5900 Dewey St Hollywood, FL 33023
Warehouses
Google Maps
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
For Lease
1 / 9
Contact for pricing
5900 Dewey St, Hollywood, FL 33023
View Listing →
Estimated value (blended)
$500k
Range $450k – $550k (±10%)
Implied cap rate
5.40%
In-place · NOI ÷ last sale
Property ID
US19-0885123
Property summary
AI-generated overview
This exceptional 6,500-square-foot office space is located at 5900 Dewey Street in Hollywood, Florida, 33023. The property, identified by APN 514124060150, is zoned C-4, Hollywood, and offers a single-tenant occupancy within a single-suite building. The space is ideally situated for general office use and benefits from its convenient location near State Road 7 and U.S. 441, providing excellent accessibility. Parking is available via street parking only. The building is a second-floor office space, offering a potentially desirable location within the building. This property presents a unique opportunity for businesses seeking a well-located, sizable office space in a thriving area of Hollywood. The property's size and zoning make it suitable for a variety of office-related uses. Interested parties should note that parking is limited to street parking. The property's address is clearly identified as 5900 Dewey Street, Hollywood, FL 33023. Further inquiries are welcome.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1974
Construction
CONCRETE
Total area
2,490 SF
Lot
0.54 ac (23,550 SF)
Zoning code
S-MU
APN
51-41-24-06-0150
UPID
US19-0885123
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Telecommunications Service Tech Support Center
-
Car Dealership
-
Government Office
-
Vehicle Inspection Center
-
Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
$415k
Comparable Approach
Comparable
$624k
Blend (final)
Blend
$500k
Owner & transaction history
since 2016
3 recorded transactions
Zoning & alternative use
S-MU · Hollywood, FL
Zoning description
S-MU - South Mixed-Use District 2. Administrative Regulations Applicable to All Districts. a. District boundaries. The district and subdistrict boundaries shall be indicated by the district and subdistrict maps. In cases…
General category
MIXED_USE
Top alternative use upside
Office building
$750,000
+6.6%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 8 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$500k
Value range
$450k – $550k
±10% around blend
Estimated value / SF
$201 / SF
Confidence
High
8 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
80
Income certainty
100
$450k
blend $500k
$550k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,490 SF
Lot area
0.54 ac
Year built
1974
Stories
1
APN
51-41-24-06-0150
Assessed value
$823,830
Annual tax
$19,206
3
Income approach: direct capitalization
Partial preview
Income approach indication
$415k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$445k
@ 6.5% CAP return
$415k
@ 7% CAP return
$385k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$19,206
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.26M
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.9 mi away · 3,185 SF
2.6 mi away · 1,829 SF
2.6 mi away · 3,101 SF
6.0 mi away · 1,978 SF
7.0 mi away · 2,157 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$500k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 114 sales
$283
-29%
Submarket 261 sales
$316
-36%
County 1610 sales
$325
-38%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $201/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+7%
vs current-use indication
Warehouse, Storage · current use
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
5.40%
Selected cap rate for this warehouses
Derived from the Hollywood market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.40%
9.0%
NOI (est.)
$3k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$54k
Move the market yield to see immediate price impact.
Value / SF
$22
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.90%5.40%5.90%
$3k
$53k
$48k
$44k
$3k
$59k
$54k
$49k
$3k
$65k
$59k
$54k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$1.80M
0.8 mi · Mar 2026 · $606/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$19,206
Tax year 2023
Assessed value
$823,830
Assessed 2023
Previous assessed
$747,400
+10.2% YoY
Effective rate
2.33%
On assessed value
Assessed land
$235,500
Assessed improvement
$588,330
Land market value
$235,500
Improvement market value
$588,330
Total market value
$823,830
Applied tax rate
513.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1974
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
4
Total area
2,490 SF
Lot
0.54 ac (23,550 SF)
Zoning code
S-MU
APN
51-41-24-06-0150
UPID
US19-0885123
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
S-MU · Hollywood, FLZoning S-MU · permitted uses
S-MU · Hollywood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
S-MU - South Mixed-Use District 2. Administrative Regulations Applicable to All Districts. a. District boundaries. The district and subdistrict boundaries shall be indicated by the district and subdistrict maps. In cases…
General category
MIXED_USE
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
4
Lot
0.54 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
S-MU
MIXED_USE
Jurisdiction
Hollywood, FL
Recorded code
S-MU
Official district
S-MU
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for S-MU in Hollywood, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
