6208 Dewey Street
$750,000
—
1,826
1,826
$411
Description
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...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.
- Listed by Peter Dacko • Media Realty
Property Details for 6208 Dewey Street
Subdivision Name
two 4plexes
StyleFourplex
WaterfrontNo
LISTING UPDATED: 08/22/2024 03:40 PM
Property Details for 6208 Dewey Street
Status | Active |
---|---|
MLS # | F10457616 |
Days on Market | 28 |
Taxes | $25,174 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Fourplex |
Year Built | 1964 |
Lot Size | - |
County | Broward County |
Building Information for 6208 Dewey Street
Stories-Residences-Year Built1964Building Size-Lot Size-
Property Information for 6208 Dewey Street
Property History for 6208 Dewey Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 6208 Dewey Street
This home is within Broward.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 6 |
Rating | School | Distance |
---|---|---|
Orange Brook Elementary School PublicPK to 5 | ||
Apollo Middle School Public6 to 8 | ||
Mcarthur High School Public9 to 12 | ||
Somerset Academy East Preparatory CharterK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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