Property Id: 6157487
Price: $ 629,750
Property Size: 1,440 ft2
Property Lot Size: 0 ft2
Rooms: 3
Bedrooms: 3
Bathrooms: 2
ArchitecturalStyle: One Story, Modern/Contemporary
BathroomsFull: 2
BathroomsHalf: 0
BathroomsTotalDecimal: 2
BridgeModificationTimestamp: 2026-09-10T16:20:26.515Z
BuildingAreaSource: Appraisal
BuildingAreaTotal: 1785
BuildingAreaUnits: Square Feet
BuildingFeatures: Outside Storage
CarportSpaces: 1
CoListAgentDirectPhone: 954-214-0548
CoListAgentFullName: Wayne C Charneco
CoListAgentKey: 5eddff884a5af6b9c130b2e5f98b66fc
CoListAgentMlsId: FLL3206892
CoListAgentOfficePhone: 954-450-2000
CoListOfficeKey: 7248f7b9c128cdc754e2fd0f72d33a10
CoListOfficeMlsId: FLLURGI01
CoListOfficeName: United Realty Group Inc
CoListOfficePhone: 954-450-2000
CommunityFeatures: Paved Road
ConstructionMaterials: Concrete Block Construction, CBS Construction, Stucco
ContractStatusChangeDate: 2026-06-04
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
CoveredSpaces: 1
CurrentFinancing: Cash
DaysOnMarket: 98
DirectionFaces: South
ElementarySchool: Oakridge
ExpirationDate: 2027-06-30
Flooring: Parquet, Terrazzo, Tile, Vinyl
Furnished: Unfurnished
Heating: Window/Wall
HighSchool: South Broward
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
Levels: 1
ListAOR: BeachesMLS
ListAgentDirectPhone: 954-993-6664
ListAgentFullName: Michael J Sheer
ListAgentKey: df32be35c8840da6ac0a8a5cda2b8d7c
ListAgentMlsId: FLL3355952
ListAgentOfficePhone: 954-450-2000
ListAgentStateLicense: 3355952
ListOfficeKey: 0594da7ef0255aced82a2bf8f5ae701b
ListOfficeMlsId: FLLURGI07
ListOfficeName: United Realty Group Inc.
ListOfficePhone: 954-450-2000
ListingAgreement: Exclusive Right To Sell
ListingContractDate: 2026-06-04
ListingId: B26036952
ListingKeyNumeric: 505133584
ListingTerms: All Cash, Conventional, Cryptocurrency, Exchange, Owner Will Carry, Owner Hold 2nd Mortgage
LivingAreaUnits: Square Feet
LotFeatures: 1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre, Oversized Lot, Septic
LotSizeSquareFeet: 15393
LotSizeUnits: Square Feet
MIAMIRE_LPAmtSqFt: 437.3264
MIAMIRE_RATIO_CurrentPrice_By_SQFT: 437.33
MIAMIRE_SubdivisionInformation: Paved Road
MLSAreaMajor: Hollywood Little Ranches
MajorChangeTimestamp: 2026-07-28T21:00:04.000Z
MajorChangeType: Price Decrease
MiddleOrJuniorSchool: Olsen
MlsStatus: Active
ModificationTimestamp: 2026-09-10T16:12:54.543Z
OnMarketDate: 2026-06-04
OriginalEntryTimestamp: 2026-06-04T22:15:29.000Z
OriginalListPrice: 697500
OriginatingSystemID: miamire
OriginatingSystemKey: miamire
OriginatingSystemName: Miami Association of REALTORS®
OtherExpense: 0
OtherStructures: Livable
ParcelNumber: 514216015270
ParkingFeatures: 2 Or More Spaces, Awning, Covered
ParkingTotal: 4
PatioAndPorchFeatures: Awning(s)
PetsAllowed: Yes
PhotosChangeTimestamp: 2026-06-30T14:55:36.310Z
PhotosCount: 38
Possession: Funding, Long Closing Preferred, Negotiable
PostalCodePlus4: 4311
PreviousListPrice: 679850
PriceChangeTimestamp: 2026-08-31T20:35:57.000Z
RoadFrontageType: City Street, City/County Maintained, Paved Road, City
RoadResponsibility: Public Maintained Road
RoadSurfaceType: Paved Road, Paved
Roof: Comp Shingle Roof, Flat Tile, Flat Roof With Facade Front, Shingle
SecurityFeatures: Smoke Alarm, Smoke Detector(s), Smoke Detector
Sewer: Public Sewer, Public Sanitation, Private Treatment Plant, Septic Tank, Sewer, On-Site Treatment
ShowingContactType: Agent
ShowingInstructions: 24 Hour Notice, Appointment Only, Call Listing Agent, Elect Lockbox-Call List Agent, List Agent Must Accompany, Text Agent Phone Number
SourceSystemKey: 505133584
StateOrProvince: FL
StatusChangeTimestamp: 2026-06-04T22:15:30.000Z
Stories: 1
StoriesTotal: 1
StreetName: Pierce
StreetNumber: 2531
StreetNumberNumeric: 2531
StreetSuffix: Street
StructureType: House
SyndicationRemarks: 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 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 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.
TaxAnnualAmount: 9666
TaxLegalDescription: HOLLYWOOD LITTLE RANCHES 1-26 B LOT 13 E3/4 BLK 14
TaxYear: 2025
Utilities: Other Utilities Available, Septic, Cable Available, Electricity Available, Other, Phone Available, Sewer Available, Water Available
WaterSource: Public
WindowFeatures: Awning
YearBuilt: 1949
YearBuiltDetails: Resale
Zoning: RM-18
