For Sale: Prime Development Opportunity in the Heart of Hollywood

For Sale

2511 Pierce St, Hollywood, FL 33020

This Hollywood property for sale is located at 2511 Pierce St. The current listed sale price for For Sale: Prime Development Opportunity in the Heart of Hollywood is $5,990,000. For Sale: Prime Development Opportunity in the Heart of Hollywood is situated on a lot that is 0.47 acre in size.

Contacts

broker

Virgilio Fernandez

broker

Mitash Kripalani

broker

Alain Crego

Property Details

  • Property Type Other
  • Lot Size 0.47 Acre
  • Date Updated May 4, 2024

As the exclusive listing broker, Colliers is pleased to present a premier investment opportunity that involves eight brand-new luxury townhomes, located in the coveted area of Hollywood, Florida. Projected for completion by fall 2024, these distinctive, brand-new townhomes are designed with high-end modern finishes and offer three bedrooms, 2.5 baths, a garage, and outdoor spaces. Situated strategically near Fort Lauderdale International Airport, I-95, Hollywood Beach, and the Young Circle, these homes blend comfort, luxury, and prime location. 

This project has the distinct advantage of allowing Airbnb rentals, providing an excellent source of potential income. Given the property’s prime location, it is expected to attract a high volume of tourists and short-term rental seekers, which would lead to high occupancy rates. The complete project, which includes all eight townhomes, is priced at $7.2 million. A payment schedule based on construction progress has been set, starting with a 30% deposit upon signing and ending with the final payment upon the issuance of the certificate of occupancy.

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Getting around

  • 66/100

    Walk Score ®

  • 40/100

    Transit Score ®

  • 55/100

    Bike Score ®

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Location

  • City Hollywood, FL
  • Neighborhood North Central Hollywood
  • Zip Code 33020
  • Market Fort Lauderdale

Points of Interest

  • Hollywood

    0.69 miles

  • Sheridan Street

    1.26 miles

  • Fort Lauderdale Airport

    3.17 miles

  • River House

    7.07 miles

  • Esplanade Park

    7.17 miles

  • Fort Lauderdale

    7.21 miles

  • Fort Lauderdale

    7.48 miles

  • Golden Glades

    7.53 miles

  • Shell

    0.38 miles

  • BP

    1.07 miles

  • Cumberland

    1.16 miles

  • Chevron

    1.20 miles

  • Marathon

    1.21 miles

  • Shell

    1.32 miles

  • Chevron

    1.38 miles

  • Shell

    1.42 miles

  • Shell

    1.45 miles

  • Exxon

    1.49 miles

  • Hollywood Park and Ride

    0.71 miles

  • Sheridan Square

    1.85 miles

  • Home Depot

    3.34 miles

  • Palm Garage

    3.90 miles

  • Hibiscus Garage

    3.94 miles

  • Cypress Garage

    3.98 miles

  • Cell Phone Waiting Lot

    4.08 miles

  • Parking Lot B

    4.68 miles

  • Park 'N Fly

    4.68 miles

  • Parking Lot C

    4.80 miles

  • Lubo

    0.49 miles

  • Ramada by Wyndham Hollywood Downtown

    0.82 miles

  • Rodeway Inn near Hollywood Beach

    0.94 miles

  • Econo Lodge

    1.17 miles

  • Days Inn Fort Lauderdale - Hollywood / Airport South

    1.36 miles

  • Holiday Inn Ft. Lauderdale-Airport

    1.36 miles

  • Shell Motel

    1.40 miles

  • La Quinta Inn & Suites by Wyndham Ft. Lauderdale Airport

    1.49 miles

  • Palms Inn

    1.65 miles

  • Deluxe Inn

    1.71 miles

  • Publix

    1.01 miles

  • Hollywood Hills Plaza

    1.04 miles

  • Young Circle Shopping Center

    1.08 miles

  • Target

    1.10 miles

  • Save-A-Lot

    1.22 miles

  • World Market & Café

    1.45 miles

  • Europa Gourmet

    1.50 miles

  • Publix

    1.55 miles

  • Walmart Neighborhood Market

    1.85 miles

  • Marshalls

    1.88 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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