Two-Unit
For Sale
$579,900
101 NW 13th Avenue, Dania Beach, FL 33004
Two distinct residences offer a 2-bedroom layout, central air conditioning, and shared laundry and utility space.
Property Size1,508 SF
Price / SF$384.55
Days on Market125
Property Features for 101 NW 13th Avenue
General Information
Standard status
Active
Size
1,508 SF
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/1BA, 1 x 2BR/1.5BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,878
Building Details
Building Size
1,508 SF
Year Built
1972
Listing Agency:
RE/MAX 5 Star Realty
Listed By:
Yulianela Garces · License #3370646
(954) 439-5906
Source:
Irgflorida
Added: Jun 26
Changed: Oct 26
Last Checked: Oct 26 at 2:18PM
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 RE/MAX 5 Star Realty
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Investment Insights
Based on property information with market context.
This duplex contains two residences totaling 1,508 square feet. One unit has two bedrooms and one bathroom; the other has two bedrooms and one and a half bathrooms. Tile flooring, central A/C, and a utility room with laundry serve the property. Built in 1972, the building has had multiple updates.
The property is in Dania Beach, one block from Dania Pointe and minutes from the beach. A rent roll is available, and showings are scheduled by appointment.
The property is in Dania Beach, one block from Dania Pointe and minutes from the beach. A rent roll is available, and showings are scheduled by appointment.
Key Highlights
- Two units: one with 2 bedrooms and 1 bathroom, the other with 2 bedrooms and 1.5 bathrooms
- 1,508 square feet total
- Built in 1972; multiple updates
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,138
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,760
$502.8K
Cap Rate 7%
$359,114
$359.1K
Cap Rate 9%
$279,311
$279.3K
Market Conditions
NOI Build-Up for 1,508 SF
Gross rent
$38.0K $25.20/SF
− Vacancy
−$2.1K −$1.39/SF
EGI
$35.9K $23.81/SF
− OpEx
−$10.8K −$7.14/SF
NOI
$25.1K $16.67/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,760
Cap Rate 7%
$359,114
Cap Rate 9%
$279,311
Alternative Uses
Best Use
Multifamily LT 5
$359.1K
$314.2K – $419.0K
NOI $25,138 @ 7.0% cap · market cap 4.33%
Second Best
Apartment 5plus
$331.3K
$289.9K – $386.5K
NOI $23,192 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$765.1K
$669.4K – $892.6K
NOI $53,555 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,853
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct residences offer a 2-bedroom layout, central air conditioning, and shared laundry and utility space.
Where is this duplex located?
The property is located at 101 NW 13th Avenue Dania Beach, FL.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: Two units: one with 2 bedrooms and 1 bathroom, the other with 2 bedrooms and 1.5 bathrooms; 1,508 square feet total; Built in 1972; multiple updates
