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Land with Development Potential
For Sale
$790,000

1741 Dewey Street, Hollywood, FL 33020

13,550 SF land near downtown Hollywood with development potential.

Property SizeContact for details
Lot Size0.31 Acres
Days on Market221

Property Features for 1741 Dewey Street

General Information

Standard status Active
Lot size 0.31 Acres
Property subtype Land
Lease Term []
Listing Agency: One Sotheby's International Realty
Listed By: Graziela Machado · License #3106227
Source: Onesothebysrealty
Added: Mar 10 Changed: Oct 15 Last Checked: Oct 14 at 11:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One Sotheby's International Realty

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Investment Insights

Based on property information with market context.

This property features 13,550 square feet of land, consisting of two parcels zoned FH-2, located east of Federal Highway near Young Circle in downtown Hollywood, Florida. It is situated approximately 15 minutes from Fort Lauderdale International Airport, surrounded by well-maintained buildings, with new projects planned for the area. One of the parcels includes a fourplex building in good condition, with two recently renovated units, generating approximately $6,000 per month in income while development is underway. Architectural plans have been developed by Kaller Architecture for a 24-unit multi-family building, featuring 12 two-bedroom, two-bathroom units, 4 one-bedroom, one-and-a-half-bathroom units, and 8 one-bedroom, one-bathroom units, with a swimming pool over structured parking, and a gym and social room on the rooftop. The plans include layouts and elevations, but engineering plans are not yet complete, and have not been submitted to the City of Hollywood for preliminary review. The properties are sold together.

Key Highlights

  • Prime location EAST of Federal Hwy, near Young Circle in Downtown Hollywood
  • Approved architectural plans by Kaller Architecture for a 24‑unit multi‑family building
  • FH‑2 zoning allows for multi‑family development

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Fish Market Veterinary Clinic Clothing & Fashion Store Farmer's Market Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,163
Businesses Nearby

Demographics for 33020, FL

45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 13,550 SF land near downtown Hollywood with development potential.
Where is this residential land & home lot located?
The property is located at 1741 Dewey Street Hollywood, FL.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: Prime location EAST of Federal Hwy, near Young Circle in Downtown Hollywood; Approved architectural plans by Kaller Architecture for a 24‑unit multi‑family building; FH‑2 zoning allows for multi‑family development
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