by RH Advisors

See Home Value
$1,750,000
Land - Off Market

2306 Pierce St

Hollywood, FL 33020
bedrooms
Studio
bathrooms
0 Bath
$9,189
Estimated Monthly
0.52%
Cap Rate

About This Property

Rare opportunity to acquire a multifamily development opportunity with Architectural Plans.

Designed by architect, Joseph Kaller & Associates, Inc.

**FOLIO: 10 & 20 TO BE SOLD TOGETHER. Project is a planned & amenitized apartment building location just a few blocks from the Hollywood Downtown Entertainment District.
Unit Size
-
Days on Market
-
Land Size
0.47 acres
Price per sqft
-
Property Type
Land
Property Taxes
$596
HOA Dues
-
Year Built
1954
Last updated: 2 months ago (Miami MLS #A11347867)

Price History

Date / Event Date Event Price
Apr 17, 2024 No longer available -
No longer available
Aug 2, 2023 Price Increased $1,600,000
↑ $750K (88.2%)
Price Increased
Jun 30, 2023 Price Decreased $850,000
↓ $1M (54.1%)
Price Decreased
Jun 22, 2023 Price Decreased $1,850,000
↓ $150K (7.5%)
Price Decreased
Apr 19, 2023 Listed by KPI International Realty LLC $2,000,000
Listed by KPI International Realty LLC
Approved Site Plan for 28 units! Rare opportunity to acquire a multifamily development project designed by architect, Joseph Kaller & Associates, Inc. **FOLIO: 514216014210 & 514216014220 TO BE SOLD TOGETHER. Project is a planned & amenitized apartment building located just a few blocks from the Hollywood Downtown Entertainment District. The proposed development calls for 28 units in one four-story building totaling 41,360sf±, situated on a 20,500± square foot lot zone DR-2…
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Property Highlights

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Carport
  • Garage Square Area: 284
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,251
  • Lot Size Frontage Feet: 613
  • Total Building Area: 1,508
  • Gross Building Area: 1,508
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOLLYWOOD LITTLE RANCHES 1-26 B
  • Land Acres: 0.235
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOLLYWOOD LITTLE RANCHES 1-26 B LOT 16 W1/2 BLK 10

Ownership

  • Current Owner : 2302 2306 PIERCE STREET LLC
  • Previous Owner : EVIA PROPERTIES LLC
  • Owner Before Previous Owner: ANAVIKA ESTATES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 090403

Zoning

  • Zoning: DH-2

Geography

  • District: 0513
  • Parcel: 51-42-16-01-4220
  • Block: 10
  • Lot: 16
  • Meridian: SEC 16 TWN 51S RNG 42E
  • Municipality: HOLLYWOOD
  • Latitude: 26.016
  • Longitude: -80.1532

    Address

  • Full Address: 2306 Pierce St
  • Address - House Number: 2306
  • Address - Street Name: Pierce
  • Address - Suffix Type: St
  • State: FL
  • City Name: Hollywood
  • Carrier Code: C027
  • 4-Digit Zip Code: 4416
  • Zip Code: 33020

Valuation

    Tax

  • Total Area: 1,232
  • Tax Year: 2023
  • Tax Amount: $8,037
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 0513

    Appraisal Valuation

  • Standard Deviation: 0.1969
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 505,076
  • High Value: 604,558
  • Low Value: 405,594

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $767,400
  • First Open Lien Mortgage Lender: PRINCESA PROPERTIES
  • First Open Lien Mortgage Recording Date: Dec 29, 2021
  • First Open Lien Mortgage Loan Amount: $767,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $369,920
  • Market Land Value: $61,510
  • Market Improvement Value: $308,410

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $369,920
  • Assessed Land Value: $61,510
  • Assessed Improvements Value: $308,410

    Sales

  • Current Sale Contract Date: Dec 21, 2021
  • Current Sale Recording Date: Dec 29, 2021
  • Current Sale Transaction ID: 11876010416
  • Current Sale Price: $1,279,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 117831419
  • Previous Sale Recording Date: Mar 01, 2019
  • Previous Sale Contract Date: Feb 26, 2019
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRINCESA PROPERTIES
  • First Mortgage Transaction Date: Dec 29, 2021
  • First Mortgage Loan Amount: $767,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
4 Baths
2,078 ft²
$796/ft²
$1,655,000 May 27, 2023
$1,655,000 Sep 29, 2023
$3,347/mo
House
4 Beds
4 Baths
2,445 ft²
$728/ft²
$1,779,000 Oct 30, 2023
$1,779,000 Nov 28, 2023
$1,372/mo
House
5 Beds
3 Baths
3,082 ft²
$462/ft²
$1,425,000 Oct 23, 2023
$1,425,000 Dec 26, 2023
$2,176/mo
House
5 Beds
3 Baths
3,618 ft²
$408/ft²
$1,475,000 Jun 7, 2023
$1,475,000 Dec 1, 2023
$1,579/mo
Condo
3 Beds
3 Baths
1,841 ft²
$760/ft²
$1,400,000 Aug 25, 2023
$1,400,000 Nov 6, 2023
$3,093/mo
House
3 Beds
5 Baths
2,801 ft²
$428/ft²
$1,200,000 Sep 23, 2023
$1,200,000 Nov 15, 2023
$1,542/mo
Land
Loft
-
-
$1,750,000 Apr 18, 2023
-
$605/mo
Land
Loft
-
-
$1,800,000 Dec 15, 2023
-
$661/mo
Land
Loft
-
-
$1,850,000 Feb 19, 2024
-
$906/mo
Commercial
Loft
-
-
$1,800,000 Apr 15, 2023
-
$2,552/mo
Commercial
Loft
-
-
$1,680,000 Dec 15, 2023
-
$2,524/mo
Other
Loft
-
5,776 ft²
$277/ft²
$1,600,000 Aug 28, 2023
-
$1,601/mo

About North Central Hollywood


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Frequently Asked Questions

When was property at 2306 Pierce Street built and last sold?
The property at 2306 Pierce Street was built in 1954 and last sold on Dec 21, 2021 for $1,279,000.
How much is this home worth?
The estimated value of the home located at 2306 Pierce Street is $1,767,500.
What are some comparable homes to 2306 Pierce Street?
Homes that are comparable to 2306 Pierce Street include a land property at 2302 Pierce Street, 2447 Pierce Street, 2815 Jackson Street.

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