1845 Pembroke Rd Unit #3-22, Hollywood, FL 33020
- $163,000
- 1
- BD
- 1
- BA
- 440
- SqFt
- List Price
- $163,000
- Price Change
- ▼ $6,000 1780361171
- MLS#
- A11973518
- Complex Name
- Pembroke Arms Condo Apts
- Status
- ACTIVE
- Type
- Condo
- Bedrooms
- 1
- Full baths
- 1
- Living Area
- 440
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.
Additional Information
- Days on Market
- 152
- Interior Features
- First Floor Entry
- Tax Amount
- $2,629
- Parcel Number
- 514222DC0220
- Bedroom Description
- Entry Level
- Exterior Features
- None
- Association Fee
- $338
- Unit View
- Other View
- Parking Restrictions
- 1 Space
- Pet Restrictions
- No
- Pets Allowed
- Yes
- Unit Number
- 3-22
- SqFt Liv Area
- 440
- Amenities
- None
- Year Built
- 1954
- Style
- Condo 1-4 Stories, Condo
- Restrictions
- Ok To Lease
- Development Name
- Pembroke Arms Condo Apts
- Middle School
- Olsen
- Senior High School
- South Broward
- Construction Type
- Concrete Block Construction
- Section
- 22
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Listing Courtesy of RE/MAX 5 Star Realty, Contact: