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. Youre stepping into performing assets with built-in revenue from day one.But this offering is more than just three condos ? its 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. Its income now, land value growth, and future development potential ? all in one of Hollywoods evolving locations.
Listed By
Agency Name: RE/MAX 5 Star Realty
Agency Phone: 954-361-0000
Shown By
Agent Name: Eric Eitzen
Agent Phone: (386) 283-3601
Agency Title: Adams Cameron & Co. REALTORS
Estimated Payment
$ 1,134.18 per month $867.55 Principal & Interest $219.08 Property Tax $47.54 Homeowner's Insurance
1845 Pembroke Rd, Unit 3-22 | MLS# A11973518
This condo located at 1845 Pembroke Rd, Unit 3-22, Hollywood, FL 33020 is currently listed for sale with an asking price of $163,000. This property was built in 1954 and has 1 bedrooms and 1 full baths with 440 sq. ft. Pembroke Rd, Unit 3-22 is located in the PEMBROKE ARMS CONDO APTS subdivision. Search PEMBROKE ARMS CONDO APTS real estate on ericeitzen.adamscameron.com today.