11
  • Type
  • Condominium
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 0
  • Garage
  • 440 Square Feet
  • Area Size
1845 Pembroke Rd # 22, Hollywood FL 33020 | Broward County | A11973518
  • $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: Pembroke Rd
  • City: Hollywood
  • State/county: Broward County
  • Zip/Postal Code: 33020
  • Area: PEMBROKE ARMS CONDO APTS

Details

Updated on June 1, 2026 at 3:00 pm
  • Property ID A11973518
  • Price $163,000
  • Property Size 440 Square Feet
  • Bedroom 1
  • Bathroom 1
  • Garage 0
  • Year Built 1954
  • Type Condominium
  • Property Status Residential

Additional details

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

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Christopher Lazaro

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