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1858 Dewey Street

Hollywood, FL 33020
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Bed 12

Bed

Bath 12

Bath

SqFt3,632

Sqft

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.Legall y 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,400,000

AD Id : 89215323

MLS Id : A12067236

Beds : 12

Living Area Size : 3,632

Year Built : 1964

County : Broward

Subdivision: Hollywood Hills 6 22

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Feature Features

  • Interior Features

    Roof: Other
  • Heating & Cooling

    Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: CeilingFans, WallWindowUnits

  • Building Information

    Year Built: 1964
    Building Area Total: 3632
    Construction Materials: Block
    Private Pool: No

  • Lot Information

    Lot Description: QuarterToHalfAcreLot

    Property Information

    Subdivision: HOLLYWOOD SOUTH SIDE ADD Source Property Type: ResidentialIncome Postal Code Plus 4: 6068 Property SubType: Quadruplex Property Age: 62

  • Listing Price Information

    Listing Price: $2400000
    Assumable, Cash, Conventional

  • Tax Information

    Parcel Number: 514222102180 Tax Year: 2025 Annual Tax: $38289 Tax Legal Desc: HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 29,30 BLK 11

  • Parking Information

    Parking Total: 14

  • School Information

    Elementary School: Colbert Junior High School: Senior High School: South Broward
  • Utility Information

    CableAvailable
  • Location Information

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Nearby Home Value

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1123 N 17th Avenue, Hollywood, FL, 33020 $875,000 3 2 1,540 1,540 SqFt
1734 N 16th Court, Hollywood, FL, 33020 $599,000 3 2 1,926 1,926 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/10/2026 @ 09:54

MLS: A12067236 LISTED BY: Ugo Cortesano, Corte Real Estate Group LLC 305-534-6679 SOURCE: Beaches MLS

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