2215 Fillmore StHollywood, FL 33020

This exceptional investment opportunity presents a fully approved 27-unit multifamily development project located at 2215 Fillmore Street in Hollywood, Florida, 33020. The project received full city approval on March 12, 2024, and is ready for building permits. Designed by renowned Hollywood architect Joseph Kaller, "Fillmore Breeze" offers a mix of unit sizes: nine 2-bedroom, 2-bathroom units (1232 sq ft under AC, 1460 sq ft total) and eighteen 1-bedroom, 1-bathroom units (788 sq ft under AC, 947 sq ft total). All units include in-unit washer/dryers. Community amenities include a rooftop community center and outdoor space. The property currently generates a gross annual income of $51,000 from month-to-month tenants, providing a potential revenue stream during the development phase. The asking price for this prime development site is $2,750,000. The property was built in 1947. This is a special purpose property with significant upside potential. Two additional projects are slated to begin construction on Fillmore Street, further enhancing the area's appeal. This is a rare opportunity to acquire a fully approved project in a thriving location.