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1946 Pierce St 1-11
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PRICED AT ONLY: $2,499,900

Address: 1946 Pierce St 1-11, Hollywood, FL 33020

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. 7.9%+ cap rate.

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  • MLS#: F10487475 ( Commercial/Industrial )
  • Street Address: 1946 Pierce St 1-11
  • Viewed: 1
  • Price: $2,499,900
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2024
  • Bldg sqft: 0
  • Days On Market: 157

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. 7.9%+ cap rate.
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Features
Building and Construction
  • Ceiling Description: Sheet Rock
  • Construction Type: Concrete Block Construction, Cbs Construction, New Construction
  • Floor Description: Vinyl Floors
  • Num Stories: 1.0000
  • Year Built Description: New Construction
Property Information
  • Property Description: 11 Unit Rental Property
  • Transaction Type Mlx: Sale
  • Typeof Property: Income/Multi-Family
Land Information
  • Lot Sq Footage: 10907
  • Total Acreage: 0.2504
Garage and Parking
  • Parking Description: Common Parking
Eco-Communities
  • Environmental Audit: None
  • Water Description: Public Water
Utilities
  • Cooling Description: Central Individual A/C
  • Fire Protection: Smoke Detector
  • Num Meters: 12
  • Num Toilets: 11
  • Number Of Units: 11
  • Sewer Description: Public Sanitation
Finance and Tax Information
  • Tax Year: 2024
Other Features
  • Board Identifier: BeachesMLS
  • Country: United States
  • Geographic Area: Hollywood East (3010-3050)
  • Legal Description: HOLLYWOOD 1-21 B LOT 26, 27 BLK 20
  • Locationof Property: City Location, In Residential Area
  • Municipal Code: 51
  • Parcel Number Mlx: 3550
  • Parcel Number: 514215013550
  • Postal Code + 4: 4041
  • Sale Includes: Building & Land
  • Section: 15
  • Unit Number: 1-11
  • Zoning Information: ND-2
Nearby Subdivisions
Colonial Square 114-32 B   F D Longmore   Frank C Dickey Sub 11-8 B   Harris Estates   Hollywood 1-21 B   Hollywood Country Club Distric   Hollywood Homesites Rev Plat   Hollywood Little Ranches   Hollywood Park   Hollywood Park 4-19 B   Hollywood South Side Add   Hollywood South Side Add No 2   Jones Corner Amd 16-29 B   Liberia 1-34 B   Na   North Hollywood 4-1 B   St James Court 5-26 B   St James Park Second Add   St James Park West Add   St James Park West Add 2-  
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