Multi-Family Development Opportunity at 2215 Fillmore Street

Approved multi-family project with 27 units in Hollywood, FL. Ready for building permits with rooftop community amenities and existing rental income.
$2,750,000

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Florida Local Time --:--
MLS #F10457265
Listing Updated: 2026-07-10 12:36:46
Listed By: Costa Bella Realty Group Inc.

Overview

This fully approved multi-family development project at 2215 Fillmore Street in Hollywood, FL offers a unique opportunity for developers and investors. Designed by renowned architect Joseph Kaller, the project features 27 units, including nine 2-bedroom plus den units and eighteen 1-bedroom units, each with washer and dryer hookups. The building includes a rooftop community center and outdoor space, enhancing the living experience for future residents. Currently, the property has month-to-month tenants generating a gross annual income of $51,000, providing potential revenue during development. With permits ready to start, this project is well-positioned in a growing neighborhood.

Property Highlights

27 units total; 9 two-bedroom + den units (1232 sqft A/C); 18 one-bedroom units (788 sqft A/C); rooftop community center; approved March 2024; month-to-month tenants with $51,000 annual income.

Property Details

City: Hollywood
State: FL
Zip Code: 33020
Address: 2215 Fillmore Street, Hollywood FL 33020
Year Built: 1947
Property Type: Commercial Sale
Property Sub Type: Multi Family
Listing Office Name: Costa Bella Realty Group Inc.
County: Broward County
Garage Spaces:
Parking Features:
Interior Features:
Exterior Features:
Waterfront: No
Pool: No
HOA Fee: $0
Annual Tax: $10,747
Days On Market: 654 Days
SO THIS PROJECT IS FULLY APPROVED MARCH 12,2024 FROM THE CITY OF HOLLYWOOD!"READY TO START BUILDING PERMITS! 2 OTHER PROJECTS WILL START ON STREET "Fillmore Breeze" is a developer & investor opportunity, strategically designed by the renowned Hollywood Architect Joseph Kaller. The project consists of 27 units, 9 units: 2 bedrooms + den & 2 bathrooms Size: 1232 sq. ft. under a/c & 1460 total sq. ft. 18 units: 1 bedroom & 1 bathroom Size: 788 sq. ft. under a/c & 947 total sq. ft. units come with washer dryers. Amenities: The building features a rooftop community center and outdoor space, providing additional attractive features for potential buyers or tenants. Property has month-to-month tenants, gross annual income of $51,000.00. Potential revenue stream while the project is being developed

Property Location

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2215 Fillmore Street, Hollywood FL 33020

About This Neighborhood

Located in Hollywood, FL, this property benefits from a well-established urban neighborhood known for its accessibility and community amenities. Hollywood offers a blend of residential and commercial areas with convenient access to major roads and public transportation. The neighborhood supports a diverse population and provides a range of services, shopping, and dining options, making it attractive for residents seeking a balanced lifestyle close to Miami and Fort Lauderdale.

Walkability & Lifestyle

The location offers good walkability with nearby restaurants, shopping centers, and parks within easy reach. Residents can enjoy access to waterfront areas and recreational spaces, enhancing daily convenience. The neighborhood’s urban design supports pedestrian-friendly streets and local amenities, making it practical for everyday errands and leisure activities without relying heavily on a vehicle.

Things To Do Nearby

Hollywood features a variety of lifestyle activities, including waterfront dining, boating, and cultural events. Residents can explore nearby beaches, marinas, and parks, as well as enjoy local entertainment and nightlife options. Golf courses and outdoor recreational facilities are also accessible, providing diverse options for leisure and social engagement.

Nearby Schools

Hollywood provides access to a variety of educational institutions, including public and private schools serving all grade levels. Families in the area benefit from convenient school transportation and proximity to quality education options. The neighborhood’s community infrastructure supports student activities and engagement, contributing to a family-friendly environment.

Why Buyers Like This Area

Buyers appreciate this area for its strategic location between Miami and Fort Lauderdale, offering both urban conveniences and coastal lifestyle benefits. The approved multi-family project with modern amenities meets the demand for quality housing. The neighborhood’s accessibility, community features, and proximity to employment centers make it suitable for a range of residents, from young professionals to families.

Investment Potential

This multi-family property in Hollywood presents a strategic opportunity for investors interested in a fully approved project with immediate development potential. The existing tenant base provides a steady income stream during construction, which can help offset holding costs. Its location in Hollywood, a city with growing demand for residential units, adds to its appeal. The rooftop community space enhances marketability to future tenants, making it a versatile asset for both developers and long-term owners.

Rental Income Potential

With month-to-month tenants currently generating a gross annual income of $51,000, this property offers rental income potential during the development phase. The mix of unit sizes and inclusion of washer/dryer hookups appeal to a broad tenant base. Hollywood’s rental market benefits from seasonal demand and a steady flow of residents seeking flexible housing options, supporting ongoing tenant interest and occupancy.
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