1932 Dewey St Hollywood, FL 33020
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1932 Dewey St
- Year built
- 1926
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity in Hollywood, Florida, presents two adjacent lots totaling 14-16 units potential. The first lot is vacant land, ripe for development. The second lot features a well-maintained duplex currently generating $4,600 in monthly rental income. Located east of Dixie Highway in the 33020 zip code, this property offers significant potential for developers and investors seeking a lucrative project in a thriving area. The existing duplex, built in 1926, is a single-story building and provides immediate cash flow. The combined properties present a unique chance to create a substantial multifamily development. The seller is open to joint venture projects. This is a rare chance to acquire a property with both immediate income and significant long-term development upside in a highly desirable location. The address is 1928 & 1932 Dewey St, Hollywood, FL. The asking price for this combined property is $998,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1458959
- Latitude
- 26.0028931
