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About This Property
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.
Property Features
County
Broward County
Section
22
Area
440
Subdivision
PEMBROKE ARMS CONDO APTS
Interior
First Floor Entry
Cooling
Central Air
Bedrooms
1
Floors
Tile
Full Baths
1
Appliances
Gas Range, Refrigerator
Heating
Central
Style
Garden Apartment
Garage Spaces
0
Construction/Exterior
Concrete Block Construction
Patio / Deck Description
Exterior
None
Has a Pool
Possession
Funding
Lot Size in Acres
Water
Sewer
Lot Size in Sq. Ft.
0
Has Waterfront
No
Parking Description
1 Space
View
Other View
Has Garage
No
Roof/Attic
Senior Community
No
Other Utilities
Property Type
Residential
Pets
No
Property SubType 2
Condominium
Tax Year
2025
Year Built
1954
Tax Amount
$2629
APN
NA
Square Feet Source
NA
Map
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