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Investment Highlights

  • Rare Opportunity To Acquire 0.94 AC Development Site With Fully Approved Plans For Townhomes In The Heart Of North Central Hollywood
  • Lot Consists Of 2 Contiguous Parcels With North Side Fronting Pierce Street
  • Can Strategically Position Asset To Be Build-To-Rent, Build-To-Sell, Or Parcel Off And Sell Individually
  • Site Is Currently Vacant And Fully Shovel-Ready With Approved Plans and SPA Approval
  • Demolition Already Completed And Major Entitlement And Zoning Risks Have Been Eliminated
  • Plans Include Abundant Parking With 31 Spaces (2.2 Spaces/Unit)

Executive Summary

Rare opportunity to acquire a fully entitled townhome development site featuring approved plans for 14 spacious three-bedroom, two-and-a-half-bathroom residences totaling approximately 25,466 square feet. Situated on a sizable 0.94-acre parcel, the project offers investors and developers a streamlined path to construction with significant upfront planning and entitlement work already completed.
Designed to capitalize on strong demand for modern townhome living, the development presents multiple exit strategies. Investors may elect to construct and operate the property as a build-to-rent community, creating a stable, income-producing asset, or individually parcel and sell the completed residences to maximize potential sales proceeds. The efficient site plan and attractive unit mix position the project to appeal to a broad range of tenants and homebuyers alike.
With approvals in place and a thoughtfully designed development program, this offering provides a compelling opportunity to accelerate project timelines, reduce entitlement risk, and deliver a high-quality residential product in one of South Florida's most active housing sectors. The project's scale is well-suited for both local and institutional developers seeking a manageable yet meaningful development opportunity with flexibility throughout the investment lifecycle.

Property Facts

Price $3,222,438 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Single Family Development
  • Single Family Residence
Total Lot Size 0.94 AC

1 Lot Available

Lot

Price $3,222,438 CAD
Price Per AC $3,428,125.50 CAD
Lot Size 0.94 AC
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 41424526

  • Date on Market: 2026-07-24

  • Last Updated:

  • Address: 2630 Pierce St, Hollywood, FL 33020

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