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1858 Fletcher St - Multifamily Development | 18 Units Approved 0.19 Acres of Residential Land in Hollywood, FL 33020
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$550,000
|
$2,956,989.25
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$11,000
|
$59,139.78
|
| Effective Gross Income |
$539,000
|
$2,897,849.46
|
| Taxes |
$75,000
|
$403,225.81
|
| Operating Expenses |
$42,000
|
$225,806.45
|
| Total Expenses |
$117,000
|
$629,032.26
|
| Net Operating Income |
$422,000
|
$2,268,817.20
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $550,000 |
| Annual Per AC | $2,956,989.25 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | $11,000 |
| Annual Per AC | $59,139.78 |
| Effective Gross Income | |
|---|---|
| Annual | $539,000 |
| Annual Per AC | $2,897,849.46 |
| Taxes | |
|---|---|
| Annual | $75,000 |
| Annual Per AC | $403,225.81 |
| Operating Expenses | |
|---|---|
| Annual | $42,000 |
| Annual Per AC | $225,806.45 |
| Total Expenses | |
|---|---|
| Annual | $117,000 |
| Annual Per AC | $629,032.26 |
| Net Operating Income | |
|---|---|
| Annual | $422,000 |
| Annual Per AC | $2,268,817.20 |
Property Facts
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.19 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Residential | ||
| Zoning | MF - Multifamily Hollywood | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.19 AC |
| Opportunity Zone |
Yes |
| Zoning | MF - Multifamily Hollywood |
1 Lot Available
Lot
| Lot Size | 0.19 AC |
| Lot Size | 0.19 AC |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Fairly bikeable
40/100
1 of 2
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1858 Fletcher St - Multifamily Development | 18 Units Approved
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