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

  • MLS#:
    A12095118
  • 2,548
    sqft
  • $353
    / sqft
  • Built in
    1986
  • 35
    Days On Market
New For Sale
$899,000
Details
  • MLS Number:A12095118
  • Virtual Tour:YES
  • List Price:$899,000
  • Living Area:2,548 Ft² / 237 M²
  • Price Per Foot/Meter:$353 / $3,798
  • Bedrooms:
  • Taxes:$9,311
  • Year Built:1986
  • Days On Market:35
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.
Features
  • Floor:Ceramic Floor
Location
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