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- $1.5M Price
- 5,302 Sqft
- .12 Acres
6204 Dewey St
Seller will entertain offers. Price reduced. The subject property is 2contiguous 4plexes located in central Hollywood & 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 where over 70% of the new residential supply set to be delivered will be luxury rentals. The subject provides an opportunity to take advantage of the value add by repositioning the asset
Essential Information
- MLS® #F10432430
- Price$1,450,000
- Bathrooms0.00
- Square Footage5,302
- Acres0.12
- Year Built1964
- TypeCommercial
- StatusActive-Available
Community Information
- Address6204 Dewey St
- Area3070
- CityHollywood
- CountyBroward County
- StateFL
- Zip Code33023-1811
Interior
- # of Stories1
- Stories1
Exterior
- RoofComp Shingle Roof
- ConstructionConcrete Block Construction
Additional Information
- Listing Courtesy ofMedia Realty
- ZoningRS-6
Price Change History for 6204 Dewey St, Hollywood, FL (MLS® #F10432430)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,500,000 to $1,450,000 | ||
| Price Reduced from $1,550,000 to $1,500,000 | ||
| Price Reduced from $1,575,000 to $1,550,000 | ||
| Price Reduced from $1,600,000 to $1,575,000 |
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