2531 Pierce Street, Hollywood, FL 33020

$697,500

Virtual Tour

https://www.propertypanorama.com/2531-Pierce-Street-Hollywood-FL-33020--B26036952/unbranded

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,785 Status: Active

Current Price: $697,500 List Date: 6/04/2026 Last Modified: 6/30/2026

Overview

Description

Rare opportunity to acquire an income producing 3/2 home (w/in-law suite) & additional development capacity, walking distance from schools, library, parks & Downtown Hollywood, at over 20% below market value. Lots of new development nearby. Investors & developers have increasingly turned their attention to this area, recognizing its long term potential. This property should not be viewed solely as a single family home or solely as a land play; the true value is in both. The existing 3 bedroom 2 bathroom home can remain in place and continue generating income while 8 additional units are developed on the same lot, for a total of 9 units, without tearing down the current structure. All of the additional 8 units can be ~760 square foot 2 bedroom apartments.

Supplements: The included site plan shows viable layout, parking & access. A formal Pre-Application Consultation (PAC) meeting with the city has been held; representatives from every relevant discipline were present (planning, zoning, engineering, landscape, fire, etc) and they confirmed the site plan is feasible & compliant with current zoning & regulations. S ... (Read more)

Listing Details MLS# B26036952

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1785
Building Area Source: Appraiser
Living Area Main: 1440
Living Area Source: Appraiser
Adjusted Area Main: 1568
Accessibility Features YN: No
Year Built: 1949
Carport YN: Yes
Attached Carport YN: Yes
Carport Spaces: Yes
Covered Spaces: Yes
Parking Total: 4
Gated Community YN: No
Lot Size Area: 15393
Lot Size Acres: 0.35
Lot Size Dimensions: 75 feet x 206 feet
Senior Community YN: No
Stories Total: Yes
Stories: Yes
Direction Faces: South
Fireplace YN: No
Pool Private YN: No
Furnished: Unfurnished
LP/Assessed Value: 1.93

Property Features

Exterior Features: Awning(s); Storage; Other Flooring: Laminate; Parquet; Terrazzo; Tile; Vinyl Leasing Permitted Details: Okay To Lease Parking Features: Covered; Attached Carport; Carport Property Condition: Resale Special Listing Conditions: Standard Appliances: Dryer; Electric Cooktop; Electric Range; Microwave; Oven; Refrigerator; Washer; Water Heater; Other; Cooktop; Range Water Heater Details: Water Heater Owned Architectural Style: Contemporary Construction Materials: Block; CBS; Concrete; Concrete Block - With Stucco; Stucco Cooling: Ceiling Fan(s); Wall/Window Unit(s) Heating: Window/Wall Interior Features: Bedroom Layout - Split; Storage; Other Levels: One Listing Terms: 1031 Exchange; Cash; Conventional; Cryptocurrency; Owner Will Carry; Private Financing Available; Trade; Other Lot Features: Oversized Lot Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Negotiable Restrictions: No Restrictions Road Frontage Type: City Street Road Responsibility: Public Maintained Road Road Surface Type: Asphalt; Paved Roof: Flat; Shingle Security Features: Smoke Detector(s) Sewer: Private Sewer; Public Sewer; Septic Tank Structure Type: House Tax Information: County Only Utilities: Cable Connected; Electricity Connected; Phone Connected; Sewer Connected; Water Connected; Other Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Occupied; Schedule Online; Text Listing Agent Room Types: Kitchen; Living Room; Master Bedroom Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 697500
Negotiable Seller Concessions YN: Yes
Occupant Type: Tenant
Listing Service: Full Service
Seller Represented YN: Yes

Location and Legal

Country: United States
County Or Parish: Broward
Street Number: 2531
Street Name: Pierce
Street Suffix: Street
Municipality Type: Incorporated
State Or Province: FL
Postal Code: 33020
Postal Code +4: 4311
Subdivision Name: HOLLYWOOD LITTLE RANCHES
Area: 3050
Geographic Area: HWEA - Hollywood East (3010-3050)
Elementary School: Oakridge
Middle Or Junior School: Olsen
High School: South Broward
Special Assessment YN: No
Parcel Number: 514216015270
Subdivision Number: Yes
Zoning: RM-18
Flood Zone: X

Financial Information

Application Required YN: No
Master Association YN: No
Membership Fee Required YN: No
Tax Annual Amount: 9666.78
Tax Year: 2025
Tax Assessed/SOH Value: 360980
Tax Legal Description: HOLLYWOOD LITTLE RANCHES 1-26 B LOT 13 E3/4 BLK 14
Assessor Market Value: 633760
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-06-04T18:15:29Z
Major Change Type: New Listing
Status Change Date: 2026-06-04

More Information

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes

Parking Information

Open Parking Spaces: 3

Main Level Rooms

Main Level Bathrooms: 3
Main Level Bedrooms: 2

Pet Details

Pet Fee YN: No
Other Pet Restrictions: You can do as you wish as the owner.

Leasing Restrictions

Leasing - Max Times Per Year: 100
Leasing - Minimum Number of Days: Yes

Price Calculations

Current Price To SqFt: 484.37

Originating Details

Originating System Key: 20260604175433790287000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Exterior Features

Awning(s): Yes
Storage: Yes
Other: Yes

Flooring

Laminate: Yes
Parquet: Yes
Terrazzo: Yes
Tile: Yes
Vinyl: Yes

Parking Features

Covered: Yes
Attached Carport: Yes
Carport: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Structure Type

House: Yes

Possession

Negotiable: Yes

Sewer

Private Sewer: Yes
Public Sewer: Yes
Septic Tank: Yes

Utilities

Cable Connected: Yes
Electricity Connected: Yes
Phone Connected: Yes
Sewer Connected: Yes
Water Connected: Yes
Other: Yes

Heating

Window/Wall: Yes

Appliances

Dryer: Yes
Electric Cooktop: Yes
Electric Range: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Washer: Yes
Water Heater: Yes
Other: Yes
Cooktop: Yes
Range: Yes

Construction Materials

Block: Yes
CBS: Yes
Concrete: Yes
Concrete Block - With Stucco: Yes
Stucco: Yes

Interior Features

Bedroom Layout - Split: Yes
Storage: Yes
Other: Yes

Levels

One: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
Cryptocurrency: Yes
Owner Will Carry: Yes
Private Financing Available: Yes
Trade: Yes
Other: Yes

Lot Features

Oversized Lot: Yes

Road Frontage Type

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Road Surface Type

Asphalt: Yes
Paved: Yes

Roof

Flat: Yes
Shingle: Yes

Security Features

Smoke Detector(s): Yes

Water Source

Public: Yes

Water Heater Details

Water Heater Owned: Yes

Architectural Style

Contemporary: Yes

Cooling

Ceiling Fan(s): Yes
Wall/Window Unit(s): Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes
Listing Agent Must Accompany: Yes
Occupied: Yes
Schedule Online: Yes
Text Listing Agent: Yes

Main Living Area

Entry Level: Yes

Master Bedroom/Bath

Bedroom On Entry Level: Yes
Other: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

No Restrictions: Yes

Restrictions

No Restrictions: Yes

Tax Information

County Only: Yes

Room Types

Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Room Information

Room Name
Kitchen
Living Room
Master Bedroom

Documents

Survey ›

Site Plan ›

Listing Office: United Realty Group Inc.

Last Updated: June - 30 - 2026

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