Basic Information

  • MLS # F10487475
  • Type Commercial
  • Status Active
  • Year Built 2024
  • Total Sqft 10,907
  • Date Listed 03/03/2025
  • Days on Market 57
Description

Introducing Pierce Street Commons, a fully renovated 11-unit multifamily gem in the heart of Hollywood, Florida. Transformed in 2024, this property offers luxury, modern design, and a prime location—perfect for residents and investors. Each unit is 1 bedroom 1 bathroom with luxury waterproof vinyl flooring, quartz countertops, stainless steel appliances, white shaker cabinets, and modern 3-way shower systems. Upgrades include new plumbing, electrical, roof repairs, stucco, central AC, and hurricane-impact windows and doors for security and durability. Storage Space available. With a $231,000 NOI, a sought-after location, and top-tier renovations, Pierce Street Commons is a rare, turnkey investment opportunity in South Florida that has room for growth and appreciation. 7.9%+ cap rate.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description Common

Interior Features

  • Adjusted Sqft 10,907Sq.Ft
  • Cooling Description Central Air
  • Floor Description Vinyl
  • Heating Description Central, Electric
  • Sqft 10,907 Sq.Ft

Property Features

  • Address 1946 Pierce St1-11
  • Aprox. Lot Size 10,907
  • City Hollywood
  • Construction Materials Block
  • County Broward
  • Furnished Info No
  • Levels One
  • Listing Terms Cash, Conventional
  • Parking Features Common
  • Postal City Hollywood
  • Public Survey Section One
  • Public Survey Township 42
  • Sewer Description Public Sewer
  • Short Sale Regular Sale
  • Stories 1
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $38,991
  • Tax Information H O L L Y W O O D1-21 B L O T26,27 B L K20
  • Tax Year 2024
  • Terms Considered Cash, Conventional
  • Type of Property Multi Family

1946 Pierce St #1-11

Hollywood, FL 33020

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman. tel: (561) 245-2635

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