PEMBROKE ARMS CONDO APTS
1845 Pembroke Rd # 22, Hollywood FL 33020
1 beds · 1 baths · 440 ft²
1
Bedrooms
1
Bathrooms
440
Sq. Ft.
1954
Year Built
1
Stories
99
Days on Market
Description
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.
Facts
- MLS#
- A11973518
- Subdivision
- PEMBROKE ARMS CONDO APTS
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 1954
- Lot Size
- 0 sqft
- Sq. Ft.
- 440 ft²
- Sq. Mt.
- 41 m²
- Price per sq. ft.
- $370/ft²
- Price per sq. mt.
- $3,976/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 99 days
- Listed
- Feb 27, 2026
- Last Updated
- Jun 1, 2026
- Price/Lot Sq.Ft.
- —
Market insights for Hollywood
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
June 2026
29
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 6/1/2026 | Price change | $163,000-3.6% |
| 2/27/2026 | Listed for sale | $169,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Championship Academy of Distinction West BrowardKG,1,2,3,4,5,6,7,8 · charter · 0.3 mi
Championship Academy Of Distinction Middle School6,7,8 · charter · 0.3 mi
Championship Academy of Distinction at HollywoodKG,1,2,3,4,5 · charter · 0.3 mi
ECB Educational CenterPK,TK,KG,1,2,3,4,5,6,7,8 · private · 0.4 mi
Aukela Christian Military AcademyKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
West Park High SchoolKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
Orange Brook Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.5 mi
Mimi's Learning CenterPK,KG,1,2,3,4,5,UG · private · 0.9 mi
Nationwide Academy High School9,10,11,12 · private · 1.2 mi
Somerset Academy East PreparatoryKG,1,2,3,4,5,6 · charter · 1.2 mi
Estimated Monthly Payment
$1,153/mo
Principal & Interest
$868
Property Tax
$136
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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