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Renovated Unit with Golf Course View
For Sale
$149,950

1700 Pierce St 702, Hollywood, FL 33020

Updated 1-bedroom unit near Downtown Hollywood with golf course view.

Property Size600 SF
Days on Market329

Property Features for 1700 Pierce St 702

General Information

Standard status Active
Size 600 SF
Property subtype Residential

Taxes and HOA fees

Annual Taxes $3,057

Building Details

Building Size 600 SF
Year Built 1959
Stories 8
Listing Agency: Coldwell Banker Realty
Listed By: Josel Suarez
Source: Elliman
Added: Nov 28, 2025 Changed: Oct 16 Last Checked: Oct 20 at 9:58PM

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 Coldwell Banker Realty

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Investment Insights

Based on property information with market context.

This renovated 1-bedroom unit offers views of the golf course and is located blocks from Downtown Hollywood's new Publix, Circ Hotel, Young Circle ArtsPark, shops and restaurants. The unit features ceramic tile floors, an updated bathroom with shower, and a tankless hot water heater. A spacious screened balcony provides morning sun. Situated east of US-1 in Hollywood Lakes, the property is across from the updated Hollywood Golf Course and its soon-to-open clubhouse and restaurant. A shuttle service to Hollywood Beach is available. Recent building upgrades include a new elevator, fire alarms, and exterior paint. The piping has been replaced, and the membrane roof was inspected and repaired in 2022. The building has completed its 40-year certification and has no special assessments. One unassigned parking space is included. Buyers under 55 can be approved.

Key Highlights

  • Gorgeous golf course views from your spacious screened balcony.
  • Prime location: walk to Downtown Hollywood's amenities like Publix, Circ Hotel, ArtsPark, shops, and restaurants.
  • Enjoy shuttle service to Hollywood Beach.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,001
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,020 $200.0K
Cap Rate 7%
$142,871 $142.9K
Cap Rate 9%
$111,122 $111.1K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$19.1K $31.80/SF
− Vacancy
−$897 −$1.49/SF
EGI
$18.2K $30.31/SF
− OpEx
−$8.2K −$13.64/SF
NOI
$10.0K $16.67/SF
Area
Hollywood, FL
Vacancy
4.70%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,020
Cap Rate 7%
$142,871
Cap Rate 9%
$111,122

Alternative Uses

Best Use
Apartment 5plus
$142.9K
$125.0K – $166.7K (±1% cap)
NOI $10,001 @ 7.0% cap · market cap 6.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$234.7K
$205.4K – $273.8K (±1% cap)
NOI $16,430 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

3,269
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
View Realmo Analytics

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 - Updated 1-bedroom unit near Downtown Hollywood with golf course view.
Where is this apartment building located?
The property is located at 1700 Pierce St 702 Hollywood, FL.
What is the asking price?
The asking price for this property is $149,950.
What are key features of this property?
This property features: Gorgeous golf course views from your spacious screened balcony.; Prime location: walk to Downtown Hollywood's amenities like Publix, Circ Hotel, ArtsPark, shops, and restaurants.; Enjoy shuttle service to Hollywood Beach.
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