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    1858 Dewey St , 1-9

    Hollywood, FL 33020
    • $1,799,000
    • STATUS: Active
    • ON SITE: 146 days
    • MLS #: A10915668
    UPDATED: 60 min ago
    $1,799,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Offered at a 9.46% ACTUAL Cap Rate - 9 Units in Hollywood, FL. 9 Units, 2 of which are legally modified for 10 studios and 2 efficiencies, offering 12 rentable units while still being 9 legal units. BRAND NEW UNITS INSIDE & OUT. Fully furnished, fully rented with annual leases. All units have AC w/ split systems. Each unit has a flat-screen TV and fully equipped kitchens with dining space. Wi-Fi + electricity and water, all included in the rent. NOI of $170,200. Detailed financials are available with a fully executed non-disclosure agreement. Located in an Opportunity Zone. This is not a Fix & Flip - the property has been updated and stabilized " ideal passive income. Tenants are on annual leases - this is not an Airbnb or monthly rental. Impeccable condition top to bottom.

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    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-01-17T12:41:29.15.
    www.roseharrisgroup.com/homes/109279612
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    1858 Dewey St , 1-9 Hollywood, FL 33020

    • Price: $1,799,000
    • Status: Active
    • Updated: 60 min ago
    • MLS #: A10915668
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    1964
    Built
    County:
    Broward
    Property Description
    Offered at a 9.46% ACTUAL Cap Rate - 9 Units in Hollywood, FL. 9 Units, 2 of which are legally modified for 10 studios and 2 efficiencies, offering 12 rentable units while still being 9 legal units. BRAND NEW UNITS INSIDE & OUT. Fully furnished, fully rented with annual leases. All units have AC w/ split systems. Each unit has a flat-screen TV and fully equipped kitchens with dining space. Wi-Fi + electricity and water, all included in the rent. NOI of $170,200. Detailed financials are available with a fully executed non-disclosure agreement. Located in an Opportunity Zone. This is not a Fix & Flip - the property has been updated and stabilized " ideal passive income. Tenants are on annual leases - this is not an Airbnb or monthly rental. Impeccable condition top to bottom.
    Exterior Features

    Construction Materials Concrete Block ConstructionFrame Frontage Length 150 Lot Features Corner LotIn Residential Area Parking Features Common Parking Total 15 Pool Private YN No Roof Built-Up Waterfront YN No

    Interior Features

    Building Area Total 3632 Flooring Ceramic Floor Stories Total 2

    Property Features

    Association YN No Building Name 1858 Dewey Business Type Apartments Electric 101-200 Amps Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN No Internet Entire Listing Display YN Yes Listing Terms All CashConventional/Refinance New Construction YN No Ownership Corporation Property Condition New Construction Public Survey Section 22 Security Features Other Fire ProtectionSmoke AlarmSmoke Detector(S)Security LightsSecurity System Senior Community YN No Special Listing Conditions Sale Tax Annual Amount 14729 Year Built Details New Construction

    Listing courtesy of Alterra Realty Group Inc.


    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-01-17T12:41:29.15.
     
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    The Rose Harris Group | ONE Sotheby's International Realty
    550 South Dixie Highway
    Miami FL, 33146