Multifamily Property with In-Law
2531 Pierce St Hollywood, FL 33020
For Sale
$697,500
Residential income property combines a 3/2 home with in-law suite and capacity to add eight two-bedroom units.
Days on Market50
Property Features for 2531 Pierce St
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1949
Listing Agency:
UNITED REALTY GROUP INC.
(954) 993-6664
Listed By:
Michael J Sheer · License #B26033788
(954) 993-6664
Source:
Elliman
Added: Jun 4
Changed: Jul 10
Last Checked: Jul 23 at 11:47AM
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.
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
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
