1843 Dewey St

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Address: 1843 Dewey St, Hollywood, FL 33020, USA
Created date: February 4, 2025
Date last updated: February 4, 2025
  • Prime Location: Strategically positioned near downtown Hollywood, ensuring high tenant demand and access to amenities.
  • Income Potential: Studio units are rented for around $1,250/month, offering consistent cash flow opportunities.
  • Value-Add Opportunity: Potential for rent growth through property enhancements or strategic repositioning.
  • Desirable Amenities: Features like a swimming pool, controlled access, and proximity to entertainment make it attractive to renters.
  • Market Growth: Hollywood’s ongoing development supports long-term appreciation and investor returns.

Property Description

Located in the vibrant Parkside neighborhood, this well-maintained 27-unit apartment building offers an attractive investment opportunity at an asking price of $4.3M. The unit mix includes 25 studio apartments, one 1BD/1BR unit, and one 2BD/1BR unit. Residents enjoy access to a private pool and the convenience of being near Young Circle Park, dining, shopping, and public transportation. With its desirable location and strong rental demand, this property is perfect for investors seeking value in South Florida’s multifamily market.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $4,300,000
No. of Units: 27
Year Built: 1952
Lot Size: 0.37 Sq ft
Opportunity Zone: No
Price per unit: $159,259
Property Website Click Here
Address: 1843 Dewey St, Hollywood, FL 33020, USA
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