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2459 Pierce St

$1,000,000

2459 Pierce St, Hollywood, FL 33020

Active
Last Updated: 11/06/2025

22,163

NOI

2,960 sqft

Building Size

Details:
NOI:    $22,163
Building Size:    2,960 sqft
Units:    6
Year Built:    1950
Highlights:
  • Gross Income: 47700
  • Flooring: Other, Vinyl
Description:

Prime value-add multifamily opportunity in Hollywood! This offering features two triplexes at 2459 & 2463 Pierce St with 6 total units—four 1-bed/1-bath units and two studios—on a half-acre lot. Each unit has a separate electric meter, and each building has its own water meter. This fixer-upper requires rehab, and current rents are below market with all units month-to-month, offering immediate upside. With a pro-forma gross income of $115,200, renovations provide significant potential for rent growth and higher returns. Ideally located just 5 minutes from Downtown Hollywood and I-95, 8 minutes to Hollywood Beach, and 10 minutes from FLL Airport, this property is perfect for investors seeking scale, income growth, and long-term appreciation. Seller financing available!

Map:
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