Home » Hollywood » 1946 Pierce St 1-11, Hollywood, FL 33020 | A11619108

Multi Family For Sale 1946 Pierce St 1-11, Hollywood, FL 33020

$2,985,000
Price has decreased by $170,000

Property Highlights

Listing ID A11619108 Status of this Listing: Active For Sale Property Type Commercial Sale Multi Family Building Area 5,137 Sqft/477.24 m2 approx. Lot area 10,907 Sqft/1013.29 m2 approx. Year Built 2024 Time of this property on Rebonus 151 Day(s)

1946 Pierce St 1-11, Hollywood, FL 33020

Property Description: Introducing Pierce Street Commons, a fully renovated 11-unit multifamily treasure in the heart of Hollywood, Florida. This exceptional property offers a blend of luxurious living spaces, a modern design, and a highly sought-after location, making it perfect for residents and investors. Extensive Renovations, Spacious and Stylish Units, Prime Location and Amenities, Investment Opportunity. Completely transformed in 2024 with over $1 million invested. Brand new windows, plumbing, electrical systems, roof repairs, stucco, and central AC. All units boast high-traffic waterproof vinyl flooring, quartz countertops, stainless steel appliances, white kitchen cabinets, and modern 3-way shower systems. Hurricane-impact windows and doors provide extra security and peace of mind.

Commercial Sale Multi Family For Sale located at 1946 Pierce St 1-11 Hollywood FL 33020 in Broward referenced as ID MLS # A11619108. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Previous Asking Price:$2,995,000
Original List Price:$3,155,000

Lease Details

Lease Terms Description:1 To 3 Year Lease

Business Info

Gross Scheduled Income:284000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • New Construction
Number of Buildings:1
Number of Units Total:11
Levels:One
Construction Materials:
  • Block
Flooring:
  • Vinyl
Structure Type:
  • Apartment
Stories:1
Road Frontage Type:
  • City Street

Property Features

Waterfront:No
Security:
  • Smoke Detector(s)
Roof:
  • Built-up
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$36,230

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Lease Term:
  • 36 Months
Tenant Pays:
  • Electricity
  • Hvac Maintenance
Lease Considered:Yes

Community

Building Name:PIERCE STREET COMMONS
Senior Community:No
Development Status:
  • New Construction

Parking

Parking Total Spaces:6
Covered Spaces:0
Parking Features:
  • Common
  • On Street

Utilities

Number of Separate Electric Meters:12
Sewer:
  • Public Sewer
Water Source:
  • Public

More Details

Other Information:
Property Description11 Unit Rental Property
Flood ZoneX
FEMA Flood Zone DesignationsX
Municipal Code51
Ref1077198484
Subdivision Number1

Zoning and Legal

Tax Legal Description:HOLLYWOOD 1-21 B LOT 26,27 BLK 20
Real Estate Folio Number (Parcel Number):514215013550
Zoning Description:ND-2
Public Survey Township:51
Public Survey Range:42
Public Survey Section:15
Title to the property is held by owner as:
  • Corporation

Listing History

Update/EventDate/Days
Published Date:July 8, 2024 2:25 pm
On Market Date:July 8, 2024
Price Change Date Time:November 6, 2024 12:40 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:November 6, 2024 12:40 pm
Status Last Changed:July 8, 2024 2:25 pm
Photos Last Modified:July 8, 2024 6:38 pm
Last Modified:November 6, 2024 5:41 pm
Days on the Market Reference Date:November 6, 2024
Days on the Market (updated on Last Modified*):121
Cumulative Days on the Market (updated on Last Modified**):261

Additional Information

Lot Size Range:1/4+ To 1/2 Acre
Number of Photos:32
Location:City Location,In Residential Area,,
Included:Building & Land,Equipment,Furniture/Fixtures,Inventory,Leases,
Geographical Area:Hollywood East (3010-3050)
Area:3050
Courtesy of:East Coast Realty Brokerage LLC
Universal Property Id:US-12011-N-514215013550-R-N

Location

Show Property Address:Yes
Street Name:Pierce St
Street Number:1946
Street Address:1946 Pierce St 1-11
Unit Number:1-11
City : Hollywood
State : Florida
Zip Code : 33020
County : Broward
Full Address:1946 Pierce St 1-11, Hollywood, FL 33020
Latitude:N26° 0' 56.8''
Longitude:W81° 51' 12.7''

Neighborhood

Postal City:Hollywood

Property Map