6208 Dewey St Hollywood, FL 33023
Overview
- Status: Active
- Bed(s) No info
- Bath(s) 0
- Half Bath(s) 0
- Parking No info
- Size: 10,604 ft2/985.14 m2
- Price Per: $136.74 ft2/$1,471.87 m2
- Type: Multifamily
- Built: 1964
- HOA: No info
- MLS Number: F10457616
- View No info
- On Site: 96 days
- Updated: Listing Refreshed: 53 Days Ago
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 |
Contact Information
This property is courtesy of the Media Realty. 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.