2531 Pierce Street, Hollywood, FL 33020

$629,750

For Sale

3 bd · 2 ba · 1,440 sqft

2531 Pierce Street, Hollywood, FL 33020

Hollywood Little Ranches

This is how to generate great returns in today's market while protecting your downside. Acquire an income producing 3/2 home (w/in-law suite) & additional development capacity (the right to build 8 more units), 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 deve…

Type
Single Family Residence
Year built
1949
Lot
0.35 sqft
ZIP
33020

Listing courtesy of United Realty Group Inc.