2206 Fillmore St #1-10, Hollywood, FL, 33020
1959
Fourplex
7,445 sqft
Rarely available 10-unit multifamily property in the heart of Hollywood, Florida — fully occupied, cash-flowing from day one, and priced extremely competitively. Comprising two well-maintained buildings totaling 7,445sq.ft. on a generous 20,060sq.ft. lot, this asset delivers immediate NOI of $158,414 annually, 7.03% Cap Rate and meaningful rent upside still on the table. The unit mix — seven 1BR/1BA, two 2BR/1BA and one 3BR/2BA — attracts a broad renter demographic, reducing vacancy risk across market cycles. Both buildings received a new roof and new wall AC units, dramatically reducing near-term capex exposure and making this a true turnkey acquisition. The location is exceptional. Situated just blocks from Downtown Hollywood's vibrant ArtsPark and restaurant corridor, and only 7 minutes from the award-winning Hollywood Beachfront Broadwalk, demand for rentals here is structural and persistent. Fort Lauderdale–Hollywood International Airport (FLL) is 15 minutes away, and easy I-95 access puts Miami in 25 minutes and Boca Raton in 30 minutes. Zoned DH-2, the site permits up to 4 stories and 45 feet in height — giving a future owner optionality to redevelop at higher density as Hollywood's Downtown corridor continues its rapid appreciation trajectory. Twenty stacked parking spaces are a premium differentiator in this urban submarket. For more information and to schedule a showing, please call today!
Status:
Active
Type:
Multi-family
Zoning:
DH-2
Subdivision:
¤HOLLYWOOD LITTLE RANCHES
Heating:
Wall Furnace
Cooling:
Wall/Window Unit(s)
Parking:
20-car
Est. Taxes:
$38,956
Construction
Brick,Block
Utilities
Cable Available
Lot Description:
1/4 to 1/2 Acre Lot
Days on Market:
1
Pool:
None
MLS #:
A12003504
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of United Realty Group Inc 646-678-6477