1845 Pembroke Rd Unit 3-22, Hollywood, FL 33020
$163,000 · Active
MLS #A11973518
- Price
- $163,000
- Status
- Active
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 440 sq ft
- Home type
- Condominium
- Year built
- 1954
- Full bathrooms
- 1
- Half bathrooms
- 0
- HOA
- Yes
- County
- Broward County
- Garage spaces
- 0
- HOA fee
- $338 · Monthly
- Annual property taxes
- $2,629
- Subdivision
- PEMBROKE ARMS CONDO APTS
- Style
- "Garden Apartment"
- Appliances & Equipment
- Appliances: Gas Range, Refrigerator
- Bathrooms
- Full Bathrooms: 1 · Bathrooms Total: 1
- Bedrooms
- Total Bedrooms: 1 · Features: Entry Level
- Building
- Living Area: 440 · Architectural Style: Garden Apartment · Construction Materials: Concrete Block Construction · Year Built: 1954 · Year Built Details: Resale · Building Area Total: 440 · Building Name: PEMBROKE ARMS CONDO APTS · Entry Level: 1 · Structure Type: Condo 1-4 Stories, Condo
- Cooling
- Cooling: Central Air
- Exterior Features
- Features: None
- Floors
- Flooring: Tile
- Heating
- Heating: Central
- Home Owner's Association
- Fee: $338 · Fee Frequency: Monthly · Amenities: None
- Interior Features
- Features: First Floor Entry
- Laundry
- Features: Common Area
- Parking
- Features: 1 Space
- Property
- Leasable Area Units: Square Feet · Property Attached · View · View: Other View
- Middle school
- Olsen
- High school
- South Broward
About this home
Investor Opportunity in the heart of Hollywood — Purchase One or All Three. Offered at $163,000 per unit or all three units for $489,000, 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.
Courtesy of RE/MAX 5 Star Realty.
Schedule A Tour Get More Information On This HomeContact LPT Realty at (877) 366-2213 to ask about this home.