‑bath layouts

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Hair Salon Nail Salon Law Firm Spa & Massage Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

675
Businesses Nearby

Demographics for 33019, FL

15,497
Population
12,453
Households
1.2
Avg Household Size
55
Median Age
60%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,188
Density / Sq Mi
$94,824
Median Household Income
$59,226
Median Earnings
$1,983
Median Rent
$631,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The property combines two-bedroom layouts with central A/C, separate metering, and dedicated parking for every unit.
Where is this apartment building located?
The property is located at 1-8-5921 Pierce St Hollywood, FL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 8‑unit apartment property across four separate parcels; Unit mix includes six 2‑bedroom/1‑bath units and two oversized 2‑bedroom/2‑bath units; Two larger units are approximately 1,250 SF each and may convert to 3‑bedroom/2‑bath layouts
More about this property
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