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1730-1734 Fletcher St, Hollywood FL 33020

Commercial Sale

1730-1734 Fletcher St

Hollywood, FL 33020

ML#:A12023459
List Price:$2,000,000
Status:Active
Days on Market:17
Listing Brkr:RE/MAX 5 Star Realty
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:16379 sqft
Year Built:1956
Stories:

General Information

Type Property:Commercial Sale
Style:Income/MultiFamily
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33020
Subdivision:
Latitude:25.997512
Longitude:-80.141710

Financial Information

Annual Taxes:$31,249
Days on Market:17

Remarks

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.

Listing Agent

John DeMarco

RE/MAX 5 Star Realty

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 604-3276

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