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Homes for sale in Hollywood
Condominium

1845 Pembroke Rd # 22

Hollywood, FL 33020
$163,000
Beds
1
Baths
1
Sq ft
440
Year built
1954
Price per sq ft
$370

Listing courtesy of Alejandro Bruno, RE/MAX 5 Star Realty

About this home

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.

Details

Property

Type
Condominium
Style
Garden Apartment
Building
Condo 1-4 Stories
Year built
1954
Stories
1
Building name
PEMBROKE ARMS CONDO APTS
Subdivision
PEMBROKE ARMS CONDO APTS
County
Broward County
View
Other View
Flood zone
X

Interior

Appliances
Gas Range, Refrigerator
Flooring
Tile
Cooling
Central Air
Heating
Central
Laundry
Common Area
Features
First Floor Entry

Exterior and parking

Parking
1 Space
Construction
Concrete Block Construction

Community and fees

Association fee
$338 monthly
Maintenance includes
Building Exterior, Landscaping/Lawn Maintenance, Laundry Facilities, Sewer, Trash Removal, Water
Security
No Security
Pets
No
Annual taxes
$2,629
Terms
All Cash, Conventional
Minimum lease (days)
365

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 29, 2026.