For SaleMulti FamilyActive
5921 Pierce St 1-8
Hollywood, FL 33021
$2,250,000
58 Days On Site
- 8,112Sq Ft
- $277Per Sq Ft
- 0.68Acres
- 1973Built
- County
- Broward
- MLS®
- A12079509
Overview
5921, 5923, 5925, and 5927-5929 Pierce Street present an opportunity to acquire an 8-unit multifamily portfolio in Hollywood, Florida, consisting of six 2-bedroom/1-bath units and two oversized 2-bedroom/2-bath units. The property currently generates an NOI of $136,619. The two 2-bedroom/2-bath units at 5927-5929 Pierce Street are approximately 1,250 SF each and offer a compelling value-add opportunity with the potential to convert them to 3-bedroom/2-bath units, creating additional rental upside. Most tenants are long-term, while all units feature central A/C, two parking spaces per unit, and separate metering, with tenants responsible for their own electric, water, and trash. The property spans approximately 30,000 SF of land across four separate parcels and features a newer drainfield, roofs approximately 10 years old, predominantly PVC plumbing, and a mix of impact and original windows. Located in a well-established Hollywood residential area, the property offers convenient access to major highways, shopping, dining, employment centers, Downtown Hollywood, and the beach. Seller financing is also available with attractive terms, providing additional flexibility for qualified buyers.
Listing Snapshot
- Price
- $2,250,000
- Days On Site
- 58 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 8,112 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 0.68 Acres
- Year Built
- 1973
- MLS® Number
- A12079509
- Status
- Active
- Property Tax
- $31,781 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
Property Details
General Features
7 items
- Acres
- 0.68
- Levels
- One
- Property Sub Type
- Multi Family
- Sewer
- Public Sewer
- SqFt Total
- 8,112
- Water Source
- Public
- Zoning
- C-LP
Community Features
1 item
- MLS Area
- 3070
Location
5921 Pierce St 1-8, Hollywood, FL 33021 · 3070
Neighborhood & Commute
ZIP Code 33021
- Median household income
- $72,449
- Income per person
- $40,518
- Households
- 21,404
- Average household size
- 2.35
- Median age
- 41.1
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Listing first seen on site
- Status changed to Active
- Price changed to $2,250,000
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