Quadruplex in 1858 Dewey Street, Hollywood, FL 33020 for sale with MLS# A12067236
CORTE REAL ESTATE GROUP, as exclusive advisor, is pleased to present 1858 Dewey Street, a compelling multifamily investment opportunity in Hollywood, Florida. The property offers a 6.69%+ capitalization rate, immediate cash flow, rental upside, and meaningful long-term redevelopment potential.Currently operated as 12 renovated, fully furnished studio residences, the property will be delivered fully occupied, providing a turnkey income-producing asset from day one. Each studio features split-system air conditioning, a flat-screen television, and a functional kitchen with dining space. The property operates under an all-inclusive rental structure, with Wi-Fi, electricity, and water included in the rent. Long-term tenants and annual leases support stable occupancy and consistent income.Legally recognized as nine units, the property currently operates as 12 studios through an existing flexible configuration with dividing doors, allowing certain spaces to be rented separately or combined.Situated on approximately 0.25 acres within an Opportunity Zone, the site may offer future redevelopment potential of up to five stories, subject to independent verification and governmental approvals.Located near Downtown Hollywood, ArtsPark at Young Circle, Hollywood Beach, major roadways, public transportation, dining, shopping, and Fort Lauderdale-Hollywood International Airport, 1858 Dewey Street combines immediate income with long-term growth potential.
1858 Dewey Street, Hollywood, FL 33020
- Price:
- $2,400,000.00
- Original List Price:
- $2,400,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $660.79
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- July 27, 2026 4:00 am
- Living Area:
- 3,632 Sqft
- Built-Up Area:
- 3,632 Sqft
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Ceiling Fan(s), Wall/window Unit(s)
- Heating
- Heating System:
- Electric
- Year Built:
- 1964
- Roof:
- Other
- Number of Units Total:
- 1
- Levels:
- Two
- Construction Materials:
- Block
- Flooring:
- Other
- Number of stories:
- 2
- Structure Type:
- Multi Family
- Number of Units in the Community or Building:
- 1
- Flood Zone Code:
- AE,X
- Tax Annual Amount:
- $38,289.00
- Tax Year:
- 2025
- Property Tax Details:
- City/County
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Subdivision Name:
- HOLLYWOOD SOUTH SIDE ADD
- Senior Community:
- No
- Documents Available:
- Financial Statement, Investment Analysis
- Listing Terms Considered by Seller:
- Cash, Conventional, Assumable (The financing currently in place may be assumed)
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 29,30 BLK 11
- Real Estate Folio Number (Parcel Number):
- 514222102180
- Zoning:
- PS-1
- Elementary School:
- Colbert
- High School:
- South Broward
- Active on the market since:
- July 27, 2026
- Listing Agreement executed on:
- July 27, 2026
- Listing Status Last Changed On:
- July 27, 2026 4:00 am
- Photos updated on:
- August 7, 2026 6:02 pm
- Last Modified:
- August 7, 2026 6:03 pm
- Courtesy of:
- Corte Real Estate Group LLC
- Attribution:
- Not provided
- Street Name:
- Dewey
- Street Number:
- 1858
- City:
- Hollywood
- State:
- Florida
- Zip Code:
- 33020
- County:
- Broward
- Latitude:
- N26° 0' 10.5''
- Longitude:
- W81° 51' 19.4''
- Street Suffix:
- Street
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
Ver la propiedad 1858 Dewey Street, Hollywood, FL 33020
