1730-1734 Fletcher St, Hollywood, FL 33020

$2,000,000

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List Price
$2,000,000
MLS#
A12023459
Status
ACTIVE
Type
Commercial

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.

Additional Information

Days on Market
70
Tax Amount
$31,249
Parcel Number
514222090151
Lot Size
16,379
Address
1730-1734 Fletcher St, Hollywood
Year Built
1956
Section
22

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Listing Courtesy of RE/MAX 5 Star Realty, Contact: