Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    North Hollywood 2/2 Unit Title is generated by Realmo AI

    254 SW 15th St 1-2, Dania Beach, FL 33004

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,975 /Mo

    Rear unit with new appliances and backyard with mango tree.

    Type:Multi Family
    Added:
    Apr 10, 2026
    Days on Market:
    34
    Last Refresh:
    Apr 10 at 8:25 am

    Property Features for 254 SW 15th St 1-2

    General Information

    Standard status
    Active
    Property subtype
    Multi Family

    Building Details

    Year Built
    1956

    We can help!

    Listing Contact
    Timothy McCarthy

    Listing agent Timothy McCarthy License #0605851

    Listing office Dalton Wade

    Listing date Apr 10, 2026

    Source Elliman

    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 Dalton Wade

    HighLights

    • New stove and refrigerator included
    • Features two bedrooms and two bathrooms (2/2)
    • Backyard with a large mango tree
    • Freshly painted with new paint
    • Enjoy privacy in this rear unit
    • Lots of room to make it your own

    Overview

    This North Hollywood property features a 2-bedroom, 2-bathroom unit. The unit has been recently updated with new paint, a new stove, and a new refrigerator. The property includes a backyard with a large mango tree. The unit is located at the rear of a 15-unit alley. The walk score is 56, indicating it is somewhat walkable. The bike score is 47, indicating it is somewhat bikeable. The transit score is 35, indicating some transit options are available.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dania Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1469456
    Latitude
    26.0347248

    Nearby Similar for Lease

    • $2,200/Mo

      Renovated Commercial Unit in Hollywood

      Turnkey space ideal for various professional uses in Hollywood.
      5980 SW 40th Ave, Dania Beach, FL 33312
      View Details
    • $17 SF/Yr

      Dania Beach Flex Space Available

      Flexible office-warehouse spaces for lease near Dania Pointe Mall.
      74 SW 12th Ave, Dania Beach, FL 33004
      View Details
    • $28 SF/Yr

      Prime Ground-Floor Commercial Space

      Versatile commercial unit in high-demand location, suitable for various uses.
      2990 Griffin Rd, Dania Beach, FL 33312
      View Details
    • $2,800/Mo

      Dania Beach Second-Floor Retail Space

      Prime commercial space with high visibility and accessibility in Dania Beach.
      2990 Griffin Rd, Dania Beach, FL 33312
      View Details
    • $3,400/Mo

      Dania Beach Class A Office

      Class A office space in high-traffic Dania Beach location.
      45 E Sheridan St, Dania Beach, FL 33004
      View Details
    • $17 SF/Yr

      Dania Beach Office Space Available

      Office space for lease near Dania Pointe Mall.
      74 SW 12th Ave, Dania Beach, FL 33004
      View Details
    • $25 SF/Yr

      New Construction Warehouse in Dania

      New warehouse space available in Dania Beach near FLL.
      684 SW 7th Ter, Dania Beach, FL 33004
      View Details
    • $2,800/Mo

      Storefront on US1 in Dania

      Clean 750 SF storefront near Hollywood available for rent.
      212 N Federal Hwy, Dania Beach, FL 33004
      View Details
    • $950/Mo

      Retail Space on Dania Beach Boulevard

      Retail or office space with vacant land in improving corridor.
      518 W Dania Beach Blvd, Dania Beach, FL 33004
      View Details
    • $20 SF/Yr

      Medical Office in Dania Beach

      17,500 SF medical office space for lease.
      151 SW 1st St, Dania Beach, FL 33004
      View Details
    • $3,250/Mo

      Dania Beach Retail/Flex Space

      Open concept retail/flex space in prime Dania Beach location.
      24 NE 1st Ave, Dania Beach, FL 33004
      View Details
    • $4,400/Mo

      Dania Beach Flex Space

      Turnkey flex space in a gated community with 24-hour access.
      2937 Ravenswood Rd, Dania Beach, FL 33312
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Rear unit with new appliances and backyard with mango tree.
    Where is this multifamily property located?
    The property is located at 254 SW 15th St 1-2 Dania Beach, FL.
    What is the lease rate?
    The lease rate is $1,975 /Mo.
    What are key features of this property?
    This property features: New stove and refrigerator included; Features two bedrooms and two bathrooms (2/2); Backyard with a large mango tree
    (954) 439-1442
    We can help!
    Listing Contact
    Timothy McCarthy
    Real Estate License ID: 0605851
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    254 SW 15th St 1-2, Dania Beach, FL 33004
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!