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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1845 Pembroke Rd 3-22 , Hollywood, FL 33020
$163,000
Est. Payment: $362.22/mo
1 Bed
1 Bath
440 Sqft
Status: Active | Days on site: 94
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House Description

Investor Opportunity in the heart of Hollywood — Purchase One or All Three. Offered at $163,000 per unit or all three units for $489,000, this is a rare chance to control multiple condos within the same building — a strategic advantage not often available. The owner is selling three individual units all 1 bed, 1 bath, creating an exceptional opportunity for investors seeking immediate cash flow today and long-term upside tomorrow. All units are tenant-occupied, providing instant income and making this an ideal 1031 exchange opportunity. You’re stepping into performing assets with built-in revenue from day one. But this offering is more than just three condos — it’s about future positioning. Located in a prime area of Hollywood, the property sits on valuable land with favorable zoning that allows for increased building height. As zoning changes continue to encourage vertical growth, the long-term redevelopment potential becomes a significant factor. Controlling multiple units in a building with generous zoning creates leverage and strategic influence for future possibilities. Investors will recognize the power in owning multiple units in the same stack — increased control, simplified management, and stronger positioning should redevelopment conversations arise down the line. This is not just a purchase. It’s income now, land value growth, and future development potential — all in one of Hollywood’s evolving locations.

Highlights

Listed by Alejandro Bruno , 954-673-7739 RE/MAX 5 Star Realty , 954-361-0000.

Property Type

Condo/Townhome

HOA Fee

338 Monthly

Year Built

1954

County

Broward

Area

3050

Neighborhood

Pembroke Arms Condo Apts

Listing ID

A11973518

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Gas Range, Refrigerator
Air Cond:Central Air
Fireplaces:
Floor:Tile
Other:
  • Additional:Bedroom on Main Level, First Floor Entry

Exterior Features

Parking Features:One Space
Principal Interest
$362
Taxes
$219
HOA
$338

Home Price

$163,000

Loan Details

30 yrs
%

Down Payment

20%
$32,600
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:
$362.22

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $362.22 $219.08 $338.00 $919.31
Yearly $4,346.67 $2,629.00 $4,056.00 $11,031.67
Total $130,400.00 $78,870.00 $121,680.00 $330,950.00

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.