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.
Property Overview
Frequently Asked Questions
How many bedrooms and bathrooms are in the unit?
What is the square footage of the living area?
What is the HOA fee?
Are the units currently occupied?
Is there an option to purchase more than one unit?
What is the zoning potential for the property?
Monthly Fees & Carrying Costs
| Association Fee | $338 / month |
| Total Monthly Fees | $338 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
Have a question about this Hollywood listing?
Talk directly with Christopher Lazaro, your Hollywood real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
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 September 26, 2026 at 5:41 pm-
Property ID A11973518
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Price $163,000
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Property Size 440 Sq Ft
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Bedroom 1
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Room 0
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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 Active, Residential
Additional details
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View Other View
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Cooling Central Air
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Heating Central
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Tax Year 2025
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Flooring Tile
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Unit Floor 1
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High School South Broward
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Unit Number 3-22
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Building PEMBROKE ARMS CONDO APTS
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Garage Spaces 0
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Listing Terms All Cash, Conventional
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Area Pembroke Arms Condo Apts
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Total Stories 1
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Waterfront No
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Association Yes
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Full Bathrooms 1
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Half Bathrooms 0
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Covered Spaces 0
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Style Condo 1-4 Stories
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Private Pool No
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Structure Type Condo 1-4 Stories, Condo
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Association Fee 338
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Parking 1 Space
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Subdivision PEMBROKE ARMS CONDO APTS
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Annual Tax 2629
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Year Built Details Resale
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Building Area 440
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Lot Size (Sq Ft) 0
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Flood Zone X
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New Construction No
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Attached Yes
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Bedroom Features Entry Level
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Amenities None
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Restrictions Ok To Lease
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Middle School Olsen
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Construction Concrete Block Construction
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Pets Allowed No
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Association Fee Frequency Monthly
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Association Type Condo
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Maintenance Includes Building Exterior, Landscaping/Lawn Maintenance, Laundry Facilities, Sewer, Trash Removal, Water
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Membership Purchase Required No
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