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Price: $169,000
MLS Number: A11973518
 Condo / Town Home
1845 Pembroke Rd Unit 3-22, Hollywood, Florida 33020 USA
 Beds: 1
 
 Baths: 1
 
 Living Area: 440
 Unit: 3-22
 
 HOA Fees: $338
 
 Year Built: 1954
 Community: PEMBROKE ARMS CONDO APTS
 
 Subdivision: PEMBROKE ARMS CONDO APTS
 Junior High: Olsen
 
 High School: South Broward
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About this Property
Investor Opportunity in the heart of Hollywood — Purchase One or All Three. 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.

About the Area
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of RE/MAX 5 Star Realty.

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