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+12 photosLuxury home — 1938 Pierce Street · Hollywood · Hollywood
$485,000
1938 Pierce Street, Hollywood, FL 33020
Hollywood, FL, 33020
— bd · — ba · 1,049 sqft
Listed by United Realty Group Inc
1938 Pierce Street, Hollywood, FL 33020
Listed by United Realty Group Inc
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Estimated monthly payment
$3,596/mo
Income & expenses
2 unitsIncome and operating expenses: Not provided — Ask Simon for the seller's rent roll and operating statement. No return calculation available.
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $3,596/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: X · verify insurance quotes before buying.
About this home
Find similar homesGreat Location legal duplex opportunity in the heart of Downtown Hollywood offering flexibility for investors, owner-users, and future redevelopment potential. Zoned ND /Multifamily. Great potential to rebuild or rent out existing and build on the vacant land. The property features 2 x1 bed 1 baths currently rented for $2800/m total. Centrally located within the rapidly evolving Hollywood East and a walk to Young Circle. Hollywood, beaches, US-1, I-95, Fort Lauderdale Airport, shopping, dining, and entertainment are minutes away. The property is situated on a 5454sf lot, In the sought-after Royal Poinciana area of Downtown Hollywood. Ideal for investors seeking immediate flow and the ability to build more units subject to City planning and permits., or buyers looking to occupy one portion while generating supplemental rental income. Excellent opportunity in a high-demand area experiencing continued growth and redevelopment. Buyer to independently verify zoning, use, dimensions, and future development potential. Please contact agent for more information. Great Location legal duplex opportunity in the heart of Downtown Hollywood offering flexibility for investors, owner-users, and future redevelopment potential. Zoned ND & /Multifamily
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 7%
The seller has come down from $520,000 to $485,000 — a $35,000 reduction since it came on the market.
144 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
≈ $3,596/mo
1938 Pierce Street, Hollywood, FL 33020 · Hollywood
Location
1938 Pierce Street, Hollywood, FL 33020
What buyers ask about this home
What are the estimated monthly carrying costs at 1938 Pierce Street, Hollywood, FL 33020?+
Property tax (after sale): $845/month est.; homeowners insurance: $235/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $1,080/month est. Principal and interest: $2,517/month; PMI: $0/month. Total for the payment scenario shown: $3,596/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1938 Pierce Street, Hollywood, FL 33020?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1938 Pierce Street, Hollywood, FL 33020 need flood insurance, and what drives the premium?+
Most of Hollywood sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 1938 Pierce Street, Hollywood, FL 33020?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 1938 Pierce Street, Hollywood, FL 33020?+
This listing has been on the market 144 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Hollywood, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Zone boundaries published by Broward County Public Schools.
Other options for this address
Hollywood Academy Of Arts And Science Middle School
Middle school · Charter · Grades 6–8 · Hollywood
Championship Academy Of Distinction Middle School
Middle school · Charter · Grades 6–8 · Hollywood
Guidepost Montessori At Hollywood Beach
Pre-K & Kindergarten · Private · Grades PK–12 · Hollywood
Guidepost Montessori At Hollywood Beach
Pre-K & Kindergarten · Private · Grades PK–12 · Hollywood
Mati Talent Institute Private School
Pre-K & Kindergarten · Private · Grades PK–12 · Hallandale Beach
Sheridan Hills Christian School
Pre-K & Kindergarten · Private · Christian · Grades PK–12 · Hollywood
Aukela Christian Military Academy
Pre-K & Kindergarten · Private · Christian · Grades K–12 · West Park
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Simon Gedz
Realtor® since 1995
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