luxury

$1,650,000

2028 Fillmore Street, Hollywood, FL 33020

Hollywood, FL, 33020

— bd · — ba · 6,402 sqft

Listed by RE/MAX 5 Star Realty

Estimated monthly payment

$12,741/mo

Know your costs before you buy

Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.

Estimated monthly payment $12,741/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.

About this home

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Rare 8-unit multifamily investment opportunity just north of Downtown Hollywood. Property consists of 3 buildings totaling approximately 6,402 SF on a 10,904 SF lot with a unit mix of four 1/1s, two 2/1s, one 2/2 and one studio. Currently 87.5% occupied with 7 of 8 units leased. Current NOI is approximately $85,548 with a 5.18% cap rate. Ownership projects approximately $132,608 NOI and an 8.04% cap rate at full occupancy and projected rents. Major capital improvements include replacement roofs on all 3 buildings, updated HVAC systems, updated bathrooms in every unit and 5 renovated kitchens. Features include on-site laundry, private terrace, separate rear cottage and dedicated parking for the front house. DH-3 zoning near Hollywood Blvd, Young Circle, Dixie Hwy and US-1.

Your costs (est.)

≈ $12,741/mo

2028 Fillmore Street, Hollywood, FL 33020 · Hollywood

Location

2028 Fillmore Street, Hollywood, FL 33020

Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995