Apartments Pembroke Arms Condo Apts

$ 169,000
  • 1 bed
  • 1 bath
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Details
    • Listed on:
      February 27, 2026
    • Days on Market:
      -
    • Maintenance:
      n/a
    • Taxes:
      $ 2,629 per year
    • Year:
      1954
    • Furniture:
      -
    • Floor Description:
      Tile
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      Other View
    • Parking:
      -
  • Interior Features:
    • First Floor Entry
  • Exterior Features:
    • None
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
Investor Opportunity in the heart of Hollywood — Purchase One or All Three.

Offered at $169,000 per unit or all three units for $500,000, this is a rare chance to control multiple condos within the same building — a strategic advantage not often available. The owner is selling three individual units all 1 bed, 1 bath, creating an exceptional opportunity for investors seeking immediate cash flow today and long-term upside tomorrow.

All units are tenant-occupied, providing instant income and making this an ideal 1031 exchange opportunity. You’re stepping into performing assets with built-in revenue from day one.

But this offering is more than just three condos — it’s about future positioning. Located in a prime area of Hollywood, the property sits on valuable land with favorable zoning that allows for increased building height. As zoning changes continue to encourage vertical growth, the long-term redevelopment potential becomes a significant factor. Controlling multiple units in a building with generous zoning creates leverage and strategic influence for future possibilities.

Investors will recognize the power in owning multiple units in the same stack — increased control, simplified management, and stronger positioning should redevelopment conversations arise down the line.

This is not just a purchase. It’s income now, land value growth, and future development potential — all in one of Hollywood’s evolving locations.
Map view