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$1,600,000
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Property Description
Fausto Commercial proudly presents 206 S 15th Ave, a unique 6-unit multifamily property located on a corner lot in the sought-after Hollywood Lakes area of downtown Hollywood. The property consists of two buildings with a well-balanced unit mix: two 2-bed/1-bath units, three 1-bed/1-bath units, and one studio. Fully leased and featuring a coin-operated laundry room for added income, this asset is ideally positioned near restaurants, bars, shopping, and just minutes from the beach. Recent improvements, including a new roof and updated landscaping, enhance its appeal, with projected pro forma gross income expected to increase to $142,400 annually.
Full Property Details
Full Property Details for 206 S 15th Ave #1-6
General
- Price: $1,600,000
- Taxes: $15,810
- Status: Active
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A11800164
- Updated: 12/23/2025
- Added to Site: 253 day(s) ago
Business
- Business Type: Apartments
Location
- County: Broward County
Community
- Units Assoc/Comm: 7
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall/Window Units
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- Detached/Attached: Detached
- Construction: CBS Construction, Other
- Building Size: 3686
Unit Information
- Units in Complex: 7
Lot Features
- Lot Size (Sq. Ft.): 3,686
- Zoning: RS-6
Financial Considerations
- Operating Expenses: $27,270
- Tax Amount: $15,810
- Terms: All Cash, Conventional/Refinance, Owner Will Carry
Disclosures and Reports
- Special Conditions: Sale
- Documents Avail.: Aerial Photo(S), Rent Rolls
- Legal Description: HOLLYWOOD 1-21 B LOT 16 BLK 78
- Property ID: 514215024590
Listed by Fausto Commercial Realty Consultants Inc
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Schools
Schools serving 206 S 15th Ave #1-6
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Hollywood Central Elementary School 1700 Monroe Street, Hollywood, FL 33020 | K-5 | 0.4 mi |
Olsen Middle School 330 Southeast 11th Terrace, Dania Beach, FL 33004 | 6-8 | 1.8 mi |
South Broward High School 1901 North Federal Highway, Hollywood, FL 33020 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 206 S 15th Ave #1-6
Date
Details
Price
Change
Source
9/03/2025
Price Reduced
$1,600,000
-5.88%
MLS
5/11/2025
Listed
$1,700,000
290.98%
MLS
10/23/2003
Sold
$434,800
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 206 S 15th Ave #1-6
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,810
—
$939,160
7%
2024
$15,810
11%
$879,140
16%
2023
$14,280
21%
$759,400
25%
2021
$11,796
-6%
$605,950
-5%
2022
$12,507
6%
$639,140
23%
2021
$11,796
17%
$521,050
53%
2019
$10,065
14%
$341,150
10%
2018
$8,808
14%
$310,140
-9%
2017
$7,715
7%
$341,930
15%
2016
$7,183
9%
$297,310
28%
2015
$6,564
7%
$233,020
10%
2014
$6,155
8%
$211,840
10%
2013
$5,709
—
$192,590
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 206 S 15th Ave #1-6
206 S 15th Ave #1-6, Hollywood, FL 33020 (MLS# A11800164) is a Apartment property. 206 S 15th Ave #1-6 is currently listed for $1,600,000 and was received on May 11, 2025. Want to learn more about 206 S 15th Ave #1-6? Do you have questions about finding other Apartment real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

