HOLLYWOOD LITTLE RANCHES

2531 Pierce Street, Hollywood FL 33020

3 beds · 2 baths · 1,440 ft²

For Sale · Active Listing

$697,500

Est. Payment $3,712/mo

MLS Sheet Video

Bedrooms

Bathrooms

1,440

Sq. Ft.

1949

Year Built

Stories

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#: B26036952
Subdivision: HOLLYWOOD LITTLE RANCHES
Property Type: Residential
Property Sub Type: Single Family Residence
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: 4 days
Listed: Jun 4, 2026
Last Updated: Jun 8, 2026
Price/Lot Sq.Ft.: $46/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

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SOLD

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SOLD

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Market insights for Hollywood

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100

Buyers marketSellers market

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).

6/4/2026

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

2531 Pierce Street, Hollywood FL 33020Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Key Biscayne K-8 Center
PK,KG,1,2,3,4,5,6,7,8 · public · 0.6 mi
St Christophers Montessori
PK,KG,1,2,3,4,5,6,UG · private · 0.7 mi
St Christophers Episc Mont
PK,KG · private · 0.7 mi
St Agnes Academy
PK,KG,1,2,3,4,5,6,7,8 · private · 0.8 mi
Key Biscayne Presbyterian School
PK,KG,1 · private · 0.9 mi
Amikids Miami-Dade South
6,7,8,9,10,11,12 · public · 3.4 mi
Mast Academy
6,7,8,9,10,11,12 · public · 3.4 mi
Fisher Island Day School
PK,KG,1,2,3,4,5,6,7,8 · private · 4.9 mi

Estimated Monthly Payment

$4,444/mo

Principal & Interest

$3,712

Property Tax

$581

Insurance

$150

HOA

Down Payment20% ($139,500)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

Hablo Español

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