Hollywood Multifamily Investment
2206 Fillmore St #1-10, Hollywood, FL 33020
Fourplex, Quadruplex - Hollywood, FL
Type:Quadruplex
Property size:
7,445 SFLot size:
0.46 AcresPrice / SF:
$302/SF- Added:
- Apr 22, 2026
- Days on Market:
- 31
- Last Refresh:
- May 22 at 4:06 pm
Property Features for 2206 Fillmore St #1-10
General Information
- Property type
- Residential
- Property subtype
- Quadruplex
- Zoning
- DH-2
- Parking
- 20
- Standard status
- Active
- APN
- 514216014000
- Size
- 7,445 SF
- Lot size
- 0.46 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 38956
Utilities
- Heating system
- Wall Furnace
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1959
- Flooring type
- Tile
- Building materials
- Block, Brick
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Mariya Stoyanova License #3343472 (646) 678-6477
Listing office United Realty Group Inc 20803 Biscayne Blvd Ste 410, Plantation, FL (646) 678-6477
Listing date Apr 22, 2026
MLS# A12003504
Listing URL
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully occupied, cash‑flowing property with an immediate annual NOI of $158,414 and a 7.03% Cap Rate.
- Prime location: close to Downtown Hollywood's ArtsPark, restaurants, and Hollywood Beachfront Broadwalk.
- New roofs and wall AC units minimize near‑term capital expenditure, making it a turnkey acquisition.
- Generous 20,060 sq.ft. lot with DH‑2 zoning allowing for potential redevelopment up to 4 stories and 45 feet in height.
- Diverse unit mix (1BR, 2BR, and 3BR) attracts a broad renter demographic.
- Twenty stacked parking spaces, a premium feature in the urban Hollywood submarket.
Overview
This ten-unit multifamily property is located in Hollywood, Florida. The property consists of two buildings with a total area of 7,445 square feet, situated on a 20,060 square foot lot. The unit mix includes seven 1-bedroom/1-bathroom units, two 2-bedroom/1-bathroom units, and one 3-bedroom/2-bathroom unit. The property generates an annual net operating income (NOI) of $158,414. Both buildings have received new roofs and new wall AC units. The property is located blocks from Downtown Hollywood's ArtsPark and restaurant corridor, and is approximately 7 minutes from the Hollywood Beachfront Broadwalk. Fort Lauderdale–Hollywood International Airport (FLL) is 15 minutes away, with access to Miami in 25 minutes and Boca Raton in 30 minutes via I-95. The property is zoned DH-2, permitting up to 4 stories and 45 feet in height. There are twenty stacked parking spaces available.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$1.38M
NOI $124,093 @ 9.00% cap · cautious / downside scenario
Moderate
$1.77M
NOI $124,093 @ 7.00% cap · market / base-case scenario
Aggressive
$2.48M
NOI $124,093 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Apartment 5plus
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $236.8k | $31.80 |
| − Vacancy | −$11.1k | −$1.49 |
| EGI | $225.6k | $30.31 |
| − OpEx | −$101.5k | −$13.64 |
| NOI | $124.1k | $16.67 |
7,445 SF · lease $31.80/SF/yr · vacancy 4.70% · expense 45.00%
Alternative Use Scenarios
Best Use
Apartment 5plus
$1.77M
$1.55M – $2.07M
NOI $124,093 @ 7.0% cap · market cap 5.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.91M
$2.55M – $3.40M
NOI $203,874 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Zantech Inc. Air ...
Hardware & Home Improvement
Casa Fabiola
Apartment Complex
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1512578
- Latitude
- 26.0146298
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Ten-unit multifamily property in Hollywood, Florida, fully occupied and cash-flowing.
Where is this apartment building located?
The property is located at 2206 Fillmore St #1-10 Hollywood, FL.
What is the asking price?
The asking price for this property is $2,255,000.
What are key features of this property?
This property features: Fully occupied, cash‑flowing property with an immediate annual NOI of $158,414 and a 7.03% Cap Rate.; Prime location: close to Downtown Hollywood's ArtsPark, restaurants, and Hollywood Beachfront Broadwalk.; New roofs and wall AC units minimize near‑term capital expenditure, making it a turnkey acquisition.
