$163,000

Price reduced

1845 Pembroke Rd #3-22, Hollywood FL 33020

1 beds1 baths440 sq ftBuilt 1954MLS# A11973518

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About this property

Investor Opportunity in the heart of Hollywood — Purchase One or All Three.

Offered at $163,000 per unit or all three units for $489,000, this is a rare chance to control multiple condos within the same building — a strategic advantage not often available. The owner is selling three individual units all 1 bed, 1 bath, creating an exceptional opportunity for investors seeking immediate cash flow today and long-term upside tomorrow.

All units are tenant-occupied, providing instant income and making this an ideal 1031 exchange opportunity. You’re stepping into performing assets with built-in revenue from day one.

But this offering is more than just three condos — it’s about future positioning. Located in a prime area of Hollywood, the property sits on valuable land with favorable zoning that allows for increased building height. As zoning changes continue to encourage vertical growth, the long-term redevelopment potential becomes a significant factor. Controlling multiple units in a building with generous zoning creates leverage and strategic influence for future possibilities.

Investors will recognize the power in owning multiple units in the same stack — increased control, simplified management, and stronger positioning should redevelopment conversations arise down the line.

This is not just a purchase. It’s income now, land value growth, and future development potential — all in one of Hollywood’s evolving locations.

Property details

Property type
Condo
Year built
1954
Living area
440 sq ft
Price per sq ft
$370
HOA fee
$338/mo
Property taxes
$2,629/yr
Floors in building
1
Building / community
Pembroke Arms Condo Apts
Status
Price reduced
MLS #
A11973518

Listing courtesy of RE/MAX 5 Star Realty.

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