For Sale: Prime Development Opportunity in the Heart of Hollywood

2511 Pierce St, Hollywood, FL 33020

  • For Sale $5,990,000
  • Property Type Other
  • Lot Size 0.47 Acre
  • Date Updated May 3, 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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Contacts

broker

Virgilio Fernandez

broker

Mitash Kripalani

broker

Alain Crego

Location

Getting Around

  • Walk Score ®

    66/100 Somewhat Walkable
  • Transit Score ®

    40/100 Some Transit
  • Bike Score ®

    55/100 Bikeable
Powered by Walk Score ®
  • 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

  • Papa John's

    0.86 miles

  • A La Turca

    0.89 miles

  • Shabo's Barbecue

    0.91 miles

  • McDonald's

    1.02 miles

  • Nina's Pizza

    1.02 miles

  • Boston Market

    1.03 miles

  • Jojos Ny Style Pizza

    1.16 miles

  • Taco Bell

    1.17 miles

  • Burgers & Shakes

    1.18 miles

  • Dunkin' Donuts

    1.22 miles

  • Hollywood Junior Academy

    0.20 miles

  • Sungate Academy

    0.40 miles

  • Saint Marks School

    0.45 miles

  • Developmental Resource Center Day School

    0.52 miles

  • Oakridge Elementary School

    0.62 miles

  • Delphi Academy

    0.79 miles

  • Little Flower School

    0.83 miles

  • ABC School

    0.92 miles

  • Chur-Lee Educational Day Care Center

    0.92 miles

  • First United Methodist Christian Day School

    0.99 miles

  • Learn & Smile Preschool

    4.29 miles

  • Saint Lawrence Child Care Center

    4.47 miles

  • Michael Ann Russell Jewish Community Day Care Center

    4.56 miles

  • Spirit of Christ Child Development Center

    4.63 miles

  • Sierra Norwood Child Development Center

    5.62 miles

  • Tiny Town Development Center

    5.88 miles

  • Small Fry Educational Center

    6.03 miles

  • Bailey Day Care Center

    6.07 miles

  • Fulford Christian Day Care

    6.17 miles

  • Brave Day Care Center

    6.20 miles

Frequently Asked Questions

What is the lease rate for For Sale: Prime Development Opportunity in the Heart of Hollywood?

Rental asking rate at For Sale: Prime Development Opportunity in the Heart of Hollywood is $2,995,000.00/YR.

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