Turnkey 10-Unit Apartment
2206 Fillmore St #1-10 Hollywood, FL 33020
For Sale
$2,255,000
MULTI_FAMILY - Other - Hollywood, FL
Property Size7,445 SF
Lot Size0.46 Acres
Price / SF$302.89
Days on Market26
Property Features for 2206 Fillmore St #1-10
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Parking
- 20
- Standard status
- Active
- APN
- 514216014000
- Size
- 7,445 SF
- Lot size
- 0.46 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- HOLLYWOOD LITTLE RANCHES 1-26 B LOT 22 BLK 9
- Tax Annual Amount
- 38956
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Wall Furnace
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
Building Details
- Year built
- 1959
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Brick, Block
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency:
United Realty Group Inc
(954) 450-2000
Listed By:
Mariya Stoyanova · License #3343472
(646) 678-6477
Added: Jul 2
Changed: Jul 25
Last Checked: Jul 27 at 5:06AM
MLS# A12003504
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.
Investment Insights
Based on property information with market context.
This turnkey 10-unit apartment property includes two well-maintained buildings totaling 7,445 square feet on a 20,060 square foot lot. The current unit mix is seven 1BR/1BA units, two 2BR/1BA units, and one 3BR/2BA unit. The buildings have received a new roof and new wall A/C units, designed to reduce near-term capital expenditures.
The site is located in the heart of Hollywood, Florida, just blocks from Downtown Hollywood’s ArtsPark and restaurant corridor, with convenient access to Hollywood Beachfront Broadwalk and major routes including I-95. Fort Lauderdale-Hollywood International Airport is approximately 15 minutes away, with Miami and Boca Raton accessible in roughly 25 and 30 minutes, respectively.
Zoned DH-2, the property permits up to four stories and 45 feet in height, offering potential redevelopment optionality. Parking is supported by twenty stacked spaces.
The site is located in the heart of Hollywood, Florida, just blocks from Downtown Hollywood’s ArtsPark and restaurant corridor, with convenient access to Hollywood Beachfront Broadwalk and major routes including I-95. Fort Lauderdale-Hollywood International Airport is approximately 15 minutes away, with Miami and Boca Raton accessible in roughly 25 and 30 minutes, respectively.
Zoned DH-2, the property permits up to four stories and 45 feet in height, offering potential redevelopment optionality. Parking is supported by twenty stacked spaces.
Key Highlights
- 10‑unit multifamily property with 7,445 SF across two buildings on a 20,060 SF lot
- Unit mix: seven 1BR/1BA, two 2BR/1BA, and one 3BR/2BA
- Reported fully occupied and generating $158,414 annual NOI with a 7.03% cap rate
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
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.
| 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 Uses
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 Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Zantech Inc. Air ...
Hardware & Home Improvement
Casa Fabiola
Apartment Complex
FAQs
What type of property is this?
Apartment building - 10 units across two well-maintained buildings with recent roof and wall AC upgrades, currently fully occupied.
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: 10‑unit multifamily property with 7,445 SF across two buildings on a 20,060 SF lot; Unit mix: seven 1BR/1BA, two 2BR/1BA, and one 3BR/2BA; Reported fully occupied and generating $158,414 annual NOI with a 7.03% cap rate
