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31347469
31347455

1843 Dewey St, Hollywood, FL 33020

VF
FL SL3397219
Cushman & Wakefield - Miami, Florida
AC
FL 3450811
Cushman & Wakefield - Miami, Florida
AN
FL BK3480905
Cushman & Wakefield - Miami, Florida
MP
FL SL3640249
Cushman & Wakefield - Miami, Florida
MK
FL 3194531
Cushman & Wakefield - Miami, Florida
Listed by Cushman & Wakefield - Miami, Florida
Unpriced
46 days on market
Updated 38 days ago

1843 Dewey Street

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,855
Units 27
Cap Rate 5.50%
NOI $250,133
Class B
Year Built 1955
Stories 2
Acreage 16.260
Investment Type Value Add

Value-add potential with minimal upgrades needed

Marketing description

1843 Dewey Street presents the opportunity to acquire a 27-unit multifamily asset located in the Parkside neighborhood of Hollywood, Florida. Positioned in one of Broward County’s most active rental corridors, the property benefits from strong local demand, limited new construction in the immediate area, and proximity to major employment, retail, and transportation hubs.

Originally constructed in the mid-1950s, the property consists of a two-story garden-style apartment community with a unit mix heavily weighted toward studios, offering attainable rental product in a supply-constrained submarket. The asset has historically maintained full occupancy, reflecting consistent renter demand and strong in-place operations.

The offering presents investors with the ability to implement a value-add strategy through interior upgrades, operational efficiencies, and rent alignment to market comparables.

The property benefits from proximity to employment centers throughout Broward County, retail corridors along Hollywood Boulevard, and established neighborhood services.

The area continues to attract investment due to its central location between Fort Lauderdale and Miami, access to public transportation, and relatively attainable housing stock compared to coastal submarkets.

Investment highlights

  • 27-unit multifamily asset in Hollywood’s Parkside neighborhood
  • Value-add potential with minimal upgrades needed
  • Strong comparable rent support within 0.5-mile radius
  • Located in established rental corridor with consistent demand
  • Submarket: Parkside Neighborhood – Hollywood
  • Adjusted Building SF (per property card): 8,855 SF
  • Lot Size: 16.26 potential through capital improvements and repositioning
  • 1843 Dewey Street is located in Hollywood’s Parkside neighborhood, a centrally positioned residential enclave providing access to:
  • Downtown Hollywood
  • Young Circle
  • US-1 corridor
  • Hollywood Beach
  • I-95 and major east-west connectors

Listing Contacts

VF
FL SL3397219
Cushman & Wakefield - Miami, Florida
AC
FL 3450811
Cushman & Wakefield - Miami, Florida
AN
FL BK3480905
Cushman & Wakefield - Miami, Florida
MP
FL SL3640249
Cushman & Wakefield - Miami, Florida
MK
FL 3194531
Cushman & Wakefield - Miami, Florida
Listed by Cushman & Wakefield - Miami, Florida

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Loan Amount
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$250,133.00
$20,844.42/mo

Valuation Metrics

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Map

Zoning

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PS-1 ResidentialMulti FamilyParkside Low Intensity Multifamily District
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Virgilio Fernandez
License
SL3397219
Brokerage Phone
3056134507
Name
Alain Crego
License
3450811
Brokerage Phone
305-928-7430
Brokerage Address
333 Southeast 2nd Avenue
Name
Andres Navarrete
License
BK3480905
Brokerage
Cushman & Wakefield
Brokerage Phone
786-439-8921
Title
Senior Associate
Name
Milan Patel
License
SL3640249
Brokerage
Cushman Wakefield
Brokerage Phone
(305) 371-4411
Brokerage Address
333 Southeast 2nd Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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