1932 Dewey St, Hollywood FL 33020

Located in the desirable Hollywood South Side Add subdivision of Broward County, this 1,468-square-foot duplex offers an excellent opportunity for investors, developers, and buyers looking to secure income-producing real estate in South Florida. Built in 1926, the attached residential income property features a practical layout and dependable rental potential.

The front unit includes 2 bedrooms and 2 bathrooms and is currently leased for $2,000 per month. The rear unit offers 1 bedroom and 1 bathroom and is under a long-term lease at $2,100 per month. With central air conditioning and central heating, the property provides year-round comfort for both residents and tenants.

The property at 1932 Dewey St, Hollywood FL 33020 can be purchased together with the adjacent lot at 1928 Dewey St for a total price of $800,000. Combined, the two lots offer approximately 10,836 square feet and are zoned PS-1, creating the potential to develop approximately 15 to 18 residential units across four stories with ground-floor parking, according to the architect. Buyers can continue collecting rental income while planning a future multifamily project. The seller is open to either a joint venture or a full sale.

Hollywood offers the best of South Florida living, with warm weather throughout much of the year, beautiful beaches, an active downtown, local cafés, restaurants, entertainment, and convenient access to Fort Lauderdale and Miami. The beach is approximately two miles away, while major roads, airports, shopping, and everyday services are all within easy reach.

For more information or to schedule a private conversation about this duplex and development opportunity, call or text +1 786.468.4380 via Tel or WhatsApp.