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$1,450,000 • living size area 1826 sqft
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.Gelfand Realty Miami Properties for Sale - Business Opportunity for Sale
Back to Search 6208 DEWEY ST, HOLLYWOOD, FL 33023
Business Opportunity - two 4plexes for Sale
6208 DEWEY ST, HOLLYWOOD, FL 33023
Asking Price$1,450,000
Share by:
- Living 1826sqft
- Year Built 1964
-
Days on market:
17 day(s) -
Price per sqft:
$794.09 Tax Legal Description:
BEVERLY PARK 25-44 B LOT 23 BLK 14Tax Year:
2024-
MLS:
F10457616 -
Property Type:
Business Opportunity -
Style:
Fourplex
Construction Type:
Concrete Block ConstructionCooling Description:
Wall/Window Unit CoolingHeating Description:
Window/WallFloor Description:
Ceramic FloorSewer Description:
Septic TankLot Features:
Less Than 1/4 Acre LotType of Association:
None
