1515 Dewey St
Hollywood, FL 33020 · single_family · For Sale · 147 days on market
Asking price$949,000
5 beds 3 baths — sqft
Suggested offer$740,000$209,000 above the est. market value of $740,000.
View on Realtor.com →Listed by Andrea Bareket · Farrwind Realty, LLC.
Typesingle_family
Built1940
Price / sqft—
Est. value (own analysis)$740,000
Rent estimate (own analysis)$7,999/mo
HOANone
1 / 91
Show every detail
Statusfor_sale
Listed date2026-04-08
Removed date—
MLSMiamiMLS #A11997408
Coordinates26.00356, -80.13731
Address1515 Dewey St
CityHollywood
StateFL
Zip33020
Listing ID6875047275
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $949,000 |
| Down payment (20.0%) | $189,800 |
| Loan amount | $759,200 |
| Closing costs (5.0%) | $47,450 |
| Total cash to close | $237,250 |
| Income | |
| Rent (comp-derived) | $7,999$95,988 |
| Vacancy loss (8.0%) | |
| Effective gross income | $7,359$88,309 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,503$18,031 |
| Insurance (placeholder 0.8% of price) | $633$7,592 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $400$4,799 |
| Total operating expenses | $2,535$30,422 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $400$4,799 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 5 | 3 | 2,267 | $6,600 | 2026-05-30 | — | |
| single_family | 5 | 2 | 1,750 | $8,950 | 2025-12-02 | — | |
| single_family | 5 | 3 | 1,825 | $7,999 | 2025-05-16 | — |
Same ZIP & bedroom count. 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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 1426 Coolidge St | single_family | 5 | 3 | 1,759 | $740,000 | 2026-06-16 |
| 1600 Van Buren St | single_family | 5 | 3 | 2,818 | $700,000 | 2026-03-30 |
| 1421 Tyler St | single_family | 5 | 4 | 5,715 | $2,380,000 | 2026-01-30 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 2703 Adams St | single_family | 5 | 3 | 2,856 | $859,000 | — |
| 2827 Arthur St | single_family | 5 | 3 | 2,242 | $869,000 | — |
| 2546 Coolidge St | multi_family | 5 | 3 | 2,063 | $450,000 | — |
| 1704 Rodman St | single_family | 5 | 4 | 4,753 | $1,099,000 | — |
| 2844 Funston St | single_family | 5 | 2 | 2,193 | $599,900 | — |
| 2513 Lincoln St | single_family | 5 | 5 | 4,544 | $890,000 | — |
| 1220 S 29th Ave | single_family | 5 | 5 | 1,788 | $747,777 | — |
| 1110 S 29th Ave | multi_family | 5 | 4 | 2,128 | $725,000 | — |
10-year hold projection
IRR9.4%
Equity multiple2.47x
Total return (10yr)$471,695
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $977,470 | $57,887 | -$5,459 | $750,969 | $226,501 |
| 2 | $1,006,794 | $59,775 | -$3,690 | $742,172 | $264,622 |
| 3 | $1,036,998 | $61,724 | -$1,864 | $732,771 | $304,227 |
| 4 | $1,068,108 | $63,736 | $22 | $722,725 | $345,383 |
| 5 | $1,100,151 | $65,812 | $1,968 | $711,989 | $388,162 |
| 6 | $1,133,156 | $67,954 | $3,978 | $700,516 | $432,640 |
| 7 | $1,167,150 | $70,165 | $6,053 | $688,254 | $478,896 |
| 8 | $1,202,165 | $72,446 | $8,195 | $675,151 | $527,014 |
| 9 | $1,238,230 | $74,800 | $10,407 | $661,148 | $577,082 |
| 10 | $1,275,377 | $77,230 | $12,690 | $646,183 | $629,194 |
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.