Shovel-Ready Multifamily Development Opportunity – Fully Approved 42-Unit Project in Hollywood / 2022-2026 Fletcher. An exceptional opportunity for developers to acquire a shovel-ready site with approved plans for a contemporary 5-story, 42-unit multifamily development. The project consists of 32 (1/1) units and 10 (2/2) units, with 58 parking spaces, a state-of-the-art fitness center, and a rooftop common area offering panoramic views. Strategically located in the heart of Hollywood, this site is ideally positioned to meet the surging demand for high-quality residential rental units in one of South Florida’s fastest-growing submarkets. Residents will enjoy unmatched access to downtown Hollywood, world-class beaches, vibrant dining and entertainment options, and nearby casino destinations.
2022 Fletcher St, Hollywood, FL, 33020
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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