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1920 Pierce St - Shovel Ready Development Opportunity 0.38 Acres of Commercial Land Offered at $2,931,432 CAD in Hollywood, FL 33020
INVESTMENT HIGHLIGHTS
- Shovel-Ready Development: Fully approved plans in place for a 29-unit boutique multifamily project — permits can be pulled immediately.
- Modern Boutique Design: Thoughtfully planned building featuring a courtyard garden, rooftop pool & grilling area, and fitness center.
- Strong Parking Ratio: 44 total parking spaces (including ADA and double-stack lift system) — exceeding zoning requirements.
- Prime Downtown Location: Situated just steps from Young Circle and Hollywood Boulevard’s restaurants, shops, and entertainment.
- Efficient Unit Mix: One-, two-, and three-bedroom residences ranging from approximately 700 SF to 1,425 SF, catering to diverse tenant demand.
- Favorable Zoning: ND-2 zoning allows mid-rise multifamily development and supports long-term neighborhood growth.
EXECUTIVE SUMMARY
1920 Pierce Street presents a rare opportunity to acquire a fully entitled, shovel-ready development site in the heart of Downtown Hollywood, Florida. The property spans 16,360 square feet of cleared land, featuring expansive frontage along Pierce Street and rear alley access for enhanced site circulation and design efficiency.
This site is truly shovel ready, with the possibility of building permits being in place at the time of closing—a rare and valuable advantage that allows a developer to break ground immediately upon acquisition.
Existing plans, thoughtfully designed by Llorente Architects, call for a 32,351 SF building featuring large, well-designed residential units ranging from one to three bedrooms, catering to the growing demand for spacious, high-quality living in Downtown Hollywood.
Key Highlights:
Lot Size: 16,360 SF (cleared and ready for construction)
Fully entitled; permits potentially deliverable at closing
Proposed 32,351 SF buildable area per approved plans
Designed by Llorente Architects
Large 1–3 bedroom units with efficient layouts and modern finishes
Massive Pierce Street frontage with rear alley access
Prime location in Downtown Hollywood, near Young Circle, retail, dining, and entertainment
Within one of Broward County’s most active redevelopment corridors
1920 Pierce Street combines immediate development readiness with exceptional design pedigree, offering developers a unique, low-risk opportunity to bring a luxury residential project to market in one of South Florida’s most walkable and evolving downtown districts.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,931,432 CAD | Lot Size | 0.38 AC |
| Price Per AC | $7,805,205.05 CAD |
| Price | $2,931,432 CAD |
| Price Per AC | $7,805,205.05 CAD |
| Lot Size | 0.38 AC |
Fully entitled and shovel-ready 16,360 SF site with utilities and civil infrastructure in place. Expansive Pierce Street frontage plus rear alley access offers excellent circulation, visibility, and design flexibility. Proposed 32,351 SF buildable ar
DESCRIPTION
1920 Pierce Street – Shovel-Ready Development Site in Downtown Hollywood, FL This fully entitled, shovel-ready site offers a rare opportunity to develop in one of South Florida’s most vibrant urban cores. Located in Downtown Hollywood, the 16,360 SF parcel has been completely cleared, with utilities and civil infrastructure already in place, allowing for immediate construction. The property features expansive frontage along Pierce Street and rear alley access, providing excellent visibility, circulation, and design flexibility. Approved architectural plans by Llorente Architects propose a 29 unit, 32,351 SF residential building with spacious 1–3 bedroom units, tailored to meet the growing demand for high-quality living in the area. Zoned ND-2, the site supports medium-density multifamily development and benefits from its walkable location near Young Circle, retail, dining, and entertainment. With the potential for building permits to be delivered at closing, this is a low-risk, high-reward opportunity for developers seeking speed to market in a thriving redevelopment corridor.
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1920 Pierce St - Shovel Ready Development Opportunity
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