$530,000
●
Multifamily -
Off Market
Studio
0 Bath
2,710 Ft²
$644,518
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
7.4% CAP RATE ON THIS TRIPLEX LOCATED BLOCKS FROM THE NEW DANIA
POINTE! THE 2 END UNITS ARE 4 BEDROOMS/2 BATHROOMS AND THE MIDDLE
UNIT IS A STUDIO. ALL UNITS RENTED. PROPERTY HAS BEEN MAINTAINED.
NEW ROOF INSTALLED in 2016. BOTH END UNITS HAVE CENTRAL A/C (1 UNIT
IS 2018 & THE OTHER UNIT IS 2020). THE STUDIO HAS WINDOW A/C
(2019). THE WATER HEATERS: 2 ARE 2019 AND 1 IS 2017.
HURRICANE SHUTTERS FOR ALL WINDOWS. CURRENT RENT: Unit
1-$1800/month, Unit 2-$750/month, and Unit 3-$1950/month. PLENTY OF
PARKING SPACES IN FRONT OF THE TRIPLEX. BOTH 4/2s HAVE
WASHER/DRYER. EACH UNIT HAS ELECTRIC (FP&L METER) AND BUILDING
HAS 1 WATER METER. EARN $$$ ON DAY 1 OF THIS INVESTMENT PROPERTY.
LOTS OF GREAT DEVELOPMENT GOING ON IN DANIA BEACH.
Unit Size
2,710 Ft²
Days on Market
-
Land Size
-
Price per sqft
$196
Property Type
Multifamily
Property Taxes
$620
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
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%.
How much can I actually make?
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.
How is cap rate calculated?
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.
Last updated: 3 years ago (Beaches MLS #F10273572)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2021 | Sold | ||
| Sold | |||
| Mar 2, 2021 | Listed by LoKation | $530,000 | |
| Listed by LoKation | |||
Property Highlights
Parking Details
Parking: 6 Spaces
Interior Details
Flooring Type: Ceramic Floor
Exterior Details
Listing Terms: Cash, Conventional, FHA, VA
New Construction
Construction Type: Concrete Block Construction
Exterior Features: Fruit Trees, Open Porch, Patio, Screened Porch, Storm/Security Shutters
Lot Features: Less Than 1/4 Acre Lot
Financial Details
Total Taxes: $7,442
Tax Year: 2020
Possession Information: Funding
Utilities Details
Heating Type: Electric Heat, Window/Wall
Cooling Type: Ceiling Fans, Central Cooling, Electric Cooling
Sewer Septic: Municipal Sewer
Location Details
Subdivision Complex Building: Town of Dania Beach
Water Description: Municipal Water
Zoning Information: RID-8000
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Similar Homes for Sale
Currently no similar homes around
Listed by: Minal Shah
LoKation
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10273572
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
LoKation
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10273572
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