235-237 Sw 12th St, Dania Beach, FL 33004

$899,000
: 2,548
SqFt

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List Price: $899,000
MLS: A12095118
Complex Name: North Hollywood
Status: ACTIVE
Type: Multifamily
Living Area: 2,548

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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.

954-667-9110

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Additional Information

Days on Market: 6
Style: Duplex
#Parking Spaces: 5
Year Built: 1986
Development Name: North Hollywood
#Stories: 1
Construction Type: Concrete Block Construction
Section: 3