6208 Dewey Street

Hollywood, FL 33023

$750,000
Price
Beds
1,826 Sq. Ft.
$411 / Sq. Ft.
1,826
Sq. Ft.
$411
per Sq. Ft.

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.
  1. Listed by Peter Dacko • Media Realty

Property Details for 6208 Dewey Street

Subdivision Name
two 4plexes
Style
Fourplex
Waterfront
No
LISTING UPDATED: 08/22/2024 03:40 PM

Property Details for 6208 Dewey Street

StatusActive
MLS #F10457616
Days on Market28
Taxes$25,174 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1964
Lot Size-
CountyBroward County

Building Information for 6208 Dewey Street

Stories-Residences-Year Built1964Building Size-Lot Size-

Property Information for 6208 Dewey Street

General Information
General Information
  • Sq Ft Liv Area: 1826.0
  • Information Available: Investment Analysis
  • Township Range: 5141
  • Street Number Numeric: 6208
  • Street Number: 6208
  • Street Name: Dewey St
  • County Or Parish: Broward County
  • Postal Code: 33023
  • City and Location Text: Hollywood
  • Pets On Premises YN: No
  • City Postal ID: 33023
Maintenance / Tax Information
  • Tax Amount: $25,174
  • Tax Information: Tax Reflects City & County Tax
  • Tax Year: 2024
Building Information
  • Property Type: Residential Income
  • Property Type Information: Attached
  • Subdivision Complex Bldg: two 4plexes
  • Type of Property: Fourplex
  • Year Built Numeric: 1964
  • Year Built Description: Resale
  • MLS Area: 3070
Virtual Tour / Features / Utilities
Interior
  • Floor Description: Ceramic Floor
  • Flooring: Ceramic Floor
Exterior
  • Construction Type: Concrete Block Construction
  • Pool: No
  • Roof Description: Comp Shingle Roof
  • Construction: Concrete Block Construction
  • Roof: Comp Shingle Roof
Waterfront
  • Water Description: Municipal Water
Utilities
  • Cooling Description: Wall/Window Unit Cooling
  • Heating Description: Window/Wall
  • Cable Available: Yes
  • Separate Meter: Yes
  • Sewer Description: Septic Tank
Property / Lot Information
Building Information
  • Unit Count: 1
  • Type of Association: None
  • Zoning Information: RS-6
  • Num Parking Spaces: 12
  • Num Stories: 1
Community Information
  • Development Name Free Text: two 4pleses $750K Ea
  • Gated Community YN: No
  • Property Management: No
Location Information
  • Area: 3070
  • County Land Code: 08
  • Geographic Area: Hollywood Central (3070-3100)
  • Parcel Number Free Text: 514124142711
  • Section: 24
  • State: FL
Lot Information
  • Approximate Lot Size: 10604
  • Lot Description: Less Than 1/4 Acre Lot
Multi Family Information
Income Information
  • Gross Rent Income: $67,300
  • Net Operating Income: $36,999
Rent Information
Rent Information
  • Rent Includes: Trash Removal, Water

Property History for 6208 Dewey Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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6208 Dewey Street is a multi-family home for sale in Hollywood, FL 33023. This property was listed for sale on August 22, 2024 by Media Realty, it's currently listed at $750,000. This listing's school district is Broward. Nearby schools include Orange Brook Elementary School, Apollo Middle School and Mcarthur High School. 6208 Dewey Street is a 0-bed, 0-bath, 1,826 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Media Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.