2201 GREENE ST, HOLLYWOOD, FL 33020

 2201 Greene Street is a fully renovated, turn-key 9-unit multifamily property in Hollywood, Florida, offered at $2,100,000. This concrete block (CBS) building was originally constructed in 1960 and has been completely upgraded with modern systems and finishes, making it an ideal stabilized investment with immediate cash flow.

The property consists of four 2-bedroom / 1-bath units and five 1-bedroom / 1-bath units, totaling approximately 4,658 square feet on a 4,617-square-foot lot. All units feature stainless steel appliances, central air conditioning, impact windows, updated plumbing, and separate electric meters. A new roof has been installed, and the asset is 100% occupied.

Located east of I-95, the property benefits from strong rental demand and proximity to major destinations including Hollywood Beach, Fort Lauderdale-Hollywood International Airport (FLL), Seminole Hard Rock Hotel & Casino, and Dania Pointe. The building includes 8 on-site parking spaces and sits within an Opportunity Zone, offering potential tax advantages for investors.

Financially, the asset delivers a 7.7% cap rate with a net operating income (NOI) of $162,600 and annual gross income of approximately $207,600. With stable in-place rents and short-term rental flexibility, the property offers both consistent cash flow and upside potential.

This is a rare opportunity to acquire a fully renovated multifamily property in one of Broward County’s strongest rental corridors, ideal for investors seeking long-term appreciation and immediate returns.