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Renovated Apartment Building
For Sale
$3,139,000

1946 Pierce Street Unit 111, Hollywood, FL 33020

Eleven-unit multifamily property with upgraded interiors, building systems, and a tropical courtyard.

Property Size5,137 SF
Price / SF$611.06
Days on Market834

Property Features for 1946 Pierce Street Unit 111

General Information

Standard status Active
Size 5,137 SF
Property subtype Commercial/Industrial / Income/Multi Family

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 1 x studio, 10 x 1BR/1BA
Multifamily Units 11

Taxes and HOA fees

Annual Taxes $36,230

Amenities

large tropical courtyard

Building Details

Year Built 2024
Year Renovated 2024
Stories 2
Listing Agency: East Coast Realty Brokerage LLC
Listed By: Bram Scolnick · License #3548771
Source: Compass
Added: Jul 7, 2024 Changed: Oct 16 Last Checked: Oct 16 at 11:06AM

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 East Coast Realty Brokerage LLC

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Investment Insights

Based on property information with market context.

This two-floor apartment property contains 11 units totaling approximately 5,137 SF, with a mix of 1 studio and 10 one-bedroom, one-bath residences. Renovations completed in 2024 include waterproof vinyl flooring, quartz countertops, premium white cabinetry, updated appliances, and three-way shower systems. Building improvements include hurricane-impact windows and doors, central AC, a new roof, PVC plumbing, upgraded electrical panels, and new hot water heaters. A large tropical courtyard serves as an outdoor common area.

The property is positioned on the west side of N Federal Hwy in Hollywood, Florida, east of I-95, south of Sheridan St, and north of Hollywood Beach Blvd. Major retailers are located one block away, while Hollywood shops and restaurants are within walking distance. Sheridan St provides access toward the Hollywood beaches.

Key Highlights

  • 11‑unit, two‑floor apartment property totaling approximately 5,137 SF
  • Unit mix includes 1 studio and 10 one‑bedroom, one‑bath units
  • Renovations completed in 2024

Property Analytics

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Current Use

24 7 Notary ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Veterinary Clinic Clothing & Fashion Store Farmer's Market Tanning Salon

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

11
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,547
Businesses Nearby

Demographics for 33020, FL

45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Eleven-unit multifamily property with upgraded interiors, building systems, and a tropical courtyard.
Where is this apartment building located?
The property is located at 1946 Pierce Street Unit 111 Hollywood, FL.
What is the asking price?
The asking price for this property is $3,139,000.
What are key features of this property?
This property features: 11‑unit, two‑floor apartment property totaling approximately 5,137 SF; Unit mix includes 1 studio and 10 one‑bedroom, one‑bath units; Renovations completed in 2024
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