1730-1734 Fletcher Street,Hollywood, FL 33020
Hollywood, FL 33020
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.
Details
| MLS # | A12023459 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1956 |
| Days On Site | 112 |
| Listing Provided By | RE/MAX 5 Star Realty | John DeMarco |
Features
| SQ Feet | 4,888 |
|---|---|
| Zoning | FH-1 |
| Acreage | 0.38 |
Taxes
| Tax Annual Amount | 31249 |
|---|
Area Information
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3030 |
| Listing VS Median (in 33020) | |
Price: $2,000,000 low | high Med: $7,600 sqft: 4,888 low | high Med: 12,507 $ / sqft: $409 low | high Med: $1 On site: 112 low | high Med: 201 | |
Market Activity 33020
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Learn More About This Property
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3030 |
| Listing VS Median (in 33020) | |
Price: $2,000,000 low | high Med: $7,600 sqft: 4,888 low | high Med: 12,507 $ / sqft: $409 low | high Med: $1 On site: 112 low | high Med: 201 | |
