6208 Dewey St
Hollywood, FL 33023
-- Bed-- Bath1,826 Sq Ft94 Days on Market
For Sale $1,450,000
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Courtesy of Media Realty
Listing Agent & Comments
The subject property is two contiguous fourplexes listed for $750,000 each ($1.5 Million total) located in west portion of Hollywood and contains eight (1/1) apartments. The property presents itself as a value-add opportunity due to the rents being approximately over 50% below market value with each unit renting at approximately $1000 per month. Market rent is estimated at $1500 per month. Hollywood is experiencing a tremendous renaissance with the majority of new construction consisting of residential development. The area is considered to have the 2nd largest supply pipeline across all Fort Lauderdale submarkets. The subject property provides a unique opportunity to take advantage of the strong demographics and demand whereby creating value by repositioning the asset.
MLS# F10457616 • Data provided by RAPB/GFLR
Living Area | 1,826 Sq.Ft. |
---|---|
Lot Size | 5,301 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 1 |
Year Built | 1964 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Data provided by RAPB/GFLR.
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This property is missing data for:
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HouseCanary, Inc. Brokerage
6208 Dewey St., Hollywood, FL 33023
Multifamily-- Bed-- Bath1,826 Sq Ft94 Days on Market
Listing Agent & Comments
The subject property is two contiguous fourplexes listed for $750,000 each ($1.5 Million total) located in west portion of Hollywood and contains eight (1/1) apartments. The property presents itself as a value-add opportunity due to the rents being approximately over 50% below market value with each unit renting at approximately $1000 per month. Market rent is estimated at $1500 per month. Hollywood is experiencing a tremendous renaissance with the majority of new construction consisting of residential development. The area is considered to have the 2nd largest supply pipeline across all Fort Lauderdale submarkets. The subject property provides a unique opportunity to take advantage of the strong demographics and demand whereby creating value by repositioning the asset.
MLS# F10457616 • Data provided by RAPB/GFLR
Living Area | 1,826 Sq.Ft. |
---|---|
Lot Size | 5,301 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 1 |
Year Built | 1964 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Data provided by RAPB/GFLR.
We’ll connect you with top agents in your area.
This property is missing data for:
Crime reports, forecast, and sale history
New
Do you own this home?
Access your homeowner dashboard
For Sale $1,450,000
Request tour
Save
Courtesy of Media Realty
6208 Dewey St
Hollywood, FL 33023
-- Bed-- Bath1,826 Sq Ft94 Days on Market
Listing Agent & Comments
The subject property is two contiguous fourplexes listed for $750,000 each ($1.5 Million total) located in west portion of Hollywood and contains eight (1/1) apartments. The property presents itself as a value-add opportunity due to the rents being approximately over 50% below market value with each unit renting at approximately $1000 per month. Market rent is estimated at $1500 per month. Hollywood is experiencing a tremendous renaissance with the majority of new construction consisting of residential development. The area is considered to have the 2nd largest supply pipeline across all Fort Lauderdale submarkets. The subject property provides a unique opportunity to take advantage of the strong demographics and demand whereby creating value by repositioning the asset.
MLS# F10457616 • Data provided by RAPB/GFLR
Living Area | 1,826 Sq.Ft. |
---|---|
Lot Size | 5,301 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 1 |
Year Built | 1964 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Data provided by RAPB/GFLR.
We’ll connect you with top agents in your area.
This property is missing data for:
Crime reports, forecast, and sale history
New
Do you own this home?
Access your homeowner dashboard
For Sale $1,450,000
Request tour
Save
Courtesy of Media Realty