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2743 Pierce St
Hollywood, FL 33020

Multifamily Property For Sale · 9 Units

Investment Highlights

  • Zoning for 9 Homes: Planned for a townhome development with luxury three-bedroom units.
  • Prime Location: Close to Fort Lauderdale Airport, Hollywood Beach, and major highways.
  • Economic Strength: Hollywood offers a vibrant mix of work, leisure, and residential appeal.
  • Airbnb Potential: Suitable for profitable short-term rental opportunities.
  • Desirable Area: Located between Miami and Fort Lauderdale, appealing to both tourists and locals.

Executive Summary

As the exclusive listing broker, Colliers is pleased to present 2743 Pierce Street, a premier development opportunity featuring a 0.47-acre lot zoned for 9 residential homes in the coveted area of Hollywood, Florida. Projected for a Townhome Development, the prospective purchaser can create high-end modern finishes and offer three-bedroom townhome units.
This project can take advantage of allowing Airbnb rentals, providing an excellent source of potential income. Given the property’s prime location, it is expected to attract a high volume of tourists and short-term rental seekers, leading to high occupancy rates. Strategically situated near Fort Lauderdale International Airport, I-95, Hollywood Beach, and Young Circle, these homes blend comfort, luxury, and prime location.
Hollywood’s status as a sought-after place for renters is firmly established. Located strategically between Miami and Fort Lauderdale, Hollywood exudes a dynamic city vibe, offering a blend of living, working, and leisure opportunities, with Young Circle at its heart. The city’s strong economic foundation and the promise of its changing demographics drive the area’s increasing appeal.

PROPERTY FACTS

Price Per Unit $207,487 CAD
Sale Type Investment
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class B
Lot Size 0.47 AC
Construction Status Proposed
Building Size 9,000 SF
No. Stories 2

Site Amenities

  • 24 Hour Access
  • Courtyard

zoning

Zoning Code RM-18 (Residential)
RM-18 (Residential)
  • Listing ID: 32287141

  • Date on Market: 2024-06-28

  • Last Updated:

  • Address: 2743 Pierce St, Hollywood, FL 33020

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