Sold for $870,000

$870,000

2742 Pierce St, Hollywood, FL 33020

7beds

4baths

3,550sqft

Quadruplex

Built in 1940

-- sqft lot

$-- Zestimate^®

$245/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

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What's special

Totally renovated, legal fourplex set up as follows: Unit 1, 2/1 making $2,250 per month, Unit 2, 2/1 making $2,250 per month, Unit 3, 2/1 making $2,250 per month, Unit 4, making $1,350 per month. Total income is $8,100 per month or $97,200 per year. This is almost a 10% cap rate on current numbers, east of I-95 near downtown Hollywood! Tenants pay for all utilities. No owner expenses except prop taxes, lawn ($200) and water ($300). All leases are annual with a 30 day landlord option to increase rent or vacate. 2 meters. Roof has 10 years left. New AC's. Wholesale financing available DSCR, no income check with 20% down.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4

Heating

Central

Cooling

Central Air

Features

Flooring: Ceramic Tile, Tile

Interior area

Total structure area: 4,418
Total interior livable area: 3,550 sqft

Property

Parking

Total spaces: 8

Features

Stories: 1

Lot

Features: Less Than 1/4 Acre Lot

Details

Parcel number: 514216024580
Zoning: RM-18

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

CBS Construction
Roof: Shingle

Condition

Completely Renovated,Updated/Remodeled
Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Municipal Water

Community & HOA

Community

Subdivision: Hollywood Little Ranches

HOA

Has HOA: No

Location

Region: Hollywood

Financial & listing details

Price per square foot: $245/sqft
Tax assessed value: $756,900
Annual tax amount: $7,169
Date on market: 7/25/2024
Listing terms: All Cash,Conventional,FHA,VA Loan
Total actual rent: 97200

Price history

Date	Event	Price
11/6/2024	Sold	$870,000-3.2%$245/sqft
Source: MIAMI #A11630042 Report a problem
10/12/2024	Contingent	$899,000$253/sqft
Source: MIAMI #A11630042 Report a problem
7/25/2024	Listed for sale	$899,000+71.2%$253/sqft
Source: MIAMI #A11630042 Report a problem
5/13/2024	Sold	$525,000-12.1%$148/sqft
Source: MIAMI #A11525488 Report a problem
4/11/2024	Contingent	$597,000$168/sqft
Source: MIAMI #A11525488 Report a problem
4/2/2024	Price change	$597,000-0.2%$168/sqft
Source: MIAMI #A11525488 Report a problem
3/18/2024	Price change	$598,000-0.2%$168/sqft
Source: MIAMI #A11525488 Report a problem
2/28/2024	Price change	$599,000-3.2%$169/sqft
Source: MIAMI #A11525488 Report a problem
2/15/2024	Price change	$619,000-1.6%$174/sqft
Source: MIAMI #A11525488 Report a problem
2/1/2024	Listed for sale	$629,000$177/sqft
Source: MIAMI #A11525488 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$16,526 +96.3%	$756,900 +194.5%
2024	$8,420 +17.5%	$257,040 +10%
2023	$7,169 +14.9%	$233,680 +10%
2022	$6,238 +14.4%	$212,440 +10%
2021	$5,452 +6.7%	$193,130 +10%
2020	$5,110 +5.1%	$175,580 +10%
2019	$4,864	$159,620 -42.6%
2018	$4,864 +9.8%	$278,070 +110.8%
2017	$4,429 +18.1%	$131,920 +10%
2016	$3,750 +9.9%	$119,930 +10%
2015	$3,413 +28.7%	$109,030 +10%
2014	$2,652	$99,120 +10%
2013	$2,652 +19.7%	$90,110 +9.4%
2012	$2,216 -5.4%	$82,350 -5.5%
2011	$2,343 -24.6%	$87,100 -29.1%
2010	$3,108 -7.2%	$122,800 -12.8%
2009	$3,348 -17.2%	$140,860 -23.1%
2008	$4,042 -18.3%	$183,060 -18.5%
2007	$4,949 +2.1%	$224,520 +13.7%
2006	$4,846 +43.1%	$197,420 +53.9%
2004	$3,386 +19.8%	$128,290 +23.4%
2003	$2,825	$103,980