1933 Dewey St

Hollywood, FL 33020 · multi_family · Pending — under contract · 175 days on market
Asking price$1,100,000
6 beds 5 baths 2,798 sqft
Suggested offer$966,513$133,487 above the est. market value of $966,513.
View on Realtor.com →
Listed by Peter Dacko · Media Realty
Typemulti_family
Built1954
Price / sqft$393
Est. value (own analysis)$966,513
Rent estimate (building total, own analysis)$7,667/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-03-11
Removed date
MLSBeachesMLS #F10524308
Coordinates26.00337, -80.14600
Address1933 Dewey St
CityHollywood
StateFL
Zip33020
Listing ID6195668842
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33020)

Median sale price$489,000
Median days on market (sale)94
Active sale listings625
Median rent$2,000/mo
Median days on market (rent)33
Active rental listings1144
Real ZIP-wide statistics from RentCast, as of 2026-09 (fetched 2026-09-03) — this is the whole ZIP's market, not specific to this property. Re-analyzing spends one of the account's 50 free monthly lookups. Our own log shows at least 6 of the 50 free monthly RentCast requests used — that only counts calls made through this app, so it can undercount. RentCast's own account dashboard has the real total.
Re-analyze ZIP 33020 (≥6 of 50 per our log)

Underwriting (buy-and-hold, default assumptions)

Purchase price$1,100,000
Down payment (20.0%)$220,000
Loan amount$880,000
Closing costs (5.0%)$55,000
Total cash to close$275,000
Rent (estimate)$7,667$91,998
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$91,998
Vacancy rate (assumption) assumption8.0%

$91,998 × 8.0% = $7,360

Effective gross income$7,053$84,638
Property tax (placeholder 1.9% of price)$1,742$20,900
Insurance (placeholder 0.8% of price)$733$8,800
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$383$4,600
Total operating expenses$2,858$34,300
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$84,638
Total operating expenses derived$34,300

$84,638 − $34,300 = $50,338

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$880,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$880,000 amortized at 6.7% over 30 years = $5,655/mo

CapEx reserve (5.0% of GSR)$383$4,600
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$50,338
Annual debt service derived$67,861
Annual CapEx reserve assumption$4,600
Annual PMI assumption$0

($50,338 − $67,861 − $4,600 − $0) ÷ 12 = -$1,844

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$50,338
Purchase price data$1,100,000

$50,338 ÷ $1,100,000 = 4.6%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$22,123
Total cash to close derived$275,000

-$22,123 ÷ $275,000 = -8.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$50,338
Annual debt service derived$67,861

$50,338 ÷ $67,861 = 0.74

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$91,998
Purchase price data$1,100,000

($91,998 ÷ 12) ÷ $1,100,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,100,000
Gross scheduled rent (annual) comp$91,998

$1,100,000 ÷ $91,998 = 12.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$34,300
Effective gross income derived$84,638

$34,300 ÷ $84,638 = 40.5%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$34,300
Annual debt service derived$67,861
Annual PMI assumption$0
Gross scheduled rent (annual) comp$91,998

($34,300 + $67,861 + $0) ÷ $91,998 = 111.0%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

No active rental listings cached yet for this bedroom count.

Widened to any bedroom count in ZIP. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.

AddressTypeBedsBathsLiving sqftSale priceSale date
2419-2421 Johnson St Units 2419 & 2421multi_family542,287$590,0002026-08-19
1633 Tyler St # 1-2multi_family02,400$1,230,0002026-08-10
2140 Monroe Stmulti_family09,054$2,300,0002026-08-10
1936 Washington St # Nmulti_family01,940$690,0002026-08-07
1807 N 17th Ave # 1-4multi_family542,733$950,0002026-08-06
1116 S 17th Avemulti_family552,688$720,0002026-07-17
316 N 28th Avemulti_family3,266$575,0002026-07-01
1618 Harding Stmulti_family331,716$475,0002026-06-25
2242 Taylor Stmulti_family231,500$520,0002026-06-15
2030 Taylor Stmulti_family1,370$1,1502026-06-01
1400 N 17th Avemulti_family222612,752$4,362,5002026-05-29
2306 Simms St # 1-2multi_family421,500$470,0002026-05-27
2440 Hayes Stmulti_family3,450$799,0002026-05-25
2306 Simms Stmulti_family1,536$470,0002026-05-21
1956 Madison Stmulti_family1,593$568,0002026-05-12
1512 Harrison St # 1-9multi_family05,374$1,018,7002026-05-11
1929 Roosevelt St # 1-5multi_family743,237$1,650,0002026-05-07
1323 N Federal Hwymulti_family984,829$1,200,0002026-04-21
611 S 24th Avemulti_family36496$1,245,0002026-04-20
2226 Taylor Stmulti_family442,030$573,0002026-04-13
2235 Coolidge Stmulti_family221,612$585,0002026-04-08
2535 Lincoln Stmulti_family53,200$990,0002026-04-01
2463 Pierce Stmulti_family221,423$965,0002026-03-25
2459 Pierce Stmulti_family2,960$965,0002026-03-20
2516 Cleveland Stmulti_family311,517$608,0002026-03-18
2314 Polk Stmulti_family01,050$2,900,0002026-03-16
2314 Polk Stmulti_family7,632$2,900,0002026-03-12
2229-31 Farragut Stmulti_family1,320$460,0002026-03-11
2516 Cleveland Stmulti_family2,113$608,0002026-03-10
2020 Washington St Apt 1multi_family884,095$1,720,0002026-02-26
1310 N 24th Avemulti_family1,718$550,0002026-02-26
1640 McKinley Stmulti_family218,203$2,925,0002026-02-20
1640 McKinley Stmulti_family8,203$2,925,0002026-02-20
1700 Hayes Stmulti_family331,740$2,700,0002026-02-19
1018 N 17th Avemulti_family743,950$2,700,0002026-02-19
1014 N 17th Avemulti_family221,518$2,700,0002026-02-19
1828 Plunkett Stmulti_family5,017$540,0002026-02-09
1960 Rodman St # 1-10multi_family02,535$572,0002026-02-06
2100 N 14th Avemulti_family1,784$660,0002026-01-21
1909-1911 Mayo Stmulti_family1,676$590,0002026-01-20
1923 Roosevelt Stmulti_family3,733$620,0002026-01-19
1114 N 17th Ctmulti_family01,854$575,0002026-01-15
2245 Sheridan Stmulti_family01,500$505,0002026-01-01
1621 Van Buren Stmulti_family104,622$2,100,0002025-12-23
1931 Pierce St # 1-3multi_family322,850$862,5002025-12-22
1505 Washington Stmulti_family12123,692$2,265,0002025-12-19
1621 Van Buren Stmulti_family5,058$2,100,0002025-12-18
1629 Mayo St # 1-2multi_family01,351$465,0002025-12-04
2114 Roosevelt Stmulti_family01,626$500,0002025-11-06
2435 Wilson Stmulti_family1,111$485,0002025-10-28

Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.

AddressTypeBedsBathsSqftAsking priceDays on market
1930 Pierce St Unit 1-4multi_family691,788$750,000
1918 Sheridan Stmulti_family651,790$645,000
1314 S 20th Avemulti_family642,901$924,900
1853 Taft Stsingle_family633,177$799,000
2815 Adams Stsingle_family631,306$590,000
1825 Harding Stsingle_family662,915$662,500
1743 Rodman Stsingle_family662,585$1,295,000
1922 Jefferson Stmulti_family652,262$875,000

10-year hold projection

IRR5.0%
Equity multiple1.81x
Total return (10yr)$365,169
YearProperty valueNOICash flowLoan balanceEquity
1$1,133,000$50,338-$22,123$870,459$262,541
2$1,166,990$52,020-$20,556$860,262$306,728
3$1,202,000$53,757-$18,938$849,366$352,634
4$1,238,060$55,549-$17,266$837,721$400,339
5$1,275,201$57,401-$15,538$825,276$449,925
6$1,313,458$59,312-$13,754$811,977$501,480
7$1,352,861$61,285-$11,911$797,765$555,096
8$1,393,447$63,323-$10,007$782,576$610,871
9$1,435,251$65,426-$8,040$766,345$668,905
10$1,478,308$67,598-$6,008$748,999$729,309
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.