Hollywood, FL 33020
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.
| 3 days ago | Listing first seen on site | |
| 3 days ago | Listing updated with changes from the MLS |
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.