1730-1734 Fletcher Street, Hollywood, FL 33020

Listing Snapshot

Price

$2,000,000

Days on Site

2 Days

Bedrooms

0

Total Baths

0

Total Sq Ft

4,888 sqft

Lot Size

0.38 Acres

Year Built

1956

Property Type

Commercial

MLS #

A12023459

Property Tax

$31,249

County

Broward

Status

Active

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.

General Features

Property Type

Commercial

Status

Active

Year Built

1956

Lot Size (Acres)

0.38

Total Sq Ft

4,888

Zoning

FH-1

Community & HOA

MLS Area

3030