实时房源

2531 Pierce Street

Hollywood, FL 33020 HOLLYWOOD LITTLE RANCHES

房源价格 $679,850
PROPERTY DESCRIPTION

英文房源介绍

Rare opportunity to acquire an income producing 3/2 home (w/in-law suite) & additional development capacity, walking distance from schools, library, parks & Downtown Hollywood, at over 20% 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 developed on the same lot, for a total of 9 units, without tearing down the current structure. All of the additional 8 units can be ~760 square foot 2 bedroom apartments. The included site plan shows viable layout, parking & access. A formal Pre-Application Consultation (PAC) meeting with the city has been held; representatives from every relevant discipline were present (planning, zoning, engineering, landscape, fire, etc) and they confirmed the site plan is feasible & compliant with current zoning & regulations. Sold land comps: $50k per (mostly 1 bedroom) unit. Active land comps: $58k-$101k per (mostly 1 bedroom) unit. Two bedroom units generally rent for around 30% more than one bedroom units; land buildable for two bedroom units is generally valued around 30% more than land buildable for one bedroom units. 3/2 house comps: $499k-$679k active, $410k-$580k sold. Subject property is a 3/2 house + 8 (2 bedroom) units of buildable land; market value ~$900k. 2 bed rents:$1.8k-$2.5k/mo. 3 bed rents:$3k-$3.8k/mo. Build cost:~$1.3M-$1.5M. All in:~$2M. Projected value:$3M+ = ~$1M instant equity. Potential ~10% cap. Seller will finance. Property is in a Qualified Opportunity Zone, which offers the potential for major tax benefits including deferring taxes, reducing capital gains taxes, and potentially paying no tax at all on the profit when you sell the property; consult tax professional for details and eligibility. See photos & attachments for details on location, plans, and comps. Call listing agent for more information.

CHINESE TRANSLATION

中文翻译

PROPERTY DETAILS

详细信息

房源信息

房源编号
B26036952
房源状态
Active
房产类型
Single Family Residence
卧室
3
浴室
2
建筑面积
1,440 sq ft
地块面积
15,393 sq ft
建造年份
1949
社区
HOLLYWOOD LITTLE RANCHES
Broward

房产特色

室内设施
Other, Bedroom Layout - Split, Storage
室外设施
Awning(s), Other, Storage
家电
Water Heater Owned, Cooktop, Dryer, Electric Range, Microwave, Oven, Other, Refrigerator, Water Heater, Washer, Electric Cooktop, Range
制冷
Ceiling Fan(s), Wall/Window Unit(s)
供暖
Window/Wall
停车
Attached Carport, Covered, Carport
临水
False
地块特色
Oversized Lot
房产税
$9,666.78 (2025)
佛州房地产信息网
EvelynYang(杨晓琳) 561.972.3158
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