5921 Pierce St # 1-8, Hollywood, FL 33021

Description of 5921 Pierce St # 1-8, Hollywood, FL 33021

5921, 5923, 5925, and 5927-5929 Pierce Street present an opportunity to acquire an 8-unit multifamily portfolio in Hollywood, Florida, consisting of six 2-bedroom/1-bath units and two oversized 2-bedroom/2-bath units. The property currently generates an NOI of $136,619. The two 2-bedroom/2-bath units at 5927-5929 Pierce Street are approximately 1,250 SF each and offer a compelling value-add opportunity with the potential to convert them to 3-bedroom/2-bath units, creating additional rental upside. Most tenants are long-term, while all units feature central A/C, two parking spaces per unit, and separate metering, with tenants responsible for their own electric, water, and trash. The property spans approximately 30,000 SF of land across four separate parcels and features a newer drainfield, roofs approximately 10 years old, predominantly PVC plumbing, and a mix of impact and original windows. Located in a well-established Hollywood residential area, the property offers convenient access to major highways, shopping, dining, employment centers, Downtown Hollywood, and the beach. Seller financing is also available with attractive terms, providing additional flexibility for qualified buyers.

Property Details for 5921 Pierce St # 1-8, Hollywood, FL 33021

Pool Private

No

Building Information for 5921 Pierce St # 1-8, Hollywood, FL 33021

Building Area Total

8112

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Property Information for 5921 Pierce St # 1-8, Hollywood, FL 33021

Lot Size Square Feet

29,480

Waterfront

No

View

No

Sewer

Public Sanitation

Water Source

Public

New Construction

No

Public Records for 5921 Pierce St # 1-8, Hollywood, FL 33021

Parcel Number

514113021881

Tax Annual Amount

$31,781

Tax Year

2,025

Tax Legal Description

HOLLYWOOD BEACH GARDENS CORR PLAT 10-14 B LOT 25 BLK 18

Zoning

C-LP

County Or Parish

Broward County

Location