1845 Pembroke Rd # 22, Hollywood FL 33020 | Broward County | A11973518
- $163,000
- $163,000
Description
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.
Address
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Address: Pembroke Rd
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City: Hollywood
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State/county: Broward County
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Zip/Postal Code: 33020
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Area: PEMBROKE ARMS CONDO APTS
Details
Updated on June 1, 2026 at 3:00 pm-
Property ID A11973518
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Price $163,000
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Property Size 440 Square Feet
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Bedroom 1
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Bathroom 1
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Garage 0
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Year Built 1954
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Type Condominium
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Property Status Residential
Additional details
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ArchitecturalStyle Garden Apartment
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AssociationAmenities None
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AssociationFee 338
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AssociationFeeFrequency Monthly
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BathroomsFull 1
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BathroomsHalf 0
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BuildingAreaTotal 440
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BuildingAreaUnits Square Feet
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BuildingName PEMBROKE ARMS CONDO APTS
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CarportSpaces 0
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ConstructionMaterials Concrete Block Construction
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ContractStatusChangeDate 2026-02-27
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Cooling Central Air
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CoveredSpaces 0
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DaysOnMarket 94
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EntryLevel 1
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ExpirationDate 2026-09-30
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Flooring Tile
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Heating Central
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HighSchool South Broward
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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LaundryFeatures Common Area
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 954-673-7739
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ListingTerms All Cash, Conventional
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LotSizeSquareFeet 0
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MLSAreaMajor Pembroke Arms Condo Apts
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MajorChangeTimestamp June 1, 2026 at 03:31pm
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MajorChangeType Price Decrease
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MiddleOrJuniorSchool Olsen
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MlsStatus Active
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ModificationTimestamp June 1, 2026 at 03:31pm
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OnMarketDate 2026-02-27
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OriginalEntryTimestamp February 27, 2026 at 06:18pm
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OriginalListPrice 169000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 514222DC0220
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ParkingFeatures 1 Space
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PetsAllowed No
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PhotosChangeTimestamp February 27, 2026 at 06:23pm
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PhotosCount 11
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Possession Funding
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PostalCode 33020
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PostalCodePlus4 6328
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PreviousListPrice 169000
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PriceChangeTimestamp June 1, 2026 at 03:31pm
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PublicSurveyRange 51
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PublicSurveySection 22
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PublicSurveyTownship 51
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RoomsTotal 0
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SecurityFeatures No Security
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ShowingContactType Agent
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ShowingInstructions Call Listing Agent
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SourceSystemKey 432240916
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StateOrProvince FL
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StatusChangeTimestamp February 27, 2026 at 06:18pm
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StoriesTotal 1
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StreetName Pembroke Rd
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StreetNumber 1845
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StreetNumberNumeric 1845
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StructureType Condo 1-4 Stories, Condo
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SyndicationRemarks 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.
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TaxAnnualAmount 2629
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TaxLegalDescription PEMBROKE ARMS CONDO APTS INC UNIT 3-22 PER CDO BK/PG: 5509/851
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TaxYear 2025
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UnitNumber 3-22
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YearBuiltDetails Resale
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