HOLLYWOOD LITTLE RANCHES
2531 Pierce Street, Hollywood FL 33020
1,440 ft²
$697,500
Est. Payment $3,712/mo
1,440
Sq. Ft.
1949
Year Built
1
Stories
7
Days on Market
Description
Rare opportunity to acquire income producing 3/2 home w/in-law suite & additional development capacity, walking distance from library, parks & Downtown Hollywood, at over 20% below market value. Keep the existing home & add 8 (2 bedroom) units for 9 units total. Included site plan shows layout, parking & access. Meeting with city has been held; feasibility & zoning compliance confirmed. Land comps:$50k per (mostly 1 bed) unit sold, $58k-$101k per (mostly 1 bed) unit active. 3/2 house comps:$499k-$679k active, $410k-$580k sold. Subject property: 3/2 house + 8 (2 bedroom) units buildable land; market value ~$900k. 2 bed rents:$1.8k-$2.5k/mo. 3 bed rents:$3k-$3.8k/mo. Build cost:~$1.5M. All in:~$2.2M Projected value:$3M+ = ~$1M equity. Potential ~10% cap. Opportunity zone. Seller will finance
Facts
- MLS#
- B26036914
- Subdivision
- HOLLYWOOD LITTLE RANCHES
- Property Type
- Residential Income
- Property Sub Type
- Duplex
- Year Built
- 1949
- Lot Size
- 15,246 ft²
- Sq. Ft.
- 1,440 ft²
- Sq. Mt.
- 134 m²
- Price per sq. ft.
- $484/ft²
- Price per sq. mt.
- $5,205/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 7 days
- Listed
- Jun 1, 2026
- Last Updated
- Jun 8, 2026
- Price/Lot Sq.Ft.
- $46/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
$697,500
— bd · 0 ba · —
2531 Pierce Street, Hollywood FL 33020
$697,500
— bd · 0 ba · —
2531 Pierce Street, Hollywood FL 33020
$699,999
— bd · 0 ba · —
3000 N 22nd Avenue, Hollywood FL 33020
$700,000
— bd · 0 ba · 1,215 sqft
1933 Taylor Street, Hollywood FL 33020
$715,000
— bd · 0 ba · —
2219 Hayes, Hollywood FL 33020
SOLD$675,000
— bd · 0 ba · 1,370 sqft
2034 Taylor St, Hollywood FL 33020
SOLD$675,000
— bd · 0 ba · 1,370 sqft
2030 Taylor St, Hollywood FL 33020
$725,000
— bd · 0 ba · 2,128 sqft
1110 S 29th Avenue, Hollywood FL 33020
Market insights for Hollywood
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
June 2026
22
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 | Listed for sale | $697,500 |
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.
Watson B. Duncan Middle School6,7,8 · public · 0.6 mi
- Timber Trace Elementary School
PK,KG,1,2,3,4,5 · public · 0.7 mi
- Score at the Top Learning Center-Palm Beach Gardens
2,3,5,6,7,8,9,10,11,12 · private · 0.8 mi
- The Weiss School
PK,KG,1,2,3,4,5,6,7,8 · private · 1.0 mi
- Palm Beach Gardens High Adult Education Center
UG · public · 1.2 mi
- Palm Beach Gardens High School
9,10,11,12 · public · 1.2 mi
- Fusion Academy Palm Beach Gardens
6,7,8,9,10,11,12 · private · 1.3 mi
- Nativity Lutheran Church and School
PK,KG · private · 1.3 mi
- Nativity Lutheran Church
PK,KG,1,2 · private · 1.3 mi
- Palm Beach Preparatory School
1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.3 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$4,444/mo
Principal & Interest
$3,712
Property Tax
$581
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®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours