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$ 2,500,000
Est. payment | /mo
8,283 SqFt
$ 2,500,000
Est. payment | /mo
8,283 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,283 sqft
Price per Sqft $301
MLS Listing ID A12109674
HOA Y/N No
Year Built 1973
Annual Tax Amount $37,042
Tax Year 2026
Lot Size 0.691 Acres
Property Sub-Type Multi Family
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.
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.
Location
State FL
County Broward
Area 3050
Zoning DH-2
Exterior
Private Pool Yes
Building
Sewer Septic Tank
Water Public
Others
Tax ID 514216013900
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12109674

Listed by Fausto Commercial Realty Consultants Inc

13081 Sandy Key Bnd #1, North Fort Myers, FL 33903, USA






