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Duplex Residential Income Property
For Sale
$799,000

106 NW 12TH Avenue #1-2, Dania Beach, FL 33004

For sale duplex with unit 1-2 configuration at 106 NW 12TH Avenue, Dania Beach, FL.

Property Size1,935 SF
Price / SF$412.92
Days on Market104

Property Features for 106 NW 12TH Avenue #1-2

General Information

Standard status Active
Size 1,935 SF
Property subtype Duplex

Building Details

Year Built 1972
Listing Agency: Realsperity
Listed By: Daniel Machini · License #3494272
Source: Lehmannflorida
Added: Jul 14 Changed: Oct 23 Last Checked: Oct 24 at 5:44PM

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 Realsperity

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Investment Insights

Based on property information with market context.

This for-sale duplex residential income property is listed as units 1-2 at 106 NW 12TH Avenue. The offering is categorized under duplexes, multifamily properties, and residential income properties.

The property is located in Dania Beach, Florida. Its address is provided as 106 NW 12TH Avenue Unit 1-2, Dania Beach, FL 33004.

No additional unit details, building characteristics, or amenities were provided, so potential buyers are encouraged to review the property directly and confirm all features relevant to their use and underwriting.

Key Highlights

  • Duplex for sale at 106 NW 12th Avenue, Dania Beach, FL
  • Year built: 1972
  • Unit 1‑2 configuration duplex

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,256
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,120 $645.1K
Cap Rate 7%
$460,800 $460.8K
Cap Rate 9%
$358,400 $358.4K
Market Conditions
NOI Build-Up for 1,935 SF
Gross rent
$48.8K $25.20/SF
− Vacancy
−$2.7K −$1.39/SF
EGI
$46.1K $23.81/SF
− OpEx
−$13.8K −$7.14/SF
NOI
$32.3K $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%
$645,120
Cap Rate 7%
$460,800
Cap Rate 9%
$358,400

Alternative Uses

Best Use
Multifamily LT 5
$460.8K
$403.2K – $537.6K (±1% cap)
NOI $32,256 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$425.1K
$372.0K – $496.0K (±1% cap)
NOI $29,759 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$981.7K
$859.0K – $1.15M (±1% cap)
NOI $68,719 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

1,853
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - For sale duplex with unit 1-2 configuration at 106 NW 12TH Avenue, Dania Beach, FL.
Where is this duplex located?
The property is located at 106 NW 12TH Avenue #1-2 Dania Beach, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Duplex for sale at 106 NW 12th Avenue, Dania Beach, FL; Year built: 1972; Unit 1‑2 configuration duplex
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