List Search

1946 Pierce St
Hollywood, FL 33020 Royal Poinciana

$2,994,000 USD

Apartments For Sale  •  5,137 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,137 SF
  • Lot Size 0.25 AC
  • Building Class C
  • Year Built 1957
  • Cap Rate 7.01 %
  • Zoning ND-2
45 Transit Score
88 Walk Score

Highlights

Completely Renovated 2024 Multifamily Opportunity With Over a $1,000,000 In Capital Improvements
Modern-Influenced Design With Luxury Elements - All New Electrical & Plumbing Throughout
Some Exterior Improvements Include Hurricane-Impact Windows & Doors, New Central AC, and Roof
Interior Upgrades To All Units; Waterproof Vinyl Flooring, Quartz Countertops, Premium Kitchen Cabinets, 3-Way Shower System
The Property Sits In a Supreme Location In Walking Distance To Hollywood’s Renowned Young Circle
Located Between Dixie & Federal Hwy Providing Easy Access To Any Major Highway

Property Flyers

Financial Summary (Actual)

Net Operating Income: $209,760 USD (2024)
Cap Rate: 7.01 %
Total Expenses: $74,240 USD

Amenities

  • Air Conditioning
  • Courtyard
  • Laundry Facilities
  • Kitchen
  • Double Pane Windows

Public Transportation

Commuter RailDriveWalkDistance
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 4 min - 1.8 mi
Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 6 min - 2.5 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 12 min - 6.0 mi
Miami International 41 min - 24.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Bram Scolnick 954-302-6368 EAST COAST REALTY BROKERAGE (ECR BROKERAGE)
Bram Scolnick 954-302-6368 EAST COAST REALTY BROKERAGE (ECR BROKERAGE)