For Sale
$725,000

5822 Dewey StHollywood, FL 33023

Renovated Office, High Cap Rate, Ample Parking

Overview

Added:
Dec 11, 2024
Days on market:
116
This Hollywood, Florida office building presents a lucrative investment opportunity. Located at 5822 Dewey St, 33023, this single-story, 1,200 square foot property sits on a generous 5,244 square foot lot and boasts a 5.90% cap rate. Built in 1956, the building has undergone renovations, featuring three individual office spaces, two bathrooms, a reception area with waiting room, and a kitchenette. Additional amenities include a gated entrance, a carport, and extra storage space ideal for inventory or equipment. The ample parking accommodates approximately 20 vehicles. Conveniently located less than a block from 441 and approximately 10 miles from Fort Lauderdale-Hollywood International Airport (FLL), this property offers excellent accessibility and strong cash flow potential. The building's layout and features make it suitable for a variety of professional uses. This is a prime opportunity for investors seeking a strong return on investment in a desirable location.

Highlights

  • 1,200 SF single-story office building on a 5,244 SF lot in Hollywood, FL.
  • 5.90% cap rate.
  • Three individual office spaces, two bathrooms, reception area, kitchenette.
  • Gated entrance, carport, and ample storage.
  • Parking for approximately 20 vehicles.
  • Excellent location near 441 and FLL.

Property Details for 5822 Dewey St

Property type
Office properties
Square Feet
1,200 SF
Year Built
1956
Buildings
1
Stories
1

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
26.0016181
Longitude
-80.2040637
5822 Dewey St, Hollywood, Florida

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5822 Dewey St
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