2206 Fillmore Street 110 Hollywood, FL 33020

AGENT'S REMARKS ABOUT 2206 FILLMORE STREET 110

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 LauderdaleHollywood 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!