2743 Pierce St Hollywood, FL 33020
This exceptional 0.47-acre lot in Hollywood, Florida, presents a prime development opportunity. Zoned RM-18, it's approved for the construction of nine residential townhomes. The property's strategic location between Miami and Fort Lauderdale, near Fort Lauderdale International Airport and I-95, ensures high demand. Its proximity to Hollywood Beach and Young Circle adds to its desirability. The site is ideally suited for a luxury townhome development, potentially featuring three-bedroom units. Given the area's popularity and strong rental market, the development offers significant potential for short-term rentals, such as Airbnb, maximizing investment returns. The property's location in a vibrant, economically strong city with a blend of residential, commercial, and leisure opportunities makes it an attractive investment. The parcel's APN is 514216024870. This is a rare chance to capitalize on Hollywood's thriving real estate market and create a high-value residential community. The property is located at 2743 Pierce Street, Hollywood, FL 33020. This development opportunity offers a compelling combination of location, zoning, and market potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.