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Prime Commercial Land for 13 Townhouses in Hollywood FL

Vacant commercial land on Pierce Street, Hollywood FL 33020, approved for 13 modern townhouses with permits ready for immediate construction.

$900,000

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MLS #F10518961

Listing Updated: 2026-07-10 12:35:49

Listed By: VP Realty Group Inc

Overview

This vacant commercial land located on Pierce Street in Hollywood, FL 33020, presents a rare development opportunity for builders and investors. The lot is fully approved for the construction of 13 modern townhouses, with permits in place allowing immediate start of the project. Situated in a well-established residential neighborhood, the site benefits from strong demand for rental and resale properties. Its central location provides convenient access to downtown Hollywood, nearby beaches, and major highways, making it an attractive spot for future residents. Whether the goal is to build and sell or hold the property for long-term value, this parcel offers significant potential in a thriving South Florida market.

Property Highlights

Vacant commercial land with approved permits for 13 townhouses. Central Hollywood location near downtown, beaches, and highways. Strong neighborhood demand for rentals and resale. Immediate construction start possible.

Property Details

City: Hollywood

State: FL

Zip Code: 33020

Address: Pierce Street, Hollywood FL 33020

Year Built:

Property Type: Commercial Land

Property Sub Type:

Listing Office Name: VP Realty Group Inc

County: Broward County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $0

Days On Market: 304 Days

Original Listing Description

Prime Development Opportunity in the Heart of Hollywood!Don’t miss this exceptional chance to invest in one of Hollywood’s most desirable locations! This vacant lot is approved for the development of 13 modern townhouses, with approved permit to build and can starts immediately – a rare find for savvy builders and investors.Centrally situated in Hollywood, FL – minutes from downtown, beaches and highways.Established residential neighborhood with strong rental and resale demand.Whether you're looking to build and sell or build and hold, this property offers tremendous potential and future value in a thriving area of South Florida.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

Pierce Street, Hollywood FL 33020

About This Neighborhood

The property is located in a mature residential neighborhood in Hollywood, FL, known for its community atmosphere and accessibility. The area benefits from convenient access to local amenities, schools, and transportation routes. Residents enjoy a balanced lifestyle with nearby recreational spaces and easy connections to the vibrant downtown and coastal attractions.

Walkability & Lifestyle

Residents in this area benefit from walkable access to local shops, dining, and entertainment options. The nearby downtown district and beach areas offer vibrant social and recreational experiences within a short drive or bike ride. Parks and waterfront spaces contribute to an active, outdoor-oriented lifestyle.

Things To Do Nearby

Hollywood offers a variety of activities including beach outings, boating, dining, and cultural events. The location near Pierce Street provides easy access to marinas, golf courses, and nightlife, making it suitable for diverse interests and lifestyles.

Nearby Schools

The area surrounding Pierce Street offers access to several educational institutions, providing convenient options for families. The neighborhood's established nature ensures that schools and educational resources are within reasonable commuting distance, supporting residents with school-age children.

Why Buyers Like This Area

Buyers appreciate this location for its balance of residential comfort and urban convenience. The approved development permits add value by reducing project lead times. The neighborhood’s accessibility to beaches, downtown, and highways makes it a practical and attractive choice for homeowners and developers alike.

Investment Potential

This commercial land in Hollywood offers a solid development opportunity with permits approved for 13 townhouses. The location in a well-established residential area supports steady demand from renters and buyers. Its proximity to downtown and beaches enhances its appeal for future residents, making it an attractive option for developers and investors seeking a project with immediate build potential and long-term value.

Market Trends

Hollywood's real estate market continues to attract interest due to its strategic location and lifestyle offerings. Demand for new housing, especially townhouses, remains steady in established neighborhoods. This property aligns with market trends favoring modern, well-located residential developments with access to urban and beach environments.

Rental Income Potential

Given the neighborhood's strong rental demand, this development site is well-positioned to attract tenants once built. The proximity to downtown Hollywood and popular beaches supports year-round rental interest, including seasonal visitors. This enhances the property's appeal for those considering rental opportunities post-construction.