Remodeled Duplex with
For Sale
$799,000
106 NW 12TH Avenue # 2 Unit 1-2, Dania Beach, FL 33004
One-story duplex with an additional efficiency and updated interiors.
Property Size1,935 SF
Price / SF$412.92
Days on Market95
Property Features for 106 NW 12TH Avenue # 2 Unit 1-2
General Information
Standard status
Active
Size
1,935 SF
Property subtype
Duplex
Financials
Cap Rate
9%
Gross Income
$73,200
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,583
Building Details
Building Size
1,935 SF
Year Built
1972
Stories
1
Listing Agency:
Realsperity
Listed By:
Daniel Machini · License #3494272
(954) 324-2454
Source:
Relinkre
Added: Jul 14
Changed: Oct 14
Last Checked: Oct 15 at 6:43AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This one-story duplex in Dania Beach, Florida, contains 1,935 square feet of finished living space and includes an efficiency alongside the two-unit configuration. The property was built in 1972 and has undergone a complete remodel, providing updated interiors for residential occupancy.
The layout may suit an owner-occupant or investor seeking a residential income property. Current property information identifies monthly income of $6100 and a Gross Cap Rate of 9%.
The layout may suit an owner-occupant or investor seeking a residential income property. Current property information identifies monthly income of $6100 and a Gross Cap Rate of 9%.
Key Highlights
- 1,935 square feet of finished living space
- Duplex configuration with an additional efficiency
- Completely remodeled interiors
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
NOI $32,256 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$425.1K
$372.0K – $496.0K
NOI $29,759 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$981.7K
$859.0K – $1.15M
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
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,181
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?
Duplex - One-story duplex with an additional efficiency and updated interiors.
Where is this duplex located?
The property is located at 106 NW 12TH Avenue # 2 Unit 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: 1,935 square feet of finished living space; Duplex configuration with an additional efficiency; Completely remodeled interiors
