Overview
- Multi Family, Commercial Sale
- 8112
- 1973
Description
5921, 5923, 5925, and 5927-5929 Pierce Street present an opportunity to acquire an 8-unit multifamily portfolio in Hollywood, Florida, consisting of six 2-bedroom/1-bath units and two oversized 2-bedroom/2-bath units. The property currently generates an NOI of $136,619. The two 2-bedroom/2-bath units at 5927-5929 Pierce Street are approximately 1,250 SF each and offer a compelling value-add opportunity with the potential to convert them to 3-bedroom/2-bath units, creating additional rental upside. Most tenants are long-term, while all units feature central A/C, two parking spaces per unit, and separate metering, with tenants responsible for their own electric, water, and trash. The property spans approximately 30,000 SF of land across four separate parcels and features a newer drainfield, roofs approximately 10 years old, predominantly PVC plumbing, and a mix of impact and original windows. Located in a well-established Hollywood residential area, the property offers convenient access to major highways, shopping, dining, employment centers, Downtown Hollywood, and the beach. Seller financing is also available with attractive terms, providing additional flexibility for qualified buyers.
Address
Open on Google Maps- Address 5921 Pierce Street
- City Hollywood
- State/county FL
- Zip/Postal Code 33021
- Area Broward
Details
Updated on September 10, 2026 at 1:39 pm- Property ID: HZA12079509
- Price: $2,250,000
- Property Size: 8112 Sqft
- Land Area: 0.68 Acres
- Garage Size: x x
- Year Built: 1973
- Property Type: Multi Family, Commercial Sale
- Property Status: Active, For Sale
Additional details
- Sewer: Public Sewer
- County: Broward
- Property Type: Commercial Sale
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