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    2022 Fletcher St Hollywood, FL 33020

    For Sale
    $2,900,000

    Shovel-ready site with approved plans for 42-unit multifamily development.

    Lot size:
    0.30 Acres

    Property Features for 2022 Fletcher St

    General Information

    Lot size
    0.30 Acres

    Source: Worth International Realty, Inc Agent Teresa Rios

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Approved Multifamily Project in Hollywood

    This is a shovel-ready multifamily development opportunity with approved plans for a contemporary 5-story, 42-unit multifamily development. The project consists of 32 one-bedroom, one-bathroom units and 10 two-bedroom, two-bathroom units, with 58 parking spaces. It features a fitness center and a rooftop common area. Located in Hollywood, this site is positioned to meet the demand for residential rental units. Residents will have access to downtown Hollywood, beaches, dining and entertainment options, and nearby casinos.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1474788
    Latitude
    25.9972474

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    FAQs

    What type of property is this?
    Apartment building - Shovel-ready site with approved plans for 42-unit multifamily development.
    Where is this apartment building located?
    The property is located at 2022 Fletcher St Hollywood, FL.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Shovel-Ready: Acquire a fully approved 42-unit multifamily development site, ready for immediate construction.; - Approved Plans: Benefit from pre-approved plans for a contemporary 5-story building, streamlining the development process.; - Prime Location: Located in the heart of Hollywood, offering access to downtown, beaches, dining, and entertainment.
    (305) 733-0706
    Request Owner's contact information
    2022 Fletcher St Hollywood, FL 33020
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    Hollywood, FL 33020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2022 Fletcher St Hollywood, FL 33020
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