517 NE 2nd Place
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2025 | Listed | $965,000 | |
| Listed | |||
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Experience beautiful Florida living in this 3-bedroom plus office, 3-bath home featuring a heated pool and lush tropical setting. The property includes a 1-car garage (under A/C) with hurricane-rated overhead door and side entrance. Freshly painted inside, the home offers updated kitchens and baths, classic terrazzo floors, impact windows and doors, for yours and house best protection.
The welcoming open floor plan flows seamlessly from the breakfast area and family room to a stunning pool and backyard oasis—perfect for entertaining. The primary bedroom features vaulted ceilings and two private balconies. Additional highlights include two A/C units, two water heaters, and a large laundry room.
The fully fenced yard includes a rear alley gate, and the west side of the home offers a paver walkway with discreet storage for trash bins. Located in a charming, walkable neighborhood near a scenic yacht basin and waterfront homes. Walk or bike to the beach—approximately 1.5 miles away.
Enjoy nearby Frost Park, just a short walk, offering tennis and basketball courts, as well as several baseball fields. The city hosts an annual Art & Seafood Festival in the spring and a motorcycle display and competition every January. Minutes from Dania Pointe, featuring popular restaurants and shopping.
A true small-town feel with a beautiful beach, fishing pier, and vibrant community—be sure to explore all that Dania Beach has to offer.
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| May 5, 2023 | Sold | ||
| Sold | |||
| Dec 17, 2022 | Listed by Classic Properties | $849,000 | |
| Listed by Classic Properties | |||
| Sep 1, 1991 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017