3,632 SqFt
3,632 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,632 sqft
Price per Sqft $660
Subdivision Hollywood South Side Add
MLS Listing ID A12067236
Style Fourplex
HOA Y/N No
Year Built 1964
Annual Tax Amount $38,289
Tax Year 2025
Property Sub-Type Quadruplex
Property Description
Currently operated as 12 renovated, fully furnished studio residences, the property will be delivered fully occupied, providing a turnkey income-producing asset from day one. Each studio features split-system air conditioning, a flat-screen television, and a functional kitchen with dining space. The property operates under an all-inclusive rental structure, with Wi-Fi, electricity, and water included in the rent. Long-term tenants and annual leases support stable occupancy and consistent income.
Legally recognized as nine units, the property currently operates as 12 studios through an existing flexible configuration with dividing doors, allowing certain spaces to be rented separately or combined.
Situated on approximately 0.25 acres within an Opportunity Zone, the site may offer future redevelopment potential of up to five stories, subject to independent verification and governmental approvals.
Located near Downtown Hollywood, ArtsPark at Young Circle, Hollywood Beach, major roadways, public transportation, dining, shopping, and Fort Lauderdale-Hollywood International Airport, 1858 Dewey Street combines immediate income with long-term growth potential.
Location
State FL
County Broward
Community Hollywood South Side Add
Area 3050
Interior
Heating Electric
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Flooring Other
Exterior
Pool None
Utilities Available Cable Available
Roof Type Other
Total Parking Spaces 14
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Others
Tax ID 514222102180
Acceptable Financing Assumable, Cash, Conventional
Listing Terms Assumable, Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12067236
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