Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: 1,826 ft2/169.64 m2
- Price Per: $794.09 ft2/$8,547.47 m2
- Type: Multifamily
- Built: 1964
- HOA: No info
- MLS Number: F10457616
- View No info
- On Site: 96 days
- Updated: 53 Days Ago
- Page Views: 2
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.
Contact AdvisorPrice History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 08/22/2024 | Listed | $1,450,000.00 | $136.74 ft2/$1,471.87 m2 |
Features
Property Details for 6208 Dewey St, Hollywood, FL 33023
Multifamily current status is Active, 6208 Dewey St is a Multifamily in , Hollywood, FL 33023 with property MLS ID# F10457616.
This Multifamily has been listed on Best of Luxury Realty since August 22, 2024 and is currently priced at 1,450,000. This property was built in 1964.
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms: 0
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Window/wall
- Cooling Description: No info
- Building and Construction
- Floor Description: Ceramic Floor
- Windows/Treatment: No info
- Construction Type: Concrete Block Construction
- Year Built: 1964
- Style: Fourplex
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: No info
- Subdivision Name: two 4plexes
- Property Type: Multifamily
- Property Subtype: Residential Income
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 08/22/2024
- Area: 3070
- Section: 24
- Brokered By: Media Realty
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $25,174.00 (2024)
Nearest Schools
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Property Price:
$1,450,000.00
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Area Specialist
Buyer/Tenant EtiquetteAdbutler placeholder
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
This property is courtesy of the Media Realty. This listing has been viewed 2 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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