Turn-Key Multifamily Investment in Prime Dania Beach Location! High impact windows and doors. Don’t miss this rare opportunity to own a fully remodeled income-producing property just minutes from everything! Situated on a 11,250 sq.ft lot in a highly desir

2320 #5, Dania Beach

$925,000 USD
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Address2320 #5, Dania Beach
Building NameMARSHALLS EVERGLADE
Type of PropertyDuplex
Property StyleDuplex
Price$925,000
Property StatusActive
MLS NumberA11784051
Living Area1927
Year Built1957
Parking Space Number5
Folio Number504229011472
Gross Rent Income$100,800
Net Operating Income$80,460
Zoning InformationRS-6000
Days on Market171

Detailed Description: Turn-Key Multifamily Investment in Prime Dania Beach Location! High impact windows and doors. Don’t miss this rare opportunity to own a fully remodeled income-producing property just minutes from everything! Situated on a 11,250 sq.ft lot in a highly desirable area, this multi-unit gem offers five fully renovated units with strong rental income. Long-term Total Monthly Income: $8,400. Annual Income: $100,800 long term tenants. Long term tenants Estimated CAP Rate: 8.7% very attractive return, especially for a fully remodeled, income-generating property in a growing area! Daily rentals nightly rate is $450 Annual income potential: $160,000. There’s potential to expand up to the 4,500 sq.ft coverage limit, The RS-6 district generally permits structures up to 2 stories or 35 ft in height.

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Address Information
StateFlorida
CityDania Beach
CountyBroward County
Zip Code33312
Address2320
Section29
Financial Information
Price$925,000
Price per Foot$0
Folio Number504229011472
Gross Rent Income$100,800
Net Operating Income$80,460
Tax Amount$7,945
Tax Year2024
Possession InformationNegotiable
Full Descriptions
Detailed DescriptionTurn-Key Multifamily Investment in Prime Dania Beach Location! High impact windows and doors. Don’t miss this rare opportunity to own a fully remodeled income-producing property just minutes from everything! Situated on a 11,250 sq.ft lot in a highly desirable area, this multi-unit gem offers five fully renovated units with strong rental income. Long-term Total Monthly Income: $8,400. Annual Income: $100,800 long term tenants. Long term tenants Estimated CAP Rate: 8.7% very attractive return, especially for a fully remodeled, income-generating property in a growing area! Daily rentals nightly rate is $450 Annual income potential: $160,000. There’s potential to expand up to the 4,500 sq.ft coverage limit, The RS-6 district generally permits structures up to 2 stories or 35 ft in height.
How to ReachFrom I-95 South or North: Take Exit 23 for Griffin Road. Head west on Griffin Road. Go approximately 0. 5 miles, turn left onto SW 22nd Avenue, Continue for about 0. 2 miles. Turn right onto SW 44th Street. 2230 SW 44th St will be on your left.
Roof DescriptionShingle
Cooling DescriptionCentral Air
Heating DescriptionCentral
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Property parameters
Living Area1927
Zoning InformationRS-6000
Year Built1957
Type of PropertyDuplex
StyleDuplex
Building NameMARSHALLS EVERGLADE
Development NameMARSHALLS EVERGLADE
Construction TypeCBS Construction
Stories Number1.000
Parking Space Number5
Listed withLoKation