Public market commentary. This property is not listed for sale by Justin Crow · Mattis Advisors.

5611 Dewey St

Hollywood, FL 33023  ·  Warehouse/Distribution  ·  Folio 514124103150
Building
7,170
square feet
Lot
11,989
0.28 acres
Year built
1981
45 years old
Assessed value
$1,101,140
$154/SF assessed

Ownership and recorded sale history

Owner of recordFREEDOM LOTS LLC
Entity statusActive — Florida Division of Corporations
Last recorded sale2020 — $1,050,000
At that sale$146/SF
Years since6 years
Broward County Property Appraiser and Florida Division of Corporations. Public records; may lag actual events.

What has actually traded in South Hollywood

Recorded transactions for industrial properties in the south Hollywood blocks around Dawson, Rodman and Funston Streets, narrowed to the buildings closest to this one in size and age.

Recorded sales
8
2021–2024
Median price/SF
$147
$81 – $233
Median size
6,397
square feet
Median vintage
1969
year built
Computed across the 8 sales listed below — the closest matches to this building by size and vintage. Transfers under $100,000, multi-parcel portfolio deals that cannot be allocated, and land-dominant parcels are excluded.

Reading this against the corridor

The county assesses this building at $154/SF. Recorded sales of industrial properties in South Hollywood since 2021 have a median of $147/SF, across a range of $81/SF to $233/SF.

Across those 8 recorded sales, the median sale price came in at 1.02× the county assessed value. Assessed values are set for taxation and are reset on their own schedule, so they routinely sit apart from transaction prices — in either direction.

By footprint it sits in roughly the 65th percentile of industrial properties that have traded in this corridor — 6 of the 17 recorded sales were of larger buildings.

The assessment works out 4% above the median price per square foot of the comparable sales shown below. That is an arithmetic comparison of a tax figure against transaction prices, not a statement about what this building would sell for.

What this means for this building depends on what no public record contains — the leases, the condition, the rent roll.

Recorded sales of comparable size and vintage

PropertySizeBuiltSoldPricePer SF
5801 Mayo St
Warehouse/Distribution
6,68219602024$950,000$142
5844 Dawson St + 2 more parcels
Warehouse/Distribution · combined 11,262 SF portfolio sale
11,26219812022$2,375,000$211
5710 Dewey St
Warehouse/Distribution
6,65019682022$1,550,000$233
1090 S 56 Ave
Warehouse/Distribution
8,28319602022$1,000,000$121
5832 Funston St + 1 more parcel
Warehouse/Distribution · combined 6,144 SF portfolio sale
6,14419712022$500,000$81
1300 S 56 Ave
Warehouse/Distribution
5,62319662021$1,165,000$207
5610 Rodman St
Warehouse/Distribution
6,04819822021$920,000$152
5910 Rodman St
Warehouse/Distribution
6,04819712021$792,000$131
Recorded sale prices from Broward County public records. Comparable transactions — not an appraisal, and not an opinion of value for this or any property.

Important Disclosures

Not a listing. The property described on this page is not listed for sale or lease by Justin Crow or Mattis Advisors. Justin Crow has no listing authority for this property and does not represent the owner unless explicitly engaged in a written agreement.

Not an appraisal. Nothing on this page constitutes an appraisal, a Broker's Opinion of Value, or a Broker Price Opinion under Florida Statute 475.612. The submarket benchmarks shown are general market observations and are not specific opinions of value for this property.

Public records. All property data is sourced from the Broward County Property Appraiser's public records and is reproduced here for informational purposes. Property data may be inaccurate or out of date. Justin Crow makes no warranty as to the accuracy or completeness of any information on this page.

Owner opt-out. If you are the owner of this property and would prefer this page be removed, please email justin@mattisadvisors.com with the subject "Opt-out — Folio 514124103150." We will remove the page within 24 hours of receipt, no questions asked.

About. Justin Crow is a Florida-licensed real estate associate operating under Mattis Advisors. Brokerage activity is conducted through Mattis Advisors.