Attention investors and developers! Two adjacent lots — 1928 & 1932 Dewey St — sold together for $800,000,totaling 10,836 sq.ft. Zoned PS-1, with potential to build 15–18 residential units across four stories with ground-floor parking (per architect). Currently improved with a duplex generating steady rental income — front unit2BD/2BA leased at $2,000/month, rear unit 1BD/1BA under long-term lease. Ideal to hold and collect incomewhile planning your next multifamily project. Prime Hollywood location near Downtown, cafés, and just 2 milesfrom the beach. Seller open to JV or full sale.
Listed by:
Molina Realty
Source:
MIAMI MLS
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| May 12, 2026 | 24 days ago | Price decreased399,000 (50%) | $400,000 |
| Apr 16, 2026 | 2 mos ago | Price decreased100,000 (11%) | $799,000 |
| Oct 25, 2025 | 7 mos ago | New on market | $899,000 |