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.
For sale
Price cut: $6K (6/1)
$163,000
1845 Pembroke Rd APT 3-22, Hollywood, FL 33020
1beds
440sqft
:
Get pre-qualified$1,533/mo
Condominium
Built in 1954
-- sqft lot
$-- Zestimate®
$370/sqft
$338/mo HOA
What's special
- 166 days |
- 29 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Alejandro Bruno 954-673-7739,
RE/MAX 5 Star Realty
Source: MIAMI,MLS#: A11973518
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Range, Refrigerator
- Laundry: Common Area
Features
- Flooring: Tile
Interior area
- Total structure area: 440
- Total interior livable area: 440 sqft
Video & virtual tour
Property
Parking
- Parking features: 1 Space
Features
- Entry location: First Floor Entry
- Exterior features: None
- Has view: Yes
- View description: Other
Details
- Parcel number: 514222DC0220
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete Block Construction
Condition
- Year built: 1954
Community & HOA
Community
- Security: No Security
- Application fee: $150
- Subdivision: Pembroke Arms Condo Apts
HOA
- Has HOA: Yes
- Amenities included: None
- HOA fee: $338 monthly
Location
- Region: Hollywood
Financial & listing details
- Price per square foot: $370/sqft
- Tax assessed value: $133,500
- Annual tax amount: $2,629
- Date on market: 2/27/2026
- Listing terms: All Cash,Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Price change | $163,000-3.6%$370/sqft |
Source: | ||
| 2/27/2026 | Listed for sale | $169,000+141.4%$384/sqft |
Source: | ||
| 12/9/2025 | Listing removed | $1,400$3/sqft |
Source: | ||
| 11/14/2025 | Price change | $1,400-2%$3/sqft |
Source: | ||
| 11/3/2025 | Price change | $1,429-0.4%$3/sqft |
Source: | ||
| 10/2/2025 | Price change | $1,435-1%$3/sqft |
Source: | ||
| 9/22/2025 | Price change | $1,449-3.4%$3/sqft |
Source: | ||
| 9/4/2025 | Listed for rent | $1,500-3.2%$3/sqft |
Source: | ||
| 12/11/2024 | Listing removed | $1,549$4/sqft |
Source: | ||
| 12/9/2024 | Listed for rent | $1,549+3.3%$4/sqft |
Source: | ||
| 6/26/2024 | Listing removed | -- |
Source: | ||
| 6/17/2024 | Price change | $1,499-0.1%$3/sqft |
Source: | ||
| 5/28/2024 | Price change | $1,500-3.2%$3/sqft |
Source: | ||
| 5/22/2024 | Listed for rent | $1,549-3.1%$4/sqft |
Source: | ||
| 5/20/2024 | Listing removed | -- |
Source: | ||
| 5/13/2024 | Listed for rent | $1,599$4/sqft |
Source: | ||
| 4/30/2024 | Listing removed | -- |
Source: | ||
| 12/19/2023 | Listed for rent | $1,599$4/sqft |
Source: | ||
| 6/19/2023 | Listing removed | -- |
Source: | ||
| 6/16/2023 | Price change | $1,599-5.4%$4/sqft |
Source: | ||
| 6/14/2023 | Price change | $1,690+5.7%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/18/2023 | Price change | $1,599-5.4%$4/sqft |
Source: | ||
| 5/10/2023 | Listed for rent | $1,690+2.4%$4/sqft |
Source: | ||
| 6/21/2022 | Listing removed | -- |
Source: | ||
| 4/28/2022 | Listed for rent | $1,650$4/sqft |
Source: Zillow Rental Network_1 #A11195740 Report a problem | ||
| 12/14/2018 | Sold | $70,000+55.6%$159/sqft |
Source: Public Record Report a problem | ||
| 2/9/2004 | Sold | $45,000+150%$102/sqft |
Source: Public Record Report a problem | ||
| 12/8/1998 | Sold | $18,000-4.8%$41/sqft |
Source: Public Record Report a problem | ||
| 5/1/1981 | Sold | $18,909$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,629 +3.6% | $96,620 +10% |
| 2024 | $2,539 +8.7% | $87,840 +10% |
| 2023 | $2,335 +12.8% | $79,860 +10% |
| 2022 | $2,071 +21.8% | $72,600 +10% |
| 2021 | $1,699 -4% | $66,000 -5.3% |
| 2020 | $1,770 +6.6% | $69,690 +10% |
| 2019 | $1,660 | $63,360 +40.8% |
| 2018 | $1,660 +45.5% | $45,000 +31.3% |
| 2017 | $1,141 +13.5% | $34,260 +10% |
| 2016 | $1,005 +4% | $31,150 +10% |
| 2015 | $966 +19.1% | $28,320 +10% |
| 2014 | $811 | $25,750 -8.6% |
| 2013 | $811 +12.9% | $28,160 -1.5% |
| 2012 | $719 +1.1% | $28,600 -7.1% |
| 2011 | $711 +27.2% | $30,800 +75% |
| 2010 | $559 -55.7% | $17,600 -65.6% |
| 2009 | $1,260 -19% | $51,200 -26.1% |
| 2008 | $1,556 | $69,270 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Park Side
Nearby schools
GreatSchools rating
- 4/10Colbert Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 3/10Olsen Middle SchoolGrades: 6-8Distance: 2.7 mi
- 3/10South Broward High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Middle: Olsen
- High: South Broward
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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