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Multifamily Property with In-Law Suite

2531 Pierce St Hollywood, FL 33020

2531 Pierce St, Hollywood, FL, 33020
$697,500
For Sale
Claim this Listing
$697,500

Residential income property combines a 3/2 home with in-law suite and capacity to add eight two-bedroom units.

AddedJun 4
Days on Market42
Last RefreshJun 6 at 2:54 am

Property Features for 2531 Pierce St

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1949

Listing office United Realty Group Inc

Listing date Jun 4, 2026

Source Elliman

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 United Realty Group Inc


Investment Insights

Based on property information with market context.

This for-sale multifamily property includes an income-producing 3/2 home with an in-law suite, along with buildable land for an additional multi-unit project. The concept presented would keep the existing home and add eight two-bedroom units for a total of nine units. An included site plan outlines the proposed layout, parking, and access to support the development plan.

The property is described as within walking distance of a library, parks, and Downtown Hollywood. A city meeting has been held, with feasibility and zoning compliance confirmed as part of the development process. The location is also identified as an opportunity zone.

For tenants and operators, the existing home with in-law suite configuration can support flexible living arrangements, while the approved development direction supports expansion through additional two-bedroom units. For buyers looking at a combined hold-and-build approach, the provided site plan and documentation around feasibility and zoning compliance are intended to help streamline next steps for completing the eight-unit addition.

Key Highlights

  • 1949‑built 3/2 home with in‑law suite, plus buildable land to add 8 additional 2‑bedroom units for 9 units total
  • Subject property includes a 3/2 house and 8 (2‑bedroom) units buildable land; site plan shows layout, parking, and access
  • City meeting held; feasibility and zoning compliance confirmed

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store Farmer's Market Adult Day Care

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Residential income property combines a 3/2 home with in-law suite and capacity to add eight two-bedroom units.
Where is this apartment building located?
The property is located at 2531 Pierce St Hollywood, FL.
What is the asking price?
The asking price for this property is $697,500.
What are key features of this property?
This property features: 1949‑built 3/2 home with in‑law suite, plus buildable land to add 8 additional 2‑bedroom units for 9 units total; Subject property includes a 3/2 house and 8 (2‑bedroom) units buildable land; site plan shows layout, parking, and access; City meeting held; feasibility and zoning compliance confirmed
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