request_info_guest false
Street View
Map
36 Photos

1946 Pierce Street

$2,899,999

1946 Pierce Street, Hollywood, FL 33020

Active
Last Updated: 03/28/2025

6.4

Cap Rate

187,000

NOI

Details:
Cap Rate:    6.4%
NOI:    $187,000
Building Size:    5,137
Lot Area:    0.2504
Units:    11
Occupancy:    11%
Zoning:    ND-2
Price Per Unit:    $263,636
Price Per Sqft:    $506
Year Built:    2024
Average Room Size:    520
Floors:    1
Year Last Renovated:    2024
Construction Status:    2024
Roof:    []
HVAC:    11
Floor:    ["Vinyl Floor"]
Restrooms:    11
CeilingHeight:    8
Cooling:    ["Central Individual"]
Investment Strategy:    Opportunistic
Description:

Introducing Pierce Street Commons, a fully renovated 11-unit multifamily gem in the heart of Hollywood, Florida. Transformed in 2024, this property offers luxury, modern design, and a prime locationperfect for residents and investors. Each unit is 1 bedroom 1 bathroom with luxury waterproof vinyl flooring, quartz countertops, stainless steel appliances, white shaker cabinets, and modern 3-way shower systems. Upgrades include new plumbing, electrical, roof repairs, stucco, central AC, and hurricane-impact windows and doors for security and durability. Storage Space available. With a $231,000 NOI, a sought-after location, and top-tier renovations, Pierce Street Commons is a rare, turnkey investment opportunity in South Florida that has room for growth and appreciation. with a 7.9%+ cap rate.

Map:
Location
Gallery