$2,490,000list price
Per sq ft$606
0 ba · 4,112 sq ft 2 to 4 units
2020 WASHINGTON ST, HOLLYWOOD, FL 33020
Listing courtesy of Direct Realty Solutions. MLS# A12092378.On the MLS · Listed Sep 17
$2,050,000
1858 DEWEY ST, HOLLYWOOD, FL 33020
0 baths3,632 sq ft2 to 4 unitsBuilt 1964
Updated today, November 3, 2026This home against Parkside
$564 per sq ft, 76% over the Parkside median
101 days on the market
Price cut $350,000 since it was listed at $2,400,000
$38,289 in property taxes (2025)
Parkside today: 40 homes for sale, median list price $419,000.
About this home
CORTE REAL ESTATE GROUP, as exclusive advisor, is pleased to present 1858 Dewey Street, a compelling multifamily investment opportunity in Hollywood, Florida. The property offers a 6.69%+ capitalization rate, immediate cash flow, rental upside, and meaningful long-term redevelopment potential.Currently operated as 12 renovated, fully furnished studio residences, the property will be delivered fully occupied, providing a turnkey income-producing asset from day one. Each studio features split-system air conditioning, a flat-screen television, and a functional kitchen with dining space. The property operates under an all-inclusive rental structure, with Wi-Fi, electricity, and water included in the rent. Long-term tenants and annual leases support stable occupancy and consistent income.Legally recognized as nine units, the property currently operates as 12 studios through an existing flexible configuration with dividing doors, allowing certain spaces to be rented separately or combined.Situated on approximately 0.25 acres within an Opportunity Zone, the site may offer future redevelopment potential of up to five stories, subject to independent verification and governmental approvals.Located near Downtown Hollywood, ArtsPark at Young Circle, Hollywood Beach, major roadways, public transportation, dining, shopping, and Fort Lauderdale-Hollywood International Airport, 1858 Dewey Street combines immediate income with long-term growth potential.
Zoned schools
Elementary: Colbert Elementary School
Middle: Olsen Middle School
High: South Broward High School
From Broward County Public Schools attendance zones.
Near this home
Park: Poinciana Park, 0.2 mi
Grocery: Euroland, 0.2 mi
Distances from the center of Parkside, HOLLYWOOD.
Listing courtesy of Corte Real Estate Group LLC. MLS# A12067236.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed July 25, 2026.
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