5921 Pierce St #1-8, Hollywood, FL 33021
5921 Pierce St #1-8, Hollywood, FL 33021
5921 Pierce St #1-8, Hollywood, FL 33021
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Monica Cataluña, CCIM, ALC

Monica Cataluña, CCIM, ALC

+1(954) 812-1831
$2,250,000
Est. payment /mo
8,112 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,112 sqft

Price per Sqft $277

MLS Listing ID A12079509

HOA Y/N No

Year Built 1973

Annual Tax Amount $31,781

Tax Year 2025

Lot Size 0.680 Acres

Acres 0.68

Property Sub-Type Multi Family

Property Description

5921, 5923, 5925, and 5927-5929 Pierce Street present an opportunity to acquire an 8-unit multifamily portfolio in Hollywood, Florida, consisting of six 2-bedroom/1-bath units and two oversized 2-bedroom/2-bath units. The property currently generates an NOI of $136,619. The two 2-bedroom/2-bath units at 5927-5929 Pierce Street are approximately 1,250 SF each and offer a compelling value-add opportunity with the potential to convert them to 3-bedroom/2-bath units, creating additional rental upside. Most tenants are long-term, while all units feature central A/C, two parking spaces per unit, and separate metering, with tenants responsible for their own electric, water, and trash. The property spans approximately 30,000 SF of land across four separate parcels and features a newer drainfield, roofs approximately 10 years old, predominantly PVC plumbing, and a mix of impact and original windows. Located in a well-established Hollywood residential area, the property offers convenient access to major highways, shopping, dining, employment centers, Downtown Hollywood, and the beach. Seller financing is also available with attractive terms, providing additional flexibility for qualified buyers.

Location

State FL

County Broward

Area 3070

Zoning C-LP

Exterior

Private Pool Yes

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Others

Tax ID 514113021881

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12079509

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Fausto Commercial Realty Consultants Inc

Nearby Locations

Monica Cataluña, CCIM, ALC

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL 33331

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5921 Pierce St #1-8