1730-1734 Fletcher St, Hollywood FL 33020
Hollywood, FL 33020
$2,000,000
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- Price
- $2,000,000
- Building size
- 4,888
- Property type
- Income/MultiFamily
- Year built
- 1956
- Lot size (sq ft)
- 16,379
- MLS number
- A12023459
This listing is courtesy of RE/MAX 5 Star Realty, 954-361-0000.
About this property
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.
Details
- Property type
- Income/MultiFamily
- Year built
- 1956
- Lot size (sq ft)
- 16,379
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC