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(754) 799-7545
Real Estate Company
235-237 Sw 12th St, Dania Beach, FL 33004
- $899,000
- 2,548
- SqFt
- List Price
- $899,000
- Days on Market
- 36
- MLS#
- A12095118
- Year Built
- 1986
- Living Area
- 2,548
- Building Name
- North Hollywood
Property Description
CASH COW IN DANIA BEACH! Offered at $899,000 with owner-reported gross income of $9,750/month ($117,000/year). Originally 2 units, now arranged as 4 rental spaces PLUS an income-producing camper included in the sale! 235: 2BR/1BA with service entrance and a patio ideal for outdoor entertaining—$2,500/month. 237 A: 2BR/1BA with a private patio; tenant pays utilities—$2,450/month. 237 B: Efficiency with a walk-in closet—$1,500/month. 237 C: Newly updated 2BR/1BA with a new kitchen and bathroom—$2,250/month. Camper: Connected to water and electricity—$1,050/month. All four rental spaces have in-unit washers and dryers! AC centrals or split. Reported annual expenses of $23,400 leave $93,600 before vacancy, repairs, reserves, additional management and debt service, indicating a 10.41% cap rate at asking price if all current rents continue. Additional conversions are unauthorized. Buyer to verify permitted uses, camper rental status, leases, income and expenses.
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Additional Information
- Taxes
- $9,311
- Community Features
- North Hollywood
- Property Description
- Duplex
- Zoning
- NBHD-RES
- Heating
- None
- Air Conditioning
- Central Air, Electric
- Exterior Construction
- Concrete Block Construction
- Roof
- Shingle
Listing Courtesy Of Brickell Brokers LLC, Contact: