Investor Opportunity in the heart of Hollywood — Purchase One or All Three.
Offered at $169,000 per unit or all three units for $500,000, 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.
Offered at $169,000 per unit or all three units for $500,000, 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 Details
Price:
$169,000
MLS #:
A11973518
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
PEMBROKE ARMS CONDO APTS
Neighborhood:
pembrokearmscondoapts
Listed Date:
Feb 27, 2026
Finished Sq Ft:
440
Total Sq Ft:
440
Year Built:
1954
See this Listing
Schools
Middle School:
Olsen
High School:
South Broward
Interior
Appliances
Gas Range, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Tile
Heating
Central
Laundry Features
Common Area
Exterior
Architectural Style
Garden Apartment
Association Amenities
None
Construction Materials
Concrete Block Construction
Exterior Features
None
Parking Features
1 Space
Security Features
No Security
Financial
HOA Fee
$338
HOA Frequency
Monthly
Tax Year
2025
Taxes
$2,629
Map
Community
- Address1845 Pembroke Rd # 22 Hollywood FL
- SubdivisionPEMBROKE ARMS CONDO APTS
- CityHollywood
- CountyBroward County
- Zip Code33020
Market Summary
Property Summary
- Located in the PEMBROKE ARMS CONDO APTS subdivision, 1845 Pembroke Rd # 22 Hollywood FL is a Condo for sale in Hollywood, FL, 33020. It is listed for $169,000 and features 1 beds, 1 baths, and has approximately 440 square feet of living space, and was originally constructed in 1954. The current price per square foot is $384. The average price per square foot for Condo listings in Hollywood is $464. The average listing price for Condo in Hollywood is $573,759.
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