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$360,000
2425 Pierce Street
Hollywood, FL 33020
MLS# A11040280
Status: Closed
1322 sqft


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Property Description
Investment opportunity with potential 7-8% CAP. Two separate houses on a 10,261 sq ft lot. First house 2/1, second house 1/1. Two separate meters for each building. Two central ACs. Roof is replaced, permits are closed. Both houses are freshly painted. All utilities are paid by the tenants. The front house leased for $1550, lease to expire on August 31, 2021. Tenant in place for already 4 years and willing to extend. The second house just freshly painted and can be easily converted into two bedrooms, leased for $1300, till July 27th, 2021, tenant willing to extend. High-demand rental area. Close to all major roads, downtown, and the beach. Expenses include the following: property taxes, insurance, lawn maintenance. 3D tour is available. Property to be sold AS iS.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2021-05-11
Status: Closed
Original List Price: 390000
Sold Price: $360,000
Current Price: $360,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Hollywood
Postal Zip: 33020
Geographic Area: HWEA - Hollywood East (3010-3050)
Subdivision Number: 1
Flood Zone: X
Country: United States
Street Number: 2425
Street Name: Pierce
Street Suffix: Street
State Or Province: FL
Postal Code: 33020
Postal Code +4: 4309
Subdivision Name: HOLLYWOOD LITTLE RANCHES
Area: 3050
Parcel Number: 514216015170
Zoning: Residential
General Property Information
Living Area Main: 1250
Parking Total: 4
Stories Total: 1
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 1322
Year Built: 1952
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2021-06-30T10:32:18Z
Major Change Type: Status Change
Price Change Timestamp: 2021-05-12T17:05:34Z
Status Change Date: 2021-07-01
Under Contract Date: 2021-06-28
Close Date: 2021-06-30
Close Price: 360000
Flooring
Parquet: 1
Tile: 1
Property Condition
Resale: 1
Documents Available
Copy Of Lease(s): 1
Structure Type
Duplex: 1
Possession
Negotiable: 1
Utilities
Cable Available: 1
Sewer Available: 1
Heating
Central: 1
Separate Meters: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Shingle: 1
Other: 1
Cooling
Central Air: 1
Tax Information
City/County: 1
Contingencies
None: 1
Buyer Details
Intended Use: Investment
Buyer State: Florida
Zip Code: 33009
Concessions
Seller Concessions: No
Price Calculations
Current Price To SqFt: 288
Section Details
Parcel Number MLX: 5170
Financial Information
Tax Annual Amount: 5453
Tax Year: 2020
Tax Legal Description: HOLLYWOOD LITTLE RANCHES 1-26 B LOT 4 E1/2 BLK 14
Originating Details
Originating System Key: 358657553
Originating System ID: M00000151
Property Features
Documents Available: Copy Of Lease(s)
Flooring: Parquet; Tile
Property Condition: Resale
Structure Type: Duplex
Construction Materials: CBS
Cooling: Central Air
Heating: Central; Separate Meters
Listing Terms: Cash; Conventional
Possession: Negotiable
Roof: Shingle; Other
Tax Information: City/County
Utilities: Cable Available; Sewer Available
Contingencies: None

IDX
Listing Office: Miami Investment Realty, LLC.

Last Updated: August - 11 - 2026

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