1845 Pembroke Road 322, Hollywood, FL 33020

1 bed · 1 bath · 440 sqft · Built 1954

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.

Property type

Condominium

Condition

Resale

Year built

1954

Stories

1

Subdivision

PEMBROKE ARMS CONDO APTS

Waterfront

No

Private pool

No

HOA (monthly)

$338

Parcel number

514222DC0220

Annual tax

$2,629

Hollywood spans Hollywood Beach's boardwalk to the Intracoastal east of US-1. East Hollywood holds historic cottages near the water; west sits closer to Pembroke Pines value.