Fillmore & Pierce Apartments

The Thomas Team of Marcus & Millichap is pleased to present Fillmore & Pierce, a (38) unit multifamily portfolio located at 2843 Fillmore Street and 2910 Pierce Street in Hollywood, Florida. The property is encumbered by an assumable Fannie Mae mortgage with a balance of ~$3,900,000, a fixed interest rate of 3.36%, due in 2031.

SUBJECT PROPERTY

Fillmore & Pierce consists of (2) two-story apartment buildings constructed between 1965 and 1972, situated on a combined 0.94-acre lot (40,996 square feet). The properties feature approximately 25,818 square feet of total building area and are zoned RM-18. The unit mix consists of (2) efficiencies averaging 300 square feet, (20) one-bedroom/one-bathroom units averaging 600 square feet, (8) two-bedroom/one-bathroom units averaging 800 square feet, and (8) two-bedroom/two-bathroom units averaging 850 square feet. The buildings feature concrete block construction, painted stucco exteriors, central air conditioning, paved asphalt parking, and on-site laundry facilities.

LOCATION

The properties are strategically located in Hollywood, Florida, within an established residential neighborhood offering convenient access to major transportation corridors, employment centers, shopping, dining, and entertainment destinations. Situated near Hollywood Boulevard, Dixie Highway, and Interstate 95, the portfolio provides connectivity throughout Broward County and the greater South Florida region.

Nearby points of interest include the Hollywood Branch Library (0.7 miles), Regions Bank (1.5 miles), Publix at Hollywood Mall (1.5 miles), Target (1.5 miles), Joe DiMaggio Children’s Hospital (1.5 miles), Memorial Regional Hospital (1.6 miles), Wells Fargo Bank (1.7 miles), CVS Pharmacy (1.7 miles), ArtsPark at Young Circle (1.8 miles), Walgreens (1.9 miles), Dania Pointe (2.9 miles), and Fort Lauderdale-Hollywood International Airport (8.8 miles).

Nearby educational facilities include Sunshine Elementary School/Paragon Academy (0.2 miles), Oakridge Elementary School (1.1 miles), South Broward High School (2.4 miles), and Olsen Middle School (3.4 miles). The property’s proximity to these educational institutions, major healthcare facilities, retail destinations, and transportation corridors provides residents with access to everyday conveniences and regional employment opportunities.

SUMMARY

Fillmore & Pierce is being offered for sale at $7,410,000 or $195,000 per unit.