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About the Listing SEFUNGR02 - SEF3343472
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. Virtual staging incorporated in the listing photos. For more information and to schedule a showing, please call today!
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Separate Meters,Wall Furnace
- Fireplaces:
- Floor: Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: 1/4 to 1/2 Acre Lot
- Garage Capacity: N/A
- Parking Spaces: 20
- Lot Dimensions: 20,060
- Zoning: DH-2
- Roof: Shingle
- Others:
- Sewer: Septic Tank
Financial Details
- Tax Amount: $38,956
- Taxes w/Assessments: N/A
- Tax/Property ID: 514216014000
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
2206 Fillmore St Unit 110 Hollywood, FL 33020
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