Property Description

1730–1734 Fletcher Street is an 8-unit multifamily investment opportunity located in the rapidly growing Hollywood rental market. The property consists of two adjacent apartment buildings situated on approximately 16,379 SF that are currently fully occupied and generating strong in-place cash flow with additional upside through future rental increases, continued renovations, lease-up opportunities, and operational improvements. Several units have already been updated with renovated interiors while the property benefits from strong tenant demand and a central location near Downtown Hollywood, Young Circle, Federal Highway, Dixie Highway, I-95, and Hollywood Beach. In addition to the existing multifamily income, the site also presents long-term redevelopment potential under the Live Local Act with the ability to develop approximately 85+ units.

Address Map
State:
FL
County:
Broward
City:
Hollywood
Zipcode:
33020
Street:
1730-1734 Fletcher St, Hollywood, Florida 33020
Longitude:
W81° 50' 42.8''
Latitude:
N25° 59' 48.8''
MLS Addon
Building Area:
4,888 Sqft
Cumulative DOM:
5
DOM:
2
Internet Address Display:
1
Internet Listing Display:
1
Parcel Number:
514222090151
Structure Type:
Multi Family
Tax Annual Amount:
$31,249
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Commercial Sale For Sale

1730-1734 Fletcher St, Hollywood, Florida 33020, Hollywood, Florida 33020

16,379 Sqft
$2,000,000
MLS # #A12023459
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$2,000,000
Year Built :
1956
Lot Area :
16,379 Sqft
MLS # :
A12023459
Property Sub Type :
Multi Family
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