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6208 Dewey St, Hollywood, FL – $1,450,000

  • $1.5M Price
  • 1,826 Sqft
  • $1.5M Price
  • 1,826 Sqft

6208 Dewey St

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.

Essential Information

  • MLS® #F10457616
  • Price$1,450,000
  • Bathrooms0.00
  • Square Footage1,826
  • Year Built1964
  • TypeResidential Income
  • Sub-TypeFourplex
  • StyleAttached
  • StatusActive-Available

Community Information

  • Address6208 Dewey St
  • Area3070
  • Subdivisiontwo 4plexes
  • CityHollywood
  • CountyBroward County
  • StateFL
  • Zip Code33023-1811

Amenities

  • Parking Spaces12

Interior

  • HeatingWindow/Wall
  • CoolingWall/Window Unit Cooling
  • # of Stories1
  • Stories1

Exterior

  • Lot DescriptionLess Than 1/4 Acre Lot
  • RoofComp Shingle Roof
  • ConstructionConcrete Block Construction

Additional Information

  • Listing Courtesy ofMedia Realty
  • ZoningRS-6
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Price Change History for 6208 Dewey St, Hollywood, FL (MLS® #F10457616)

Date Details Change
Price Increased from $750,000 to $1,450,000 $700,000 (93.33%)

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