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1845 Pembroke Road 322, Hollywood, FL 33020

Hollywood, FL, 33020 · PEMBROKE ARMS CONDO APTS

$163,000

1 bd · 1 ba · 440 sqft

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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.

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Listing courtesy of RE/MAX 5 Star Realty · Alejandro Bruno

Listing information is provided by BeachesMLS via the Spark Platform. All information is deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information.

Last updated 2026-06-01