$1,100,000
UNDER CONTRACT

Estimated payment $7,159/month

Total Views 1,080
-- Bed
-- Bath
3,126 Sq Ft
$352 Price per Sq Ft

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • No HOA

About This Home

Fausto Commercial is pleased to present 1849 Dewey St, a spacious and well-located Art Deco fourplex just minutes from Young Circle, beaches, top restaurants, and right off of US-1. This prime location ensures strong rental demand. The property features three large 2-bed/1-bath units and one oversized 1-bed/1-bath unit (800+ sqft each unit), all fully occupied and currently generating $7,350 per month, with room to increase to market rates for even higher returns. Separate electric meters, a brand-new roof, and an on-site coin laundry further enhance profitability. A rare opportunity to own a high-performing asset in a sought-after area!

Listing Agent

Elior Levi

Fausto Commercial Realty Consultants Inc License #3574869

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,375

Year Built

  • Built in 1954

Parking

  • 5 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,126 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 4 Units
  • Hollywood South Side Add Condos
  • Hollywood South Side Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 514222102190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,375

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1954
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: HOLLYWOOD SOUTH SIDE ADD
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: 4224
  • Stories: 2

Interior Features

  • Flooring: Other, Vinyl, Wood
  • Living Area: 3126
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD SOUTH SIDE ADD
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514222102190
  • Zoning: PS-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Gardener, Other Rent Incl, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12375

Multi Family

  • Number Of Units In Community: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,891 $505,990 $46,340 $459,650
2024 $12,813 $546,370 $46,340 $500,030
2023 $12,813 $541,000 $0 $0
2022 $11,749 $491,820 $0 $0
2021 $10,625 $447,110 $46,340 $400,770
2020 $10,889 $446,230 $46,340 $399,890
2019 $10,737 $446,230 $46,340 $399,890
2018 $10,041 $436,910 $46,340 $390,570
2017 $8,899 $380,290 $0 $0
2016 $7,916 $317,080 $0 $0
2015 $7,184 $287,880 $0 $0
2014 $6,561 $255,590 $0 $0
2013 -- $237,210 $46,340 $190,870
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2025 03/08/25 For Sale $1,100,000 +136.6% $352 / Sq Ft
06/30/2016 06/30/16 Sold $465,000 -3.1% $149 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $480,000 +54.8% $154 / Sq Ft
02/20/2014 02/20/14 Sold $310,000 -11.2% $99 / Sq Ft
12/13/2013 12/13/13 Pending -- -- --
10/28/2013 10/28/13 For Sale $349,000 -- $112 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $465,000 Attorney
Warranty Deed $310,000 Attorney
Warranty Deed $257,500 Tri County Florida Title Co
Warranty Deed $50,000 Attorney
Warranty Deed $185,000 Union Title Services Inc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $570,000 Attorney
Deed $160,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $429,452 VA
Closed $462,739 VA
Previous Owner $225,000 Commercial
Previous Owner $100,000 Future Advance Clause Open End Mortgage
Previous Owner $456,000 Commercial
Previous Owner $65,000 Credit Line Revolving
Previous Owner $146,000 Commercial
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11759616

MIAMI REALTORS® MLS

APN: 51-42-22-10-2190