2531 Pierce Street, Hollywood, FL 33020 (MLS# B26036952)

2531 Pierce Street, Hollywood, FL 33020

$629,750
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,785 Status: Active
Current Price: $629,750 List Date: 6/04/2026 Last Modified: 8/31/2026

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 30% 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 ...

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
1.74

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

Status Change Information

Major Change Timestamp
2026-08-31T16:35:57Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-08-31T16:35:57Z
Status Change Date
2026-06-04

More Information

Leasing Permitted Details

Leasing Permitted YN
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
437.32

Originating Details

Originating System Key
20260604175433790287000000
Originating System ID
M00000170

Room Information

Room Name
Kitchen
Living Room
Master Bedroom

Documents

IDX
Listing Office: United Realty Group Inc.
Last Updated: August - 31 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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