3
  • Property Type
  • Multi-family
  • 8112 ft²
  • Area Size
  • 29480 ft²
  • Land Area
5921-5929 Pierce St
  • $2,250,000

Details

Updated on October 1, 2026 at 4:02 pm
  • Property ID FC-64376
  • Price $2,250,000
  • Property Size 8112 ft²
  • Land Area 29480 ft²
  • Year Built 1973
  • Property Type Multi-family
  • Property Status For Sale

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: 5921 Pierce St #A-B, Hollywood, FL 33021/5923 Pierce St #A-B, Hollywood, FL 33021/5925 Pierce St #1-2, Hollywood, FL 33021/5927-5929 Pierce St #1-2, Hollywood, FL 33021, Hollywood, Florida, 33021
  • City: Hollywood
  • State/county: Broward County
  • Zip/Postal Code: 33021

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