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(754) 799-7545
Real Estate Company
2332 Fillmore St, Hollywood, FL 33020
- $2,500,000
- 8,283
- SqFt
- List Price
- $2,500,000
- Days on Market
- 0
- MLS#
- A12109794
- Year Built
- 1973
- Living Area
- 8,283
- Building Name
- Hollywood Little Ranches
Property Description
Fausto Commercial is pleased to present 2332–2334 Fillmore St, a fully leased 13-unit multifamily investment in central Hollywood — ten 1BR/1BA units, two studios, and a 3-bedroom house — across 8,283 SF on a combined 30,090 SF lot. With a newer roof, mini-split A/C, and a recently completed 40-year recertification, the asset delivers a 7.02% in-place cap rate on $175,590 NOI ($256,200 gross income, 13/13 leased). Bringing rents to market ($1,900 1BR / $1,300 studio / $3,200 house) lifts gross income to $297,600 and NOI to $209,032 — an 8.36% cap at list. The two lots are zoned DH-2 with redevelopment potential for approximately 60 units, subject to applicable approvals. Located near Downtown Hollywood and Young Circle, with quick access to I-95, US-1, Hollywood Beach, and Fort Lauderdale-Hollywood International Airport. Buyer's choice: hold for cash flow and rent growth, or pursue entitlements and redevelop at scale in one of Broward's most active submarkets.
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Additional Information
- Taxes
- $37,042
- Community Features
- Hollywood Little Ranches
- Property Description
- Quadruplex, Fourplex
- Zoning
- DH-2
- Heating
- Zoned
- Air Conditioning
- Zoned
- Exterior Construction
- CBS Construction
- Roof
- Shingle
Listing Courtesy Of Fausto Commercial Realty Consultants Inc, Contact: