2459 PIERCE ST #1-6, Hollywood
$1,000,000 USD
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| Address | 2459 PIERCE ST #1-6, Hollywood |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Price | $1,000,000 |
| Sold on | 20th March, 2026 |
| Sold Price | $965,000 |
| Property Status | Closed |
| MLS Number | A11907337 |
| Property Size | 10261 |
| Lot Size | 10261 |
| Year Built | 1950 |
| Folio Number | 514216015210 |
| Gross Operating Income | $47,700 |
| Net Operating Income | $22,163 |
| Zoning Information | RM-18 |
| Days on Market | 13 |
Detailed Description: Prime value-add multifamily opportunity in Hollywood! This offering features two triplexes at 2459 and 2463 Pierce St with 6 total units—four 1-bed / 1-bath units and two studios—on a half-acre lot. Each unit has a separate electric meter, and each building has its own water meter. This fixer-upper requires rehab, and current rents are below market with all units month-to-month, offering immediate upside. With a pro-forma gross income of $115,200, renovations provide significant potential for rent growth and higher returns. Ideally located just 5 minutes from Downtown Hollywood and I-95,8 minutes to Hollywood Beach, and 10 minutes from FLL Airport, this property is perfect for investors seeking scale, income growth, and long-term appreciation. Seller financing available!
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Address Information
| State | Florida |
| City | Hollywood |
| County | Broward County |
| Zip Code | 33020 |
| Address | 2459 PIERCE ST |
| Section | 16 |
| Zip Code (4 Digits) | 4866 |
Financial Information
| Price | $1,000,000 |
| Price per Foot | $0 |
| Sold on | 20th March, 2026 |
| Sold Price | $965,000 |
| Folio Number | 514216015210 |
| Gross Operating Income | $47,700 |
| Net Operating Income | $22,163 |
| Tax Amount | $16,077 |
| Tax Year | 2024 |
| Terms of Sale | Seller Financing |
| Possession Information | Funding |
| Type of Contingencies | No Contingencies |
Full Descriptions
| Detailed Description | Prime value-add multifamily opportunity in Hollywood! This offering features two triplexes at 2459 and 2463 Pierce St with 6 total units—four 1-bed / 1-bath units and two studios—on a half-acre lot. Each unit has a separate electric meter, and each building has its own water meter. This fixer-upper requires rehab, and current rents are below market with all units month-to-month, offering immediate upside. With a pro-forma gross income of $115,200, renovations provide significant potential for rent growth and higher returns. Ideally located just 5 minutes from Downtown Hollywood and I-95,8 minutes to Hollywood Beach, and 10 minutes from FLL Airport, this property is perfect for investors seeking scale, income growth, and long-term appreciation. Seller financing available! |
| Roof Description | Built-Up, Other |
| Floor Description | Other, Vinyl |
| Water Description | Public |
| Sewer Description | Septic Tank |
Property parameters
| Living Area | 10261 |
| Lot Size | 10261 |
| Total Acreage | 0.000 |
| Zoning Information | RM-18 |
| Maximum Leasable Size | 10261 |
| Year Built | 1950 |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Listed with | Fausto Commercial Realty Consultants Inc |