Condominium for sale in PEMBROKE ARMS CONDO APTS
Details
- List Price: $163,000
- Unit Number: 3-22
- Description: Condominium
- City: Hollywood
- Subdivision: PEMBROKE ARMS CONDO APTS
- Annual Tax: $2,629
- Association Fee: $338 Monthly
- County: Broward County
Description
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.
Features
Property Features
- Cooling: Central Air
- Heating: Central
- Flooring: Tile
- Appliances: Gas Range,Refrigerator
- Architectural Style: Garden Apartment
Additional Features
- Amenities: None
- Exterior Features: None
- View: Other View
- Parking: 1 Space
- Pets: No
- Interior Features: First Floor Entry
Fees, Maintenance & Taxes
- Tax Annual Amount: $0
- Association Fee: $0
- Association Fee Frequency: Monthly
School Information
- County: Broward County
- Middle School: Olsen
- High School: South Broward
Updated on Fri Feb 27, 2026, 6:18 pm
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