1845 Pembroke Road 3-22,Hollywood, FL 33020
Hollywood, FL 33020
Description
Investor Opportunity in the heart of Hollywood - Purchase One or All Three.Offered at $163,000 per unit or all three units for $489,000, this is a rare chance to control multiple condos within the same building - a strategic advantage not often available. The owner is selling three individual units all 1 bed, 1 bath, creating an exceptional opportunity for investors seeking immediate cash flow today and long-term upside tomorrow.All units are tenant-occupied, providing instant income and making this an ideal 1031 exchange opportunity. You're stepping into performing assets with built-in revenue from day one.But this offering is more than just three condos - it's about future positioning. Located in a prime area of Hollywood, the property sits on valuable land with favorable zoning that allows for increased building height. As zoning changes continue to encourage vertical growth, the long-term redevelopment potential becomes a significant factor. Controlling multiple units in a building with generous zoning creates leverage and strategic influence for future possibilities.Investors will recognize the power in owning multiple units in the same stack - increased control, simplified management, and stronger positioning should redevelopment conversations arise down the line.This is not just a purchase. It's income now, land value growth, and future development potential - all in one of Hollywood's evolving locations.
Details
| MLS # | A11973518 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $338 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1954 |
| Days On Site | 247 |
| Listing Provided By | RE/MAX 5 Star Realty | Alejandro Bruno |
Features
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 440 |
| Story(s) | 1 |
| Property View | Yes |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 2629 |
|---|
Area Information
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3050 |
| Subarea | HWEA Hollywood East (3010 3050) |
| Community Name | PEMBROKE ARMS CONDO APTS |
| Listing VS Median (in PEMBROKE ARMS CONDO APTS) | |
Price: $163,000 low | high Med: $82,198 sqft: 440 low | high Med: 440 $ / sqft: $370 low | high Med: $187 On site: 247 low | high Med: 149.5 | |
Market Activity 33020
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Learn More About This Property
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3050 |
| Subarea | HWEA Hollywood East (3010 3050) |
| Community Name | PEMBROKE ARMS CONDO APTS |
| Listing VS Median (in PEMBROKE ARMS CONDO APTS) | |
Price: $163,000 low | high Med: $82,198 sqft: 440 low | high Med: 440 $ / sqft: $370 low | high Med: $187 On site: 247 low | high Med: 149.5 | |
