2010 Dewey St

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2010 Dewey St

Hollywood, FL 33020
Asking Price
$1.50M
Asset Type
Multifamily
Class
Class B

What's Special

2010 Dewey St is located in Hollywood, Florida, positioned within a mixed-use residential neighborhood near the city's central business district. The property is situated blocks from Young Circle and the Hollywood Boulevard corridor, providing tenant access to local dining, retail, and entertainment options. Regional connectivity is supported by proximity to U.S. 1 and I-95, while the Hollywood Beach Broadwalk is approximately two miles to the east. Public transit options, including local bus routes and the nearby Tri-Rail station, serve the immediate area. The asset is suited for a multifamily rental strategy catering to a workforce tenant profile. Its location supports demand from professionals employed in the nearby healthcare, hospitality, and aviation sectors associated with Port Everglades and Fort Lauderdale-Hollywood International Airport. The property’s configuration is conducive to long-term residential leasing for individuals or small households seeking proximity to urban centers and coastal employment hubs. Its placement in a transitioning residential pocket provides a stable environment for consistent occupancy.

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NOI
$80,000
Cap Rate
5.35%
DSCR
0.90
Underwater
Cash-on-Cash
-1.95%
Monthly Payment
$7,396.444
Annual Cash Flow
$-8,757.332

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