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5905 Pierce St - 5905 Pierce St 4 Unit Apartment Building Offered at $600,000 at a 5.20% Cap Rate Hollywood, FL 33021

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EXECUTIVE SUMMARY

Four Units In Hollywood

Offered at below-market value
Cash Deals Only
Located East of 441
Mix of 1/1 & 2/1
100% Occupied & Turnkey
Owner Pays Water & Garbage

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS Under Contract

Price $600,000
Price Per Unit $150,000
Sale Type Investment
Cap Rate 5.20%
Sale Condition Deferred Maintenance
Gross Rent Multiplier 10.58
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
Building Class C
Lot Size 0.17 AC
Building Size 2,808 SF
Average Occupancy 100%
No. Stories 1
Year Built 1974
Zoning C-LP - Linear Park

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Tile Floors
  • Range
  • Tub/Shower

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 $1,200 534
2+1 2 $1,300 793
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
51-41-13-02-1900
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$374,160 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 38285365

  • Date on Market: 10/31/2025

  • Last Updated:

  • Address: 5905 Pierce St, Hollywood, FL 33021

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