Six-Unit Apartment
For Sale
$1,270,000
1-6-213 Se Park St, Dania Beach, FL 33004
Four one-bedroom apartments and two studios are located in the East Dania Beach Boulevard Mixed-Use District.
Property Size2,690 SF
Lot Size0.27 Acres
Price / SF$472.12
Days on Market21
Property Features for 1-6-213 Se Park St
General Information
Standard status
Active
Size
2,690 SF
Lot size
0.27 Acres
Property subtype
Residential Income
Zoning
EDBB-MU
Net Operating Income
$52,202
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
4 x 1BR/1BA, 2 x studio
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$19,334
Listing Agency:
Media Realty
(954) 923-2325
Listed By:
Peter Dacko III · License #0600065
(954) 232-7714
Source:
Exprealty
Added: Sep 26
Changed: Oct 15
Last Checked: Oct 15 at 2:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Media Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This six-unit apartment property contains four one-bedroom, one-bath apartments and two studio units. The building totals 2,690 square feet and occupies an approximately 11,658-square-foot corner parcel in the EDBB-MU East Dania Beach Boulevard Mixed-Use District.
The property is minutes from the beach, Fort Lauderdale-Hollywood International Airport, I-95, downtown Fort Lauderdale, employment centers, retail, dining and entertainment. Its district designation and location near the Federal Highway corridor place it within an area identified in city redevelopment planning for mixed-use and commercial redevelopment.
The property is minutes from the beach, Fort Lauderdale-Hollywood International Airport, I-95, downtown Fort Lauderdale, employment centers, retail, dining and entertainment. Its district designation and location near the Federal Highway corridor place it within an area identified in city redevelopment planning for mixed-use and commercial redevelopment.
Key Highlights
- Six units: four 1BR/1BA apartments and two studios
- 2,690‑square‑foot property on an approximately 11,658‑square‑foot corner parcel
- Located in the EDBB‑MU East Dania Beach Boulevard Mixed‑Use District
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,370
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,400
$827.4K
Cap Rate 7%
$591,000
$591.0K
Cap Rate 9%
$459,667
$459.7K
Market Conditions
NOI Build-Up for 2,690 SF
Gross rent
$78.8K $29.28/SF
− Vacancy
−$3.5K −$1.32/SF
EGI
$75.2K $27.96/SF
− OpEx
−$33.8K −$12.58/SF
NOI
$41.4K $15.38/SF
Area
Broward County, FL
Vacancy
4.50%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,400
Cap Rate 7%
$591,000
Cap Rate 9%
$459,667
Alternative Uses
Best Use
Apartment 5plus
$591.0K
$517.1K – $689.5K
NOI $41,370 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,533 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
6
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,526
Businesses Nearby
Explore this area
Business Placement
Demographics for 33004, FL
16,162
Population
9,427
Households
1.7
Avg Household Size
45
Median Age
34%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
2,377
Density / Sq Mi
$50,783
Median Household Income
$41,540
Median Earnings
$1,616
Median Rent
$336,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Four one-bedroom apartments and two studios are located in the East Dania Beach Boulevard Mixed-Use District.
Where is this apartment building located?
The property is located at 1-6-213 Se Park St Dania Beach, FL.
What is the asking price?
The asking price for this property is $1,270,000.
What are key features of this property?
This property features: Six units: four 1BR/1BA apartments and two studios; 2,690‑square‑foot property on an approximately 11,658‑square‑foot corner parcel; Located in the EDBB‑MU East Dania Beach Boulevard Mixed‑Use District
