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.
Sold for $1,225,000
$1,225,000
6208 Dewey Street, Hollywood, FL 33023
8beds
16baths
1,826sqft
Quadruplex, Multi Family, Multi Family
Built in 1964
-- sqft lot
$1,204,300 Zestimate®
$671/sqft
$2,539 Estimated rent
Home value
$1,204,300
$1.07M - $1.36M
$2,539/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Peter Dacko III 954-232-7714,
Media Realty
Bought with:
Peter Dacko III, 0600065
Media Realty
Peter Dacko III, 0600065
Media Realty
Source: BeachesMLS,MLS#: F10457616
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 16
Heating
- Separate Meters, Wall Furnace
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Ceramic Tile
Interior area
- Total interior livable area: 1,826 sqft
Property
Features
- Patio & porch: Porch, Balcony
- Exterior features: Balcony
Lot
- Size: 10,604 Square Feet
- Dimensions: 10604
- Features: < 1/4 Acre
Details
- Parcel number: 514124142711
- Zoning: RS-6
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Block
- Roof: Composition,Shingle
Condition
- Resale
- New construction: No
- Year built: 1964
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: two 4plexes
HOA
- Has HOA: No
- Services included: Trash, Water
Location
- Region: Hollywood
Financial & listing details
- Price per square foot: $671/sqft
- Tax assessed value: $387,950
- Annual tax amount: $25,174
- Date on market: 8/23/2024
- Cumulative days on market: 55 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2024 | Sold | $1,225,000-15.5%$671/sqft |
Source:  BeachesMLS #F10457616 Report a problem | ||
| 10/3/2024 | Price change | $1,450,000+93.3%$794/sqft |
Source: BeachesMLS #F10457616 Report a problem | ||
| 8/22/2024 | Listed for sale | $750,000+22%$411/sqft |
Source: BeachesMLS #F10457616 Report a problem | ||
| 10/2/2021 | Listing removed | -- |
Source:  MIAMI #A10566724 Report a problem | ||
| 1/2/2021 | Listed for sale | $615,000$337/sqft |
Source: MIAMI #A10566724 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Beverly Park
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Nearby schools
GreatSchools rating
- 6/10Orange Brook Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 6/10Apollo Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Mcarthur High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$1,204,300
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,204,300
- Florida
- Broward County
- Hollywood
- 33023
- Beverly Park
- 6208 Dewey Street
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