1845 Pembroke Rd Unit #3-22, Hollywood, FL 33020

$163,000
1
BD
1
BA
440
SqFt

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List Price
$163,000
Price Change
▼ $6,000 1780361171
MLS#
A11973518
Bedrooms
1
Bathrooms
1
Sq. Ft
440
Subtype
Condominium
County
Broward
Community
Pembroke Arms Condo Apts
Subdivision
Pembroke Arms Condo Apts
Year Built
1954

Property 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.

Additional Information

Hoa
Yes
Hoa Amount
338
Pets Allowed
Yes
Status Label
ACTIVE
Unit Floor Number
1
Construction
Concrete Block Construction
Cooling
Central Air
Equipment
Gas Range, Refrigerator
Flooring
Tile
Heating
Central
Parking
1 Space
Bedroom Description
Entry Level
Security
No Security
Taxes
$2,629
View
Other View
Unit Number
3-22
Total Floors
1
Stories
1
Price Per Sqft
$370

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Calculator source: Real Geeks

Listing Courtesy Of RE/MAX 5 Star Realty, Contact: