1725-27 Pierce Street Hollywood, FL 33020

Building Details

Year Built

1931

Listing office RE/MAX 5 Star Realty j***@demarcogroup.net Show Phone

Listing date Jul 7, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

The property is a covered land redevelopment opportunity comprised of two adjacent FH-2 lots totaling approximately 16,366 SF. Five existing residential units are in place, including four occupied units generating net income of $6,450 per month and one vacant unit projected at $1,500 per month. The resulting total pro-forma net income is $7,950 per month, or $95,400 annually.

FH-2 zoning provides a base FAR of 3.00, allowing approximately 49,098 SF of potential buildable area, with unlimited residential density and maximum height up to 140 feet, subject to City review. Conceptual development potential discussed for the site includes approximately 40–55 residential units and the possibility for mixed-use multifamily, boutique hotel/lodging, office, retail, restaurant, or live-work development.

While redevelopment is the primary focus, the existing units offer holding income in the interim. The property is offered for sale as a combined redevelopment site at 1725-27 Pierce Street, Hollywood, Florida.

Key Highlights

• 1931‑built multifamily with 5 existing residential units on two adjacent FH‑2 lots
• Four occupied units producing $6,450/month net income; one vacant unit projected at $1,500/month for $7,950/month pro‑forma
• Total pro‑forma net income of $95,400 annually based on provided projections

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FAQs

What type of property is this?

Apartment building - Two adjacent FH-2 lots with five existing units, four occupied for monthly net income, supporting redevelopment with holding income.

Where is this apartment building located?

The property is located at 1725-27 Pierce Street Hollywood, FL.

What is the asking price?

The asking price for this property is $4,000,000.

What are key features of this property?

This property features: 1931‑built multifamily with 5 existing residential units on two adjacent FH‑2 lots; Four occupied units producing $6,450/month net income; one vacant unit projected at $1,500/month for $7,950/month pro‑forma; Total pro‑forma net income of $95,400 annually based on provided projections