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2531 Pierce Street
Hollywood FL 33020 US

$697,500

Active Listing ID B26036934
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Lot: 0.35 Acres
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Other

$697,500

Active Listing ID B26036934
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2531 Pierce Street 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

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Property Features

  • Facts
  • Lot Size: 0.35 Acres
  • Property Type: Land
  • Property Sub-type: Other

School Information

  • School
  • Oakridge(Elementary)
  • Olsen(MiddleSchool)
  • South Broward(HighSchool)

Property

  • propertytype: Land
  • propertysubtype: Other
  • listprice: 697500
  • unparsedaddress: 2531 Pierce Street
  • postalcity: Hollywood
  • stateorprovince: FL
  • country: US
  • postalcode: 33020
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.35
  • lotsizeunits: Acres
  • lotsizearea: 0.35
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 26.016414
  • longitude: -80.158484
  • listagentfullname: Michael J Sheer
  • listagentemail: MikeSheerRealtor@gmail.com
  • listagentkey: 3yd-RMLSFL-3355952
  • listagentmlsid: 3355952
  • listagentpreferredphone: 9549936664
  • listagentofficephone: 9544502000
  • listofficekey: 3yd-RMLSFL-URGI07
  • listagentstatelicense: 3355952
  • listofficemlsid: URGI07
  • disclaimer: Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSFL
  • listingcontractdate: 2026-06-04
  • countyorparish: Broward
  • parcelnumber: 514216015270
  • elementaryschool: Oakridge
  • highschool: South Broward
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.158485, 26.016415
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"United Realty Group Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"MikeSheerRealtor@gmail.com", "ListBrokerageCity":"Plantation", "ListBrokerageCountry":"US", "ListBrokerageEmail":"pbrownell@urgfl.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RMLSFL/29dac291e67511f0846d52d8e894a0c7/20251231182227510.png", "ListBrokerageName":"United Realty Group Inc", "ListBrokeragePhone":"(954) 450-2000", "ListBrokeragePostalCode":"33324", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"Ste 600", "ListBrokerageUnparsedAddress":"1200 S Pine Island Rd", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"975 N Nob Hill Road ", "ListOfficeAddress2":"Ste 600", "ListOfficeBrokerMlsId":"URGI07", "ListOfficeCity":"Plantation", "ListOfficeCountry":"US", "ListOfficeEmail":"pbrownell@urgfl.com", "ListOfficePostalCode":"33324", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"LAND - Hollywood, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2531-Pierce-St_Hollywood_FL_33020_M63956-20926?f=listhub&s=RMLSFL&m=B26036934&c=rexren", "MLSModificationTimestamp":"2026-06-08 15:16:09", "Neighborhoods":[{"Description":null, "Name":"HOLLYWOOD LITTLE RANCHES"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9667, "TaxDescription":"HOLLYWOOD LITTLE RANCHES 1-26 B LOT 13 E3/4 BLK 14", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/10/2026 5:47:35 AM GMT
Source Updated Date: 6/30/2026 12:50:44 AM GMT

Courtesy of: Michael J Sheer, United Realty Group Inc., MikeSheerRealtor@gmail.com

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.