Charles Rutenberg Realty, LLC
The Schoonover Smith Group
Email: [email protected]
Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8Real estate listing preview #9Real estate listing preview #10Real estate listing preview #11
listing
1 of 11
CommercialFor Sale
$1,450,000
6204 Dewey St
Hollywood, FL 33023
Courtesy of Media Realty
MLS: Realtors of the Palm Beaches & Greater Fort Lauderdale
Est. Mortgage
$7,585/mo

Seller will entertain offers. Price reduced. The subject property is 2contiguous 4plexes located in central Hollywood & contains eight (1/1) apartments. The property presents itself as a value-add opportunity due to the rents being approximately over 50% below market value with each unit renting at approximately $1000 per month. Market rent is estimated at $1500 per month. Hollywood is experiencing a tremendous renaissance with the majority of new construction consisting of residential development. The area is considered to have the 2nd largest supply pipeline across all Fort Lauderdale submarkets where over 70% of the new residential supply set to be delivered will be luxury rentals. The subject provides an opportunity to take advantage of the value add by repositioning the asset

Get in touch
Listing provided courtesy of Media Realty
Compliance Image
Community / School Information