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1823 Dewey Street, Hollywood, FL 33020 (MLS# H10101539)

1823 Dewey Street, Hollywood, FL 33020

$3,350,000
Property Type: Commercial Sale Square Footage: 18,068 Status: Closed
Current Price: $3,350,000 List Date: 6/16/2016 Last Modified: 5/24/2026

Overview

Description

The property is located 1 blk w/of US 1 and contains 48 units & sits on an assemblage of 43,360 ft.² zoned RM 18 encompassing more than 1/2 of the north side of the street. The addresses are as follows: 1832, 1837 (reroofed in 2014) and 1843 Dewey St. ea ch property has its own folio. The property is rented on a weekly, bi-weekly and monthly basis and as such all utilities are included in the rent (see attached offer memorandum for complete details regarding salient data).

Listing Details MLS# H10101539

General Property Information

Number Of Buildings
5
Property Sub Type
Multi Family
Number Of Units Total
48
Price Per Unit
75000
Occupant Type
Tenant
Building Area Main
18068
Year Built
1951
Parking Total
35
Lot Size Area
18068
Lot Size Acres
Yes
Stories Total
2
Leasable Area
18068

Property Features

Building Features: Laundry Facilities Common Area Maintenance Includes: Telephone Documents Available: Investment Analysis Electric: 110 Volts Flooring: Ceramic Tile Heating: Window/Wall Location of Property: Central Business District; Near Seaport Parking Features: Common Possession: Negotiable Sale Includes: Land Source Of Expenses: Owner Provided; Pro Forma Construction Materials: CBS Cooling: Wall/Window Unit(s) Listing Terms: Cash; Conventional Roof: Shingle Sewer: Public Sewer Structure Type: Warehouse Water Source: Public Showing Requirements: 24 Hour Notice; Call Listing Agent; Showing Service Contingencies: 3rd Party Approval

Contract Information

Comp Sale YN
No
Original List Price
3600000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
1823
Street Name
Dewey
Street Suffix
Street
City Name
Hollywood
State Or Province
FL
Postal Code
33020
Postal Code +4
6017
Area
3050
Geographic Area
HWEA - Hollywood East (3010-3050)
Parcel Number
514222102220
Zoning
RM-18
Directions
Taxes have been stepped up to reflect the asking price. Overall the property is in avg. to good condition. It is significant to note that if the property were to be converted to a mnthly rental there would be no significant change in the income stream
Property Description
Pts Weekly, Biweekly, Monthly

Financial Information

Tax Annual Amount
70000
Tax Year
2015
Tax Legal Description
HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 8 TO 10 BLK 12

Status Change Information

Major Change Timestamp
2016-11-19T02:08:39Z
Major Change Type
Status Change
Status Change Date
2016-11-22
Under Contract Date
2016-07-28
Close Date
2016-11-18
Close Price
3350000
Buyer Financing
Conventional

More Information

Meter Information

Number Of Meters Total
10

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Gross Income
446897
Gross Scheduled Income
483132
Inc/Exp Statement Period
2015
Insurance Expense
33000
Maintenance Expense
15000
Manager Expense
22345
Net Operating Income
228199
Operating Expense
218698
Other Expense
218698
Real Estate Taxes
70000
Trash Expense
3666
Utilities Expense
73367
Vacancy Allowance Rate
8
Occupancy Percentage
95

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
185.41
Original List Price To Close Price
0.93

Section Details

Parcel Number MLX
2220

Originating Details

Originating System Key
352291876
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
FLL

Electric

110 Volts
Yes

Flooring

Ceramic Tile
Yes

Parking Features

Common
Yes

Documents Available

Investment Analysis
Yes

Structure Type

Warehouse
Yes

Location of Property

Central Business District
Yes
Near Seaport
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Building Features

Laundry Facilities
Yes

Common Area Maintenance Includes

Telephone
Yes

Heating

Window/Wall
Yes

Sale Includes

Land
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Shingle
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes
Pro Forma
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

24 Hour Notice
Yes
Call Listing Agent
Yes
Showing Service
Yes

Contingencies

3rd Party Approval
Yes
Listing Office: Media Realty
IDX
Last Updated: May - 24 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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