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Hollywood Development Opportunity
For Sale
$299,000

1928 Dewey St, Hollywood, FL 33020

Two adjacent lots in Hollywood with development potential.

Property SizeContact for details
Lot Size12.00 Acres
Days on Market272

Property Features for 1928 Dewey St

General Information

Standard status Active
Lot size 12.00 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $6,803
Listing Agency: Molina Realty
Listed By: Ekaterina Molina · License #3388141
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 27 Last Checked: Aug 26 at 10:42AM

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 Molina Realty

Investment Insights

Based on property information with market context.

Two adjacent lots located at 1928 & 1932 Dewey St are being sold together. The combined area of the lots is 10,836 square feet. The zoning is PS-1, which allows for the potential to build 15-18 residential units across four stories with ground-floor parking, according to an architect. Currently, the property includes a duplex that generates rental income. The front unit is a 2-bedroom, 2-bathroom unit leased at $2,000 per month. The rear unit is a 1-bedroom, 1-bathroom unit under a long-term lease. The property is located in Hollywood, near Downtown, cafes, and approximately 2 miles from the beach. The property is suitable to hold and collect income while planning a multifamily project.

Key Highlights

  • Large 10,836 sq.ft. lot.
  • Zoned PS‑1 with potential for multifamily development: 15‑18 residential units across four stories.
  • Prime Hollywood location near Downtown and 2 miles from the beach.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Clothing & Fashion Store Tanning Salon Barber Shop

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

3,465
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two adjacent lots in Hollywood with development potential.
Where is this duplex located?
The property is located at 1928 Dewey St Hollywood, FL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Large 10,836 sq.ft. lot.; Zoned PS‑1 with potential for multifamily development: 15‑18 residential units across four stories.; Prime Hollywood location near Downtown and 2 miles from the beach.
More about this property
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