1737 Dewey St, Hollywood, FL 33020

About This Home

INVESTOR ALERT! Excellent investment opportunity in an up-and-coming neighborhood! Ideal for first-time investors, savvy investors, and first-time homebuyers. Perfect for long-term rentals or short-term rental strategies, subject to applicable regulations. This property features 4 independent units, making it an easy-to-manage income-producing property. Located just 5 minutes from Hollywood Beach and 2 minutes from Downtown Hollywood, in an FH-2 zoning district and Opportunity Zone, allowing potential for additional units/floors and a variety of uses, subject to applicable approvals. Each unit has split A/C, plus a shared laundry room and 4 parking spaces. The two rear units feature spacious, fenced-in patios perfect for outdoor living. Two renovated units are rented to excellent long-term tenants. The remaining two units are currently being renovated and are expected to be completed by mid-October or before, providing an opportunity for increased rental income once completed. Great location, existing income, and future development potential.

Property Details

Heating

Electric

Cooling

Electric

Architectural Style

Attached

Property Condition

Substantially Remodeled

Building & Association

Building Name

HOLLYWOOD SOUTH SIDE ADD

Stories

1

Stories Total

1

Association

No

Lot & Construction

Lot Features

Less Than 1/4 Acre Lot, East Of US 1

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Concrete Block Construction

Roof

Flat Roof With Facade Front

New Construction

No

Public Records

Parcel Number

514222091390

Tax Annual Amount

$15,380

Tax Year

2,025

Zoning

FH-2

County Or Parish

Broward County

Location