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1730-1734 Fletcher St Hollywood, FL 33020
4,888 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,888 sqft
Price per Sqft $409
MLS Listing ID A12023459
HOA Y/N No
Year Built 1956
Annual Tax Amount $31,249
Lot Size 0.376 Acres
Property Sub-Type Multi Family
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.
Location
State FL
County Broward
Area 3050
Exterior
Private Pool Yes
Others
Tax ID 514222090151
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12023459
Listed by RE/MAX 5 Star Realty