Duplex with Detached
For Sale
$625,000
2647 PIERCE Street, Hollywood, FL 33020
Residential Income, Hollywood, FL
Property Size1,591 SF
Lot Size0.24 Acres
Price / SF$392.83
Days on Market56
Property Features for 2647 PIERCE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-18
Bedrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 1
Pets allowed
No, Cats OK, Yes, Dogs OK
Exterior features
Garden
Subdivision
HOLLYWOOD LITTLE RANCHES
Elementary school
Oakridge
Middle school
Olsen
High school
South Broward
Standard status
Active
APN
514216024810
Size
1,591 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HOLLYWOOD LITTLE RANCHES 1-26 B LOT 6 W1/2 BLK 35
Tax Annual Amount
7272
Legal Description
HOLLYWOOD LITTLE RANCHES 1-26 B LOT 6 W1/2 BLK 35
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Cooling system
Central Air
Water source
Public
Amenities
central air
Building Details
Year built
1951
Floors in Building
1
Number of units
2
Flooring type
Terrazzo, Tile
Building materials
CBS
Roof type
Tile, Shingle
Listing Agency:
The Keyes Company
(954) 893-1322
Listed By:
Steven Feldman · License #0648958
(954) 292-1303
Added: Aug 18
Changed: Oct 1
Last Checked: Oct 12 at 3:06PM
MLS# B26065532
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex property includes a 2-bedroom, 1.5-bath residence and a detached 1-bedroom, 1-bath unit. The improvements total 1,591 square feet on a 0.24-acre lot and include central air in both residences, an attached 1-car garage, and a mix of terrazzo and tile flooring. The property was built in 1951 and has tile and shingle roofing.
Located at 2647 Pierce Street in Hollywood, the property is zoned RM-18 and served by public water and a septic tank. Parking is estimated at approximately 9-12 spaces. Both units are occupied under month-to-month tenancy, and the detached arrangement offers a distinct two-residence configuration.
Located at 2647 Pierce Street in Hollywood, the property is zoned RM-18 and served by public water and a septic tank. Parking is estimated at approximately 9-12 spaces. Both units are occupied under month-to-month tenancy, and the detached arrangement offers a distinct two-residence configuration.
Key Highlights
- Two‑residence configuration with a 2‑bedroom, 1.5‑bath unit and detached 1‑bedroom, 1‑bath unit
- 1,591 square feet on a 0.24‑acre lot
- Approximately 9‑12 parking spots plus an attached 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,506
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,120
$570.1K
Cap Rate 7%
$407,229
$407.2K
Cap Rate 9%
$316,733
$316.7K
Market Conditions
NOI Build-Up for 1,591 SF
Gross rent
$43.0K $27.00/SF
− Vacancy
−$2.2K −$1.40/SF
EGI
$40.7K $25.60/SF
− OpEx
−$12.2K −$7.68/SF
NOI
$28.5K $17.92/SF
Area
Hollywood, FL
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,120
Cap Rate 7%
$407,229
Cap Rate 9%
$316,733
Alternative Uses
Best Use
Multifamily LT 5
$407.2K
$356.3K – $475.1K
NOI $28,506 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$378.8K
$331.5K – $442.0K
NOI $26,519 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$622.4K
$544.6K – $726.1K
NOI $43,568 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,286
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences provide central air, ample parking, and month-to-month tenancy.
Where is this duplex located?
The property is located at 2647 PIERCE Street Hollywood, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two‑residence configuration with a 2‑bedroom, 1.5‑bath unit and detached 1‑bedroom, 1‑bath unit; 1,591 square feet on a 0.24‑acre lot; Approximately 9‑12 parking spots plus an attached 1‑car garage
