$163,000

1845 PEMBROKE RD #322, HOLLYWOOD, FL 33020

1 bed1 bath440 sq ftCondo or villaBuilt 1954
Updated today, November 3, 2026

This home against Hollywood

$370 per sq ft, 8% under the Hollywood median
251 days on the market
Price cut $6,000 since it was listed at $169,000
$2,629 in property taxes (2025)

Hollywood today: 1,478 homes for sale, median list price $499,000.

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.

Zoned schools

Elementary: Colbert Elementary School
Middle: Olsen Middle School
High: South Broward High School

From Broward County Public Schools attendance zones.

Near this home

Park: Waterview Park, 0.2 mi
Grocery: Save-A-Lot, 0.9 mi

Distances from the center of HOLLYWOOD.

Listing courtesy of RE/MAX 5 Star Realty. MLS# A11973518.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed February 25, 2026.

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