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2743 Pierce St

0.52 Acres of Commercial Land Offered at $999,999 in Hollywood, FL 33020

INVESTMENT HIGHLIGHTS

  • Zoning for 9 Homes: Planned for a townhome development with luxury three-bedroom units.
  • Prime Location: Close to Fort Lauderdale Airport, Hollywood Beach, and major highways.
  • Economic Strength: Hollywood offers a vibrant mix of work, leisure, and residential appeal.
  • Airbnb Potential: Suitable for profitable short-term rental opportunities.
  • Desirable Area: Located between Miami and Fort Lauderdale, appealing to both tourists and locals.

EXECUTIVE SUMMARY

As the exclusive listing broker, Colliers is pleased to present 2743 Pierce Street, a premier development opportunity featuring a 0.47-acre lot zoned for 9 residential homes in the coveted area of Hollywood, Florida. Projected for a Townhome Development, the prospective purchaser can create high-end modern finishes and offer three-bedroom townhome units.
This project can take advantage of allowing Airbnb rentals, providing an excellent source of potential income. Given the property’s prime location, it is expected to attract a high volume of tourists and short-term rental seekers, leading to high occupancy rates. Strategically situated near Fort Lauderdale International Airport, I-95, Hollywood Beach, and Young Circle, these homes blend comfort, luxury, and prime location.
Hollywood’s status as a sought-after place for renters is firmly established. Located strategically between Miami and Fort Lauderdale, Hollywood exudes a dynamic city vibe, offering a blend of living, working, and leisure opportunities, with Young Circle at its heart. The city’s strong economic foundation and the promise of its changing demographics drive the area’s increasing appeal.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $999,999
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.52 AC

1 LOT AVAILABLE

Lot

Price $999,999
Price Per AC $1,923,075.00
Lot Size 0.52 AC

ZONING

Zoning Code RM-18 (Apartment building, duplex, single family, townhouse)
RM-18 (Apartment building, duplex, single family, townhouse)
  • Listing ID: 32286835

  • Date on Market: 6/28/2024

  • Last Updated:

  • Address: 2743 Pierce St, Hollywood, FL 33020

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