1925 Dewey St Hollywood, FL 33020
Legal fourplex with fully renovated courtyard layout, separate electric meters, and private parking plus on-site laundry.
- Added:
- Jun 29, 2026
- Days on Market:
- 13
- Last Refresh:
- Jul 4 at 2:15 am
Property Features for 1925 Dewey St
General Information
- Standard status
- Active
- Size
- 3,603 SF
- Lot size
- 0.25 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1954
Listing office Wharton Realty Group, LLC (954) 998-2417
Listing date Jun 29, 2026
Source Crexi
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 Wharton Realty Group, LLC
Investment Insights
Based on property information with market context.
Located in East Hollywood, Florida, the property is described as being just minutes from Young Circle, downtown/Main Street, top local restaurants, Hollywood Beach, and the Hollywood Beach Broadwalk.
For buyers seeking a residential income property, the current setup supports straightforward operations with four distinct 1/1 units and utility separation. Tenant amenities include 4+ private parking spaces, an on-site laundry room, and a private pool. With the property already renovated and fully occupied, it may appeal to investors and owner-operators looking for a turn-key multifamily asset built around resident convenience and manageable unit configuration.
Key Highlights
- Legal fourplex built in 1954 with two separate buildings and four total units
- Each building offers two spacious 1‑bedroom, 1‑bath units for a 1BD/1BA unit mix
- Individual electric meters for each unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $97.3k | $27.00 |
| − Vacancy | −$5.1k | −$1.40 |
| EGI | $92.2k | $25.60 |
| − OpEx | −$27.7k | −$7.68 |
| NOI | $64.6k | $17.92 |
