New listing
Photo 1 of 11$163,000
Price reduced1845 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
Location
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