11
  • Type
  • Condominium
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 0
  • Garage
  • 440 Sq Ft
  • 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.

Property Overview

This is a one-bedroom, one-bathroom condo unit located at 1845 Pembroke Road #22 in Hollywood, Florida. Built in 1954, the 440-square-foot space is part of the Pembroke Arms Condo Apts, a building that offers the opportunity to own one or all three available units within the same structure. The unit is currently occupied by a tenant, which means it could provide immediate income for an investor. The asking price for this individual unit is $163,000, with an HOA fee of $338. The owner is also offering all three units together for $489,000, creating a unique opportunity to control multiple units in a single building. This setup could be particularly appealing for those looking to consolidate assets or build a portfolio with a strategic long-term view. The property is situated in a prime area of Hollywood and sits on land with zoning that allows for increased building height. As the city continues to evolve, this could present future redevelopment potential, making this offering not just a current income generator, but also a position for future value.

Frequently Asked Questions

How many bedrooms and bathrooms are in the unit?

The unit features 1 bedroom and 1 full bathroom.

What is the square footage of the living area?

The unit has a living area of 440 square feet.

What is the HOA fee?

The monthly HOA fee is $338.

Are the units currently occupied?

Yes, all units are currently tenant-occupied and provide immediate income.

Is there an option to purchase more than one unit?

Yes, you can purchase one unit for $163,000 or all three units for $489,000.

What is the zoning potential for the property?

The property is located on land with favorable zoning that allows for increased building height, which could impact long-term redevelopment potential.

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: Pembroke Rd
  • City: Hollywood
  • State/county: Broward County
  • Zip/Postal Code: 33020
  • Area: PEMBROKE ARMS CONDO APTS

Details

Updated on August 6, 2026 at 2:48 am
  • Property ID A11973518
  • Price $163,000
  • Property Size 440 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathroom 1
  • Garage 0
  • Year Built 1954
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Tile
  • Bedroom Features Entry Level
  • Cooling Central Air
  • Association Type Condo
  • Building PEMBROKE ARMS CONDO APTS
  • Association Fee Frequency Monthly
  • Area Pembroke Arms Condo Apts
  • Annual Tax 2629
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Full Bathrooms 1
  • Subdivision PEMBROKE ARMS CONDO APTS
  • Total Stories 1
  • Restrictions Ok To Lease
  • Maintenance Includes Building Exterior, Landscaping/Lawn Maintenance, Laundry Facilities, Sewer, Trash Removal, Water
  • Amenities None
  • Parking 1 Space
  • Heating Central
  • Structure Type Condo 1-4 Stories, Condo
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Building Area 440
  • Covered Spaces 0
  • Middle School Olsen
  • Unit Floor 1
  • View Other View
  • Year Built Details Resale
  • High School South Broward
  • Pets Allowed No
  • Attached Yes
  • Unit Number 3-22
  • Half Bathrooms 0
  • Flood Zone X
  • New Construction No
  • Garage Spaces 0
  • Style Condo 1-4 Stories
  • Association Fee 338
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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