NOT LISTED FOR SALE

2631 Pierce St Unit 1-4 Hollywood, FL 33020

North Central Hollywood Neighborhood

Estimated Value: $818,000 - $888,644

4 Beds
6 Baths
3,926 Sq Ft
$217/Sq Ft Est. Value

Last Sold October 28, 2015

Last sale price $385,000 $98 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $5,748/month

61 Days on Market

Highlights

  • In Ground Pool
  • Cooling System Mounted To A Wall/Window
  • Brick Front
  • No HOA
  • Terrazzo Flooring
  • Heating Available

About This Home

As of October 2015

INVESTOR OPPORTUNITY. PRICED TO SELL FAST. 10.7% Cap.Rate! Amazing 4 units Multifamily!. ALL UNITS ARE CURRENTLY RENTED w/well known and good tenants, and in really good conditions. Parking for all, fenced pool area, big & beautiful back & front yards fo r the tenants to enjoy in family. STEPS FROM HOLLYWOOD BLVD and TAFT ST, close to schools, shopping centers, city library, and night only Hollywood offers. CITY ALLOWS TO BUILD 4 MORE UNITS IN THAT LOT! DON'T MISS IT!

Last Agent to Sell the Property

Chris ferreyra

EXP Realty LLC License #3276938 Listed on: 08/11/2015

EXP Realty LLC

Last Buyer's Agent

Monique Herzstein

Grand Realty of America, Corp. License #3215799

Grand Realty of America, Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,133

Year Built

  • Built in 1958

Lot Details

  • 0.47

Parking

  • 5 Parking Spaces

Home Design

  • Quadruplex
  • Frame Construction
  • Flat Roof with Façade front
  • Brick Front

Interior Spaces

  • 3,926 Sq Ft Home
  • 1-Story Property

Flooring

  • Concrete
  • Terrazzo
  • Ceramic Tile

Pool

  • In Ground Pool
  • Fiberglass Pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Hollywood Little Ranches Condos
  • Hollywood Little Ranches Subdivision

Listing and Financial Details

  • Rent includes gardener, pest control, sewer
  • Assessor Parcel Number 514216024790

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,133

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Property Sub Type: Quadruplex
  • Architectural Style: Ranch
  • Directions: FROM I-95, TAKE HOLLYWOOD BLVD EAST, TURN NORTH ON N 26TH AVE, AND THEN WEST ON PIERCE ST. IT'S THE 5TH PROPERTY ON YOUR RIGHT HAND SIDE.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: HOLLYWOOD LITTLE RANCHES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor, Concrete, Terrazzo
  • Living Area: 3926
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Construction Type: Brick, Frame
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Features: In Ground, Fiberglass
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD LITTLE RANCHES
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514216024790
  • Zoning: RMCRA-12
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Pest Control, Sewer

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 7133

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2022
Sold by
Fontenay Llc
Bought by
Bedb Investments Inc
Current Estimated Value
$853,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$542,252
Interest Rate
6.02%
Mortgage Type
Balloon
Estimated Equity
$311,070

Purchase Details

Listed on
Aug 11, 2015
Closed on
Oct 28, 2015
Sold by
Pierce Homes Llc
Bought by
Fontenay Llc
Seller's Agent
Chris ferreyra
EXP Realty LLC
Buyer's Agent
Monique Herzstein
Grand Realty of America, Corp.
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%

Purchase Details

Closed on
Sep 12, 2005
Sold by
Locadia Otilio and Locadia Carmel
Bought by
Pierce Homes Llc

Purchase Details

Closed on
Jul 1, 1991
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bedb Investments Inc $775,000 --
Fontenay Llc $385,000 Attorney
Pierce Homes Llc $630,000 Celebrity Title Inc
Available Not $137,143 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bedb Investments Inc $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2015 10/28/15 Sold $385,000 0.0% $98 / Sq Ft
10/11/2015 10/11/15 Pending -- -- --
08/11/2015 08/11/15 For Sale $385,000 -- $98 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,374 $731,420 $184,740 $480,190
2024 $14,545 $664,930 $184,740 $480,190
2023 $14,545 $624,470 $184,740 $439,730
2022 $12,647 $541,730 $0 $0
2021 $11,773 $492,490 $0 $0
2020 $10,889 $460,720 $184,740 $275,980
2019 $10,764 $484,820 $184,740 $300,080
2018 $10,254 $470,390 $184,740 $285,650
2017 $10,060 $429,710 $0 $0
2016 $9,286 $390,650 $0 $0
2015 $7,536 $281,330 $0 $0
2014 $7,133 $255,760 $0 $0
2013 -- $232,510 $184,740 $47,770
Source: Public Records

Agents Affiliated with this Home

  • Chris ferreyra

    Seller's Agent in 2015

    Chris ferreyra

    EXP Realty LLC

    (786) 355-1449

    29 Total Sales

    Chris ferreyra
    Section Image

  • M

    Buyer's Agent in 2015

    Monique Herzstein

    Grand Realty of America, Corp.

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2158483

MIAMI REALTORS® MLS

APN: 51-42-16-02-4790

Florida Broward County Hollywood 33020 North Central Hollywood

2631 Pierce St Unit 1-4, Hollywood, FL

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