1933 Dewey St
Hollywood, FL 33020
1933 Dewey St | 4plex | Mid-Core · Immeuble residentiel Propriété À vendre · 4 Unités

The subject is located one block west of Federal Highway and just south of Downtown Hollywood which was once a quiet, suburban strip along Federal Highway and Young Circle. The neighborhood is now emerging as a spirited urban corridor. Anchored by high-profile mixed-use developments, funded by institutional capital, and energized by spillover from Aventura and Hallandale Beach, the region is experiencing classic gentrification with $1.0 Billion in new and future developments and investment.
The property consists of 4 units: (3/2)*, (2/1), and 2 (1/1) apartments in 2 buildings that are well maintained and strategically located to take advantage of the vibrant redevelopment of downtown Hollywood and an exceptional neighborhood for residential income properties which offers strong rental demand. The units are fully rented each with a one-year lease with staggered expiration dates. The property is generating $8,145 monthly.
Property Highlights:
All Apartments have been renovated throughout
9 Parking Spaces, a Rarity in East Hollywood Where Each Apartment Has 2 Parking Spaces.
Colored Concrete Driveway Rear Parking Lot (2017)
Gated Community with a Beautifully Manicured Courtyard
New Roof – West Building
Laundry Facility
Located within an Opportunity Zone of Parkside which provides zero capital gains under certain conditions if purchased before Dec 31, 2026
* Call for disclosure