
$169,000
CondominiumActive1845 Pembroke Rd # 22, Hollywood FL 33020
MLS #A11973518About This Property
Investor Opportunity in the heart of Hollywood — Purchase One or All Three. Offered at $169,000 per unit or all three units for $500,000, 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.
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Property Details
Property Type
Condominium
Year Built
1954
Living Area
440 sq ft
Bedrooms
1
Bathrooms
1
Pool
No
Waterfront
No
Cooling
Central Air
Heating
Central
Flooring
Tile
Construction
Concrete Block Construction
Style
Garden Apartment
HOA Fee
$338 / Monthly
Annual Taxes
$2,629 (2025)
Days on Market
0
MLS #
A11973518
Features & Amenities
Interior
Appliances
Exterior
Other
Similar Homes Nearby
Location
City
Hollywood
State
FL
ZIP Code
33020
County
Broward County
Listing provided by Alejandro Bruno at RE/MAX 5 Star Realty. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A11973518.