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Investor Opportunity in the heart of Hollywood "” Purchase One or All Three. Offered at $169,000 per unit or all three units for $500,000, 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.
| DAYS ON MARKET | 57 | LAST UPDATED | 2/27/2026 |
|---|---|---|---|
| TRACT | PEMBROKE ARMS CONDO APTS | YEAR BUILT | 1954 |
| COMMUNITY | 3050 | COUNTY | Broward |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Jr. High School | Olsen |
|---|---|
| High School | South Broward |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water |
| APPLIANCES | Gas Range, Refrigerator |
| AREA | 3050 |
| CONSTRUCTION | BLOCK |
| EXTERIOR | None |
| HEAT | CENTRAL |
| HOA DUES | 338 |
| INTERIOR | Master Downstairs |
| LOT | 0 |
| STORIES | 1 |
| STYLE | GardenApartment |
| SUBDIVISION | PEMBROKE ARMS CONDO APTS |
| TAXES | 2629 |
| VIEW | Yes |
| VIEW DESCRIPTION | Other |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with RE/MAX 5 Star Realty
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked. Data provided is deemed reliable but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
