$163,000

1845 Pembroke Rd 3-22, Hollywood, FL 33020

  • 1 bed |
  • 1 bath |
  • 440 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1954
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $370/sqft
  • Property List Date Icon Listed 4 months ago

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.

Listing Status:
Active
Date Added:
February 27, 2026
Data Last Updated:
July 26, 2026 at 5:06PM
Listing Office:
RE/MAX 5 Star Realty : 954-361-0000
Listing Agent:
Alejandro Bruno : 954-673-7739
MLS ID:
A11973518
  • General: First Floor Entry
  • Appliances: Gas RangeRefrigerator
  • Laundry: Common Area
  • Flooring: Tile
  • A/C: Central Air
  • Heating: Central
  • General: None
  • Style: Garden Apartment
  • Parking: 1 Space
  • General: Concrete Block Construction
  • HOA Amenities: 338.0Monthly
  • Originating MLS: Miami Association of REALTORS®
  • County: Broward County
  • Zoning: PEMBROKE ARMS CONDO APTS INC UNIT 3-22 PER CDO BK/PG: 5509/851514222DC0220
  • View: Other ViewView
  • Source: Miami Association of REALTORS®

This listing courtesy of Alejandro Bruno , RE/MAX 5 Star Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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