Condominium for sale
$163,000
1845 Pembroke Rd #22Hollywood, FL 33020
- 1 Beds
- 1 Baths
- 440 Sq ft
- 1954 Built
About this home
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 calculatorListing courtesy of RE/MAX 5 Star Realty · Alejandro Bruno. Listing last updated September 29, 2026 10:27 AM.