Active MLS listing · MLS #A12023459

1730-1734 Fletcher Street

Hollywood, FL, 33020

1 / 8

$2,000,000

-Beds

0Baths

4888SqFt

Property type: Multi Family
Subdivision: -
Year built: 1956

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 Courtesy of: RE/MAX 5 Star Realty
John@deMarcogroup.net

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