About This Property

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.

Key Features

• Built in 1973

Property Details

• Type: Single Family Home
• Year Built: 1973
• Sq Ft: 8,283
• Price / Sq Ft: $302
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: Built in 1973
• Status: Active
• MLS Number: 1194376350
• Days on Market: 1
• Listed By: Fausto Commercial Realty Consultants Inc · Elior Levi
• Zip Code: 33020