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1730-1734 Fletcher St 8 Unit Apartment Building $2,749,920 CAD ($343,740 CAD/Unit) 4.57% Cap Rate Hollywood, FL 33020
Investment Highlights
- Multifamily Investment Opportunity
- Strong In-Place Income with 5% Actual CAP Rate
- Perfect for an Investor or Developer
- Prime Hollywood Location, Minutes to Downtown and Near Federal Highway & I-95
- Future Live Local Redevelopment Potential and Can build up to 85+ Units
Executive Summary
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 future long-term redevelopment oportunity under the Live Local Act with the ability to develop approximately 85+ units.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$166,849
|
$10.19
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$41,095
|
$2.51
|
| Net Operating Income |
$125,754
|
$7.68
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $166,849 |
| Annual Per SF | $10.19 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $41,095 |
| Annual Per SF | $2.51 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $125,754 |
| Annual Per SF | $7.68 |
Property Facts
| Price | $2,749,920 CAD | Building Class | C |
| Price Per Unit | $343,740 CAD | Lot Size | 0.37 AC |
| Sale Type | Investment | Building Size | 16,379 SF |
| Cap Rate | 4.57% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1956 |
| Property Subtype | Apartment | Parking Ratio | 0.61/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | RM-12, Hollywood - Multifamily | ||
| Price | $2,749,920 CAD |
| Price Per Unit | $343,740 CAD |
| Sale Type | Investment |
| Cap Rate | 4.57% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 16,379 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1956 |
| Parking Ratio | 0.61/1,000 SF |
| Zoning | RM-12, Hollywood - Multifamily |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 51-42-22-09-0151 | Improvements Assessment | $0 CAD (2026) |
| Land Assessment | $0 CAD (2026) | Total Assessment | $1,759,635 CAD (2026) |
Property Taxes
Parcel Number
51-42-22-09-0151
Land Assessment
$0 CAD (2026)
Improvements Assessment
$0 CAD (2026)
Total Assessment
$1,759,635 CAD (2026)
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1730-1734 Fletcher St
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