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1845 Pembroke Rd Unit 3-22, Hollywood, FL 33020

$163,000 · Active

MLS #A11973518

1845 Pembroke Rd Unit 3-22, Hollywood, FL 33020
Price
$163,000
Status
Active
Bedrooms
1
Bathrooms
1
Living area
440 sq ft
Home type
Condominium
Year built
1954
Full bathrooms
1
Half bathrooms
0
HOA
Yes
County
Broward County
Garage spaces
0
HOA fee
$338 · Monthly
Annual property taxes
$2,629
Subdivision
PEMBROKE ARMS CONDO APTS
Style
"Garden Apartment"
Appliances & Equipment
Appliances: Gas Range, Refrigerator
Bathrooms
Full Bathrooms: 1 · Bathrooms Total: 1
Bedrooms
Total Bedrooms: 1 · Features: Entry Level
Building
Living Area: 440 · Architectural Style: Garden Apartment · Construction Materials: Concrete Block Construction · Year Built: 1954 · Year Built Details: Resale · Building Area Total: 440 · Building Name: PEMBROKE ARMS CONDO APTS · Entry Level: 1 · Structure Type: Condo 1-4 Stories, Condo
Cooling
Cooling: Central Air
Exterior Features
Features: None
Floors
Flooring: Tile
Heating
Heating: Central
Home Owner's Association
Fee: $338 · Fee Frequency: Monthly · Amenities: None
Interior Features
Features: First Floor Entry
Laundry
Features: Common Area
Parking
Features: 1 Space
Property
Leasable Area Units: Square Feet · Property Attached · View · View: Other View
Middle school
Olsen
High school
South Broward

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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.

Courtesy of RE/MAX 5 Star Realty.

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Contact LPT Realty at (877) 366-2213 to ask about this home.