1858 Dewey Street, Hollywood, FL 33020

$2,400,000 · Active

  • 0 baths
  • 3,632 sq ft
  • Quadruplex
  • Built 1964
  • MLS# A12067236
  • Hollywood South Side Add
Photo 1 at 1858 Dewey Street, HollywoodPhoto 2 at 1858 Dewey Street, HollywoodPhoto 3 at 1858 Dewey Street, Hollywood

About this home

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.Situated on approximately 0.25 acres within an Opportunity Zone, the site may offer future redevelopment potential of up to five stories, subject to independent verification and governmental approvals.Located near Downtown Hollywood, ArtsPark at Young Circle, Hollywood Beach, major roadways, public transportation, dining, shopping, and Fort Lauderdale-Hollywood International Airport, 1858 Dewey Street combines immediate income with long-term growth potential.

Schools

  • Elementary: Colbert
  • High: South Broward

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Corte Real Estate Group LLC · Listing agent: Ugo Cortesano

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 1858 Dewey Street.

Questions About 1858 Dewey Street

How much is 1858 Dewey Street?
1858 Dewey Street is listed at $2,400,000, which is about $661 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 1858 Dewey Street?
The listing reports annual property taxes of $38,289 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 1858 Dewey Street built?
1858 Dewey Street was built in 1964 and the listing describes its condition as . Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 1858 Dewey Street been on the market?
1858 Dewey Street has been listed for 58 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 1858 Dewey Street?
The MLS lists Colbert (elementary), South Broward (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 1858 Dewey Street?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The home at 2020 Washington Street, Hollywood, FL 33020 is comparable and listed for sale at $2,490,000. Other Hollywood neighborhoods include Hollywood Hills and Hollywood Little Ranches. Nearby ZIP codes include 33019 and 33021. This property also neighbors Aventura, Sunny Isles Beach, and Bal Harbour. Compare it with the Hollywood housing market report.