| MLS# F10457616 6208 Dewey St 33023

Overview

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: 99 days
Updated: 57 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.

Price 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

School Information
Elementary School: No info
Middle School: No info
High School: No info

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)

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Area Specialist

Buyer/Tenant Etiquette

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Tracey Schmitt

Real Estate Advisor

Office: (305) 407-1657

Email: tracey@bestofluxuryrealty.com

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.

Special Markers:

*Just Listed: New properties that came on the market within the last 15 days.
*Decrease/Increase: Listing values that are being calculated based on recorded price changes.
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