UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 440 sqft
Price per Sqft $384
Subdivision Pembroke Arms Condo Apts
MLS Listing ID A11973518
Style Garden Apartment
Bedrooms 1
Full Baths 1
HOA Fees $338/mo
HOA Y/N Yes
Min Days of Lease 365
Leases Per Year 1
Year Built 1954
Annual Tax Amount $2,629
Tax Year 2025
Property Sub-Type Condominium
Property Description
Offered at $169,000 per unit or all three units for $500,000, 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.
Location
State FL
County Broward
Community Pembroke Arms Condo Apts
Area 3050
Interior
Interior Features Bedroom on Main Level, First Floor Entry
Heating Central
Cooling Central Air
Flooring Tile
Appliance Gas Range, Refrigerator
Exterior
Exterior Feature None
Amenities Available None
View Other
Garage No
Private Pool Yes
Building
Architectural Style Garden Apartment
Structure Type Block
Schools
Middle Schools Olsen
High Schools South Broward
Others
Pets Allowed No
HOA Fee Include Laundry,Maintenance Grounds,Maintenance Structure,Sewer,Trash,Water
Senior Community No
Restrictions OK To Lease
Tax ID 514222DC0220
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listed As-Is
Pets Allowed No
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11973518
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