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1843 Dewey
Hollywood, FL 33020
Multifamily Property For Sale
·
27 Units


Investment Highlights
- 27-unit multifamily asset in Hollywood’s Parkside neighborhood
- Strong comparable rent support within 0.5-mile radius
- Value-add potential with minimal upgrades needed
- Located in established rental corridor with consistent demand
Executive Summary
1843 Dewey Street presents the opportunity to acquire a 27-unit multifamily asset located in the Parkside neighborhood of Hollywood, Florida. Positioned in one of Broward County’s most active rental corridors, the property benefits from strong local demand, limited new construction in the immediate area, and proximity to major employment, retail, and transportation hubs. Originally constructed in the mid-1950s, the property consists of a two-story garden-style apartment community with a unit mix heavily weighted toward studios, offering attainable rental product in a supply-constrained submarket. The asset has historically maintained full occupancy, reflecting consistent renter demand and strong in-place operations. The offering presents investors with the ability to implement a value-add strategy through interior upgrades, operational efficiencies, and rent alignment to market comparables.
Property Facts
| Sale Type | Investment | Lot Size | 0.37 AC |
| No. Units | 27 | Building Size | 7,586 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1955 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | RM-18 - Residential Multi-Family | ||
| Sale Type | Investment |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 7,586 SF |
| No. Stories | 2 |
| Year Built | 1955 |
| Opportunity Zone |
Yes |
| Zoning | RM-18 - Residential Multi-Family |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Kitchen
- Oven
- Range
- Wi-Fi
- Yard
- Freezer
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Storage Space
- Bicycle Storage
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 24 | - | - |
| 1+1 | 1 | - | - |
| 2+1 | 1 | - | - |
| 2+2 | 1 | - | - |
Property Taxes
| Parcel Number | 51-42-22-10-2200 | Improvements Assessment | $4,270,006 CAD |
| Land Assessment | $200,018 CAD | Total Assessment | $4,470,024 CAD |
Property Taxes
Parcel Number
51-42-22-10-2200
Land Assessment
$200,018 CAD
Improvements Assessment
$4,270,006 CAD
Total Assessment
$4,470,024 CAD
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