6208 Dewey St
Hollywood, FL 33023
- – beds
- – baths
- 1,826 sqft
- $794 per sqft
- 1964 build
- – on site
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.
Listing courtesy of GFLR / Media Realty
Last checked:
Checking…
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Last updated Nov 5, 2024
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MLS# F10457616 —
The Building
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Year Built:1964
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Year Built Description:Resale
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Construction Type:Concrete Block Construction
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Style:Fourplex
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Roof Description:Comp Shingle Roof
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Unit Count:1
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# of Stories:1
Interior
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Floor Description:Ceramic Floor
Room Dimensions
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SqFt Living Room Area:1,826 Sqft
Financial & Terms
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Terms Considered:Cash, Conventional
The Property
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Type of Property:Fourplex
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Property Type:Residential Income
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Property Type Information:Attached
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Parcel Number:514124142711
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Approx Lot Size:10,604 Sqft
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Lot Description:Less Than 1/4 Acre Lot
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Zoning:RS-6
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Geographic Area:Hollywood Central (3070-3100)
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Waterfront Property:No
Listing Agent
- Contact info:
- Agent phone:
- (954) 232-7714
- Office phone:
- (954) 923-2325
Taxes
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Tax Year:2024
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Tax Amount:$25,174
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Tax Information:Tax Reflects City & County Tax
The Listing
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Information Available:Investment Analysis
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Auction:No
Heating & Cooling
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Cooling Description:Wall/Window Unit Cooling
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Heating Description:Window/Wall
Utilities
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Water Description:Municipal Water
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Sewer Description:Septic Tank
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Internet:Yes
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Cable Available:Yes
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Separate Meter:Yes
The Community
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Subdivision Name:two 4plexes
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Subdivision Complex Bldg:two 4plexes
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Gated Community:No
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Development Name:two 4pleses $750K Ea
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Pool:No
Parking
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# Parking Spaces:12
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/3/24
Oct 3, 2024
|
Price Changed | GFLR | $1,450,000 | 93.3% |
8/22/24
Aug 22, 2024
|
Listed / Active | GFLR | $750,000 |