1858 Dewey St, Hollywood, FL 33020
As of , this home is for sale at $2,400,000 ($661 per sq ft). It was listed on .
MLS data updated .
Key facts
- Type
- Home
- Year built
- 1964
- Property tax
- $38,289 (2025)
- Waterfront
- No
- Cooling
- Ceiling Fans, Wall Window Units
- Heating
- Electric
- MLS number
- A12067236
Listing information
Listing courtesy of Corte Real Estate Group LLC, 305-534-6679, ucortesano@gmail.com
Listing agent: Ugo Cortesano, ucortesano@gmail.com
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MIAMI MLS. Listing data from MIAMI MLS (South East Florida Regional MLS). Information is deemed reliable but not guaranteed.
Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.
Listing last changed .
From the listing
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.
The text above is the listing description from the MLS, as written by the listing agent.
The Hollywood market
As of , the median asking price in Hollywood is $499,000, or $395 per sq ft, across 1,671 listings for sale. The median listing for sale there has been on the market for 93 days.
Price and status history
- Listing date
- Days on market
- 86
- Original list price
- $2,400,000
- Price changes
- 0
| Date | Event | Price |
|---|---|---|
| Listed | $2,400,000 |
From the MLS. RealVista does not show sold prices.
