- MLS® #: B26036952
- 2531 Pierce Street
- Hollywood, FL 33020
- $697,500
- 3 Beds, 2 Bath, 1,440 SqFt
- Residential
Rare opportunity to acquire income producing 3/2 home w/in-law suite & additional development capacity, walking distance from library, parks & Downtown Hollywood, at over 20% below market value. Keep the existing home & add 8 (2 bedroom) units for 9 units total. Included site plan shows layout, parking & access. Meeting with city has been held; feasibility & zoning compliance confirmed. Land comps:$50k per (mostly 1 bed) unit sold, $58k-$101k per (mostly 1 bed) unit active. 3/2 house comps:$499k-$679k active, $410k-$580k sold. Subject property: 3/2 house + 8 (2 bedroom) units buildable land; market value ~$900k. 2 bed rents:$1.8k-$2.5k/mo. 3 bed rents:$3k-$3.8k/mo. Build cost:~$1.5M. All in:~$2.2M Projected value:$3M+ = ~$1M equity. Potential ~10% cap. Opportunity zone. Seller will finance
View Virtual TourEssential Information
- MLS® #B26036952
- Price$697,500
- CAD Dollar$976,186
- UK Pound£520,231
- Euro€602,904
- Bedrooms3
- Bathrooms2.00
- Full Baths2
- Square Footage1,440
- Year Built1949
- TypeResidential
- Sub-TypeSingle Family Residence
- RestrictionsNo Restrictions
- StyleContemporary
- StatusNew
- HOPANo Hopa
Community Information
- Address2531 Pierce Street
- Area3050
- SubdivisionHOLLYWOOD LITTLE RANCHES
- CityHollywood
- CountyBroward
- StateFL
- Zip Code33020
Amenities
- Parking Spaces3
- Pets AllowedYes, No Restrictions
Utilities
Cable Connected, Electricity Connected, Other, Phone Connected, Sewer Connected, Water Connected
Parking
Attached Carport, Covered, Carport
Interior
- HeatingWindow/Wall
- # of Stories1
- StoriesOne
Interior Features
Other, Bedroom Layout - Split, Storage
Appliances
Water Heater Owned, Cooktop, Dryer, Electric Range, Microwave, Oven, Other, Refrigerator, Water Heater, Washer, Electric Cooktop, Range
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Exterior
- Exterior FeaturesAwning(s), Other, Storage
- Lot DescriptionOversized Lot
- RoofFlat, Shingle
Construction
Block, Concrete, Stucco, CBS, Concrete Block - With Stucco
School Information
- ElementaryOakridge
- MiddleOlsen
- HighSouth Broward
- Office: United Realty Group Inc.
Property Location
2531 Pierce Street on www.jupiteroceanfronthomes.us
Offered at the current list price of $697,500, this home for sale at 2531 Pierce Street features 3 bedrooms and 2 bathrooms. This real estate listing is located in HOLLYWOOD LITTLE RANCHES of Hollywood, FL 33020 and is approximately 1,440 square feet. 2531 Pierce Street is listed under the MLS ID of B26036952 and has been available through www.jupiteroceanfronthomes.us for the Hollywood real estate market for 10 days.Similar Listings to 2531 Pierce Street
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Listing information last updated on June 14th, 2026 at 6:35pm CDT.