2332 Fillmore St, Hollywood, FL 33020

About This Home

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.

Property Details

Flooring

Concrete

Heating

Zoned

Cooling

Zoned

Architectural Style

Detached

Building & Association

Building Name

HOLLYWOOD LITTLE RANCHES

Stories

1

Stories Total

1

Association

No

Lot & Construction

Lot Features

1/2 To Less Than 3/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Shingle

New Construction

No

Public Records

Parcel Number

514216013900

Tax Annual Amount

$37,042

Tax Year

2,025

Zoning

DH-2

County Or Parish

Broward County

Location