2018 Fletcher St, Hollywood, FL 33020 — MLS photo

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2018 Fletcher St, Hollywood, FL 33020

Active · SingleFamilyResidence

$995,000

2018 Fletcher St, Hollywood, FL 33020

Beds
2
Baths
1
Living area
1,270 sq ft
$ / sq ft
$783/sq ft
Year built
1949
Lot size
6,499 sq ft
HOA fee
—
Annual tax
—

About this property

Excellent INVESTMENT and/or an AMAZING DEVELOPMENT OPPORTUNITY awaits the perfect vision. In the beautifully tree-lined streets of Parkside is the gem of Hollywood. Conveniently in the heartbeat of it all, with a smattering of single-family homes of assorted architectural styles and a lovely mix of multiplexes and small boutique style buildings. This property can be developed up to 14-stories. Currently, a Mid-Century modern 2-Bed/1-Bath Pool home w/ lush landscaping, easily converts to a 3-Bed/2-Bath adding wall & turning the laundry rm into a bath -making a Primary Suite. Setbacks only 10-ft from the front and back. A must see for both investor & home owner alike, endless ROI potential. Walking distance to restaurants, nightlife, bars, cafes, and the Arts & Entertainment district

Property location

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2018 Fletcher St, Hollywood, FL 33020

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Facts & features

Interior

Bedrooms
2
Bathrooms
1
Living area
1,270 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1949
Lot size
6,499 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
A11380195
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$2,353

Cap rate
2.9%
Net yield
2.9%
Cash-on-cash return
-10.1%
Gross yield
6.1%
Mortgage payment
$4,717/mo
Down payment
$248,750
Loan amount
$746,250
Annual NOI
$28,368

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.