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1849 Dewey St
Hollywood, FL 33020 Parkside

$1,100,000 USD

Apartments For Sale • 3,124 SF

Property Details

Property Type Apartments
Total Building Size 3,124 SF
Lot Size 0.12 AC
Building Class C
Year Built 1954
Cap Rate 6.26 %
Zoning PS-1

43 Transit Score

83 Walk Score

                
                    Highlights
                
                                Unit Mix: Three (3) Units are Large 2 Bed/1 Bath & (1) Unit is a Large 1 Bed/1 Bath, Over 800 sqft Units
                            
                                Units are Well Maintained, Brand New Roof was completed in 2024.
                            
                                Potential Gross Income of $103,200 Annually at Market Rates, Over 7% Cap Rate! Currently Operating at 6.26% Cap Rate
                            
                                2 Minutes Away from Young Circle, Shopping, Restaurants, Bars and Beaches

Property Flyers

1849 Dewey St Flyer

Financial Summary (Proforma)

Net Operating Income: $78,200 USD (2025)

Cap Rate:	6.26 %
Total Expenses:	$25,000 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	5 min	-	2.2 mi
Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	7 min	-	3.4 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	13 min	-	7.3 mi
Miami International	41 min	-	24.1 mi

Elior Levi 954-743-7594 Fausto Commercial Realty Consultants

1849 Dewey St Hollywood, FL 33020 Parkside