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

$899,000
2,548
SqFt

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List Price
$899,000
MLS#
A12095118
Sq. Ft
2,548
Subtype
Duplex
County
Broward
Community
North Hollywood
Subdivision
North Hollywood
Year Built
1986

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.

Additional Information

Status Label
ACTIVE
Total Unitsin Complex
4
Construction
Concrete Block Construction
Cooling
Central Air, Electric
Flooring
Ceramic Floor
Heating
None
Lot Description
Less Than 1/4 Acre Lot
Roof
Shingle
Taxes
$9,311
Total Floors
1
Stories
1
Roofing
Shingle
Price Per Sqft
$352

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Listing Courtesy Of Brickell Brokers LLC, Contact: