2206 Fillmore St #1-10, Hollywood FL 33020 | Broward County | A12003504
  • $2,255,000

Description

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!

Property Overview

This 10-unit multifamily property in Hollywood is a fully occupied quadruplex offering immediate cash flow with a 7.03% cap rate and an annual net operating income of $158,414. The property consists of two buildings totaling 7,445 square feet on a 20,060-square-foot lot, with a well-balanced unit mix of seven 1BR/1BA units, two 2BR/1BA units, and one 3BR/2BA unit. Both buildings feature recently installed roofs and wall AC units, reducing maintenance costs and making the property a strong, turnkey investment. Located on Fillmore Street, the buildings are just blocks from Hollywood’s ArtsPark and dining district and within a seven-minute drive of the Hollywood Beachfront Broadwalk. The area is well-connected, with Fort Lauderdale–Hollywood International Airport (FLL) 15 minutes away and easy access to I-95. With strong rental demand and upside potential, this property is well positioned to deliver consistent returns.

Frequently Asked Questions

How many units are in the Hollywood Little Ranches property?

The property consists of 10 units, spread across two buildings.

What is the current annual net operating income (NOI)?

The property generates an annual net operating income of $158,414.

What is the current asking price and what is the cap rate?

The asking price is $2,255,000, which results in a 7.03% cap rate.

What is the unit mix of the property?

The unit mix includes seven 1BR/1BA units, two 2BR/1BA units, and one 3BR/2BA unit.

What recent improvements have been made to the property?

Both buildings have had new roofs and new wall AC units installed, reducing the need for near-term capital expenditures.

What is the location like and what amenities are nearby?

The property is located in Hollywood, Florida, just blocks from Downtown Hollywood's ArtsPark and restaurant corridor, and within 7 minutes of Hollywood Beachfront Broadwalk. Fort Lauderdale–Hollywood International Airport (FLL) is 15 minutes away, and the I-95 is easily accessible.
  • Address: Fillmore St #1-10
  • City: Hollywood
  • State/county: Broward County
  • Zip/Postal Code: 33020
  • Area: ¤HOLLYWOOD LITTLE RANCHES

Details

Updated on June 30, 2026 at 12:35 am
  • Property ID A12003504
  • Price $2,255,000
  • Property Size 7445 Sq Ft
  • Year Built 1959
  • Type Quadruplex
  • Property Status Active, Residential Income

Additional details

  • Flooring Tile
  • Cooling Wall/Window Unit(s)
  • Association Type None
  • Building ¤HOLLYWOOD LITTLE RANCHES
  • Area ¤hollywood Little Ranches
  • Annual Tax 38956
  • Association No
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Subdivision ¤HOLLYWOOD LITTLE RANCHES
  • Total Stories 1
  • Heating Window/Wall
  • Structure Type Quadruplex, Fourplex
  • Tax Year 2025
  • Construction Concrete Block With Brick, CBS Construction
  • Year Built Details Resale
  • Flood Zone X
  • New Construction No
  • Style Fourplex
  • Lot Size (Sq Ft) 0

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Christopher Lazaro

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