Condominium for sale

$163,000

1845 Pembroke Rd #22Hollywood, FL 33020

  • 1 Beds
  • 1 Baths
  • 440 Sq ft
  • 1954 Built

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.

Details

MLS #
A11973518
Property type
Condominium
Status
Active
Days on market
214
Neighborhood
PEMBROKE ARMS CONDO APTS
County
Broward County
HOA / association fee
$338 monthly
Property taxes
$2,629 (2025)
Waterfront
No
Private pool
No
View
Other View
Cooling
Central Air
Interior features
First Floor Entry
Appliances
Gas Range, Refrigerator

Location

Estimated payment

$1,381/mo with 20% down at 6.5% for 30 years, including taxes and HOA, before insurance.

Adjust in the mortgage calculator

Listing courtesy of RE/MAX 5 Star Realty · Alejandro Bruno. Listing last updated September 29, 2026 10:27 AM.

REALTOR® and MLS logo

The multiple listing information is provided by the MIAMI Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 MIAMI Association of REALTORS®. All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated October 30, 2026 6:45 AM.

Like a property?

Call or text Edward Ferenczi at 786-556-6446

Buying Florida real estate has never been easier.