1858 Dewey Street, Hollywood, FL 33020 (MLS# A12067236)

1858 Dewey Street, Hollywood, FL 33020

$2,050,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12067236

Property Type: Residential Income Square Footage: 3,632 Status: Active

Current Price: $2,050,000 List Date: 7/27/2026 Last Modified: 10/27/2026

Overview

Description

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.Si ... (Read more)

Listing Details MLS# A12067236

General Property Information

Number Of Units Total: Yes
Property Sub Type: Quadruplex
Building Area Main: 3632
Living Area Main: 3632
Adjusted Area Main: 3632
Year Built: 1964
Parking Total: 14
Stories Total: 2
Pool Private YN: No

Property Features

Documents Available: Financial Statement; Investment Analysis Flooring: Other Structure Type: Multi Family Construction Materials: Block Cooling: Ceiling Fan(s); Wall/Window Unit(s) Heating: Electric Listing Terms: Assumable; Cash; Conventional Possession: Close Of Escrow Roof: Other Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available Showing Requirements: 24 Hour Notice; Call Listing Agent Unit 1 Parking Features: Open Parking Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 2400000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 1858
Street Name: Dewey
Street Suffix: Street
City Name: Hollywood
State Or Province: FL
Postal Code: 33020
Postal Code +4: 6068
Postal Zip: 33020
Subdivision Name: HOLLYWOOD SOUTH SIDE ADD
Area: 3050
Geographic Area: HWEA - Hollywood East (3010-3050)
Elementary School: Colbert
High School: South Broward
Parcel Number: 514222102180
Subdivision Number: 10
Zoning: PS-1
Flood Zone: AE,X

Financial Information

Tax Annual Amount: 38289
Tax Year: 2025
Tax Legal Description: HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 29,30 BLK 11

Status Change Information

Major Change Timestamp: 2026-10-27T14:56:42Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-27T14:56:42Z
Status Change Date: 2026-08-07

More Information

Income and Expenses

Gross Income: 20446

Unit 1 Details

Actual Rent: 20446
Baths Full: 12
Efficiency YN: No

Unit 1 Lease Description

Currently Leased YN: Yes

Price Calculations

Current Price To SqFt: 564.42

Section Details

Parcel Number MLX: 2180

Originating Details

Originating System Key: 543974223
Originating System ID: M00000151

Listing Office: Corte Real Estate Group LLC

Last Updated: October - 27 - 2026

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