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 #8
listing
1 of 8
Residential IncomeFor Sale
$1,450,000
6208 Dewey St
Hollywood, FL 33023
Courtesy of Media Realty
MLS: Realtors of the Palm Beaches & Greater Fort Lauderdale
1,826Sq Ft
Est. Mortgage
$7,585/mo

The subject property is two contiguous fourplexes listed for $750,000 each ($1.5 Million total) located in west portion of Hollywood and 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. The subject property provides a unique opportunity to take advantage of the strong demographics and demand whereby creating value by repositioning the asset.

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