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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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5921 Pierce St 1-8 , Hollywood, FL 33021
$2,250,000
Est. Payment: $5,000.00/mo
0 Bed
0 Bath
8112 Sqft
Status: Active | Days on site: 8
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House Description

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.

Highlights

Listed by Elior Levi , 954-743-7594 Fausto Commercial Realty Consultants Inc , 954-743-7594.

Property Type

Commercial Sale

Lot/Acreage
0.68

Year Built

1973

County

Broward

Area

3070

Listing ID

A12079509

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Zoning:C-LP
Sewer:Public Sewer
Principal Interest
$5,000
Taxes
$2,648

Home Price

$2,250,000

Loan Details

30 yrs
%

Down Payment

20%
$450,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,000.00 $2,648.42 $0.00 $7,648.42
Yearly $60,000.00 $31,781.00 $0.00 $91,781.00
Total $1,800,000.00 $953,430.00 $0.00 $2,753,430.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Hollywood, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.