How much is 2531 Pierce Street?

2531 Pierce Street is listed at $629,750, which is about $437 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the property taxes on 2531 Pierce Street?

The listing reports annual property taxes of $9,667 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 2531 Pierce Street built?

2531 Pierce Street was built in 1949 and the listing describes its condition as . Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 2531 Pierce Street been on the market?

2531 Pierce Street has been listed for 114 days, and the asking price has been reduced from $697,500. Days on market and price changes are the first signals of how much room there is to negotiate.

Which schools serve 2531 Pierce Street?

The MLS lists Oakridge (elementary), Olsen (middle), South Broward (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

How do I see 2531 Pierce Street?

Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

2531 Pierce Street, Hollywood, FL 33020

$629,750 · Active

0 baths
1,440 sq ft
Duplex
Built 1949
Lot 15,246 sq ft
MLS# B26036914
Hollywood Little Ranches

IMG_2979 2 at 2531 Pierce Street, Hollywood

Z1 copy at 2531 Pierce Street, Hollywood

IMG_2961 at 2531 Pierce Street, Hollywood

Z3 copy at 2531 Pierce Street, Hollywood

About this home

Rare opportunity to acquire an income producing 3/2 home (w/in-law suite) & additional development capacity, walking distance from schools, library, parks & Downtown Hollywood, at over 30% below market value. Lots of new development nearby. Investors & developers have increasingly turned their attention to this area, recognizing its long term potential. This property should not be viewed solely as a single family home or solely as a land play; the true value is in both. The existing 3 bedroom 2 bathroom home can remain in place and continue generating income while 8 additional units are developed on the same lot, for a total of 9 units, without tearing down the current structure. All of the additional 8 units can be ~760 square foot 2 bedroom apartments. The included site plan shows viable layout, parking & access. A formal Pre-Application Consultation (PAC) meeting with the city has been held; representatives from every relevant discipline were present (planning, zoning, engineering, landscape, fire, etc) and they confirmed the site plan is feasible & compliant with current zoning & regulations. Sold land comps: $50k per (mostly 1 bedroom) unit. Active land comps: $58k-$101k per (mostly 1 bedroom) unit. Two bedroom units generally rent for around 30% more than one bedroom units; land buildable for two bedroom units is generally valued around 30% more than land buildable for one bedroom units. 3/2 house comps: $499k-$679k active, $410k-$580k sold. Subject property is a 3/2 house + 8 (2 bedroom) units of buildable land; market value ~$900k. 2 bed rents:$1.8k-$2.5k/mo. 3 bed rents:$3k-$3.8k/mo. Build cost:~$1.3M-$1.5M. All in:~$2M. Projected value:$3M+ = ~$1M instant equity. Potential ~10% cap. Seller will finance. Property is in a Qualified Opportunity Zone, which offers the potential for major tax benefits including deferring taxes, reducing capital gains taxes, and potentially paying no tax at all on the profit when you sell the property; consult tax professional for details and eligibility. See photos & attachments for details on location, plans, and comps. Call listing agent for more information.

Features

Awning(s)
Lighting
Other
Storage

Schools

Elementary: Oakridge
Middle: Olsen
High: South Broward

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

United Realty Group Inc. · Listing agent: Michael J Sheer

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 2531 Pierce Street.

Questions About 2531 Pierce Street

How much is 2531 Pierce Street?: 2531 Pierce Street is listed at $629,750, which is about $437 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 2531 Pierce Street?: The listing reports annual property taxes of $9,667 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 2531 Pierce Street built?: 2531 Pierce Street was built in 1949 and the listing describes its condition as . Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 2531 Pierce Street been on the market?: 2531 Pierce Street has been listed for 114 days, and the asking price has been reduced from $697,500. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 2531 Pierce Street?: The MLS lists Oakridge (elementary), Olsen (middle), South Broward (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 2531 Pierce Street?: Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The home at 2033 Dewey Street, Hollywood, FL 33020 is comparable and listed for sale at $639,000. Another comparable home, 1706 Arthur Street, Hollywood, FL 33020, sold for $700,000 in September 2026. Other Hollywood neighborhoods include Orangebrook and Driftwood. Nearby ZIP codes include 33019 and 33021. This property also neighbors Aventura, Sunny Isles Beach, and Davie. Compare it with the Hollywood housing market report.