Renovated Studio Apartment
New
For Sale
$2,400,000
1858 Dewey St, Hollywood, FL 33020
Furnished studio residences offer an all-inclusive rental format with individual kitchens, dining areas, and split-system air conditioning.
Property Size3,632 SF
Days on Market5
Property Features for 1858 Dewey St
General Information
Standard status
Active
Size
3,632 SF
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$38,289
Building Details
Building Size
3,632 SF
Year Built
1964
Stories
2
Listing Agency:
(786) 942-3238
Listed By:
Ugo Cortesano
(786) 942-3238
Source:
Elliman
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 11 at 8:44AM
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 Ugo Cortesano
Investment Insights
Based on property information with market context.
Located at 1858 Dewey Street in Hollywood, this multifamily property was built in 1964 and is configured as 12 renovated, furnished studio residences. Each studio includes split-system air conditioning, a flat-screen television, and a kitchen with dining space. The rental arrangement includes Wi-Fi, electricity, and water, while annual leases and long-term tenants support the current operating model.
The property is legally recognized as nine units but presently functions as 12 studios through a flexible layout with dividing doors, allowing selected spaces to operate independently or together. The approximately 0.25-acre site is within an Opportunity Zone and may support redevelopment of up to five stories, subject to governmental approvals and independent verification. Downtown Hollywood, ArtsPark at Young Circle, Hollywood Beach, major roadways, public transportation, dining, shopping, and Fort Lauderdale-Hollywood International Airport are nearby. WalkScore is 67, BikeScore is 69, and TransitScore is 41.
The property is legally recognized as nine units but presently functions as 12 studios through a flexible layout with dividing doors, allowing selected spaces to operate independently or together. The approximately 0.25-acre site is within an Opportunity Zone and may support redevelopment of up to five stories, subject to governmental approvals and independent verification. Downtown Hollywood, ArtsPark at Young Circle, Hollywood Beach, major roadways, public transportation, dining, shopping, and Fort Lauderdale-Hollywood International Airport are nearby. WalkScore is 67, BikeScore is 69, and TransitScore is 41.
Key Highlights
- 12 renovated, fully furnished studio residences
- Legally recognized as 9 units; currently configured as 12 studios
- Approximately 0.25 acres within an Opportunity Zone
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,844
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Furnished studio residences offer an all-inclusive rental format with individual kitchens, dining areas, and split-system air conditioning.
Where is this apartment building located?
The property is located at 1858 Dewey St Hollywood, FL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 12 renovated, fully furnished studio residences; Legally recognized as 9 units; currently configured as 12 studios; Approximately 0.25 acres within an Opportunity Zone
