Two-Unit Duplex with
For Sale
$495,000
37 SE 14TH Street #12, Dania Beach, FL 33004
Two separate residences include individual electric meters, a storage shed, and outdoor yard space in a residential setting.
Property Size1,265 SF
Price / SF$391.30
Days on Market19
Property Features for 37 SE 14TH Street #12
General Information
Standard status
Active
Size
1,265 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
NBHD-RES
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$7,642
Amenities
yard
storage shed
Building Details
Building Size
1,265 SF
Year Built
1955
Stories
1
Listing Agency:
A J Ryan Realty
Listed By:
John M Ryan · License #506936
(954) 258-5900
Source:
Laerrealty
Added: Sep 19
Changed: Oct 1
Last Checked: Oct 5 at 4:02PM
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 A J Ryan Realty
Investment Insights
Based on property information with market context.
This duplex contains two separate 1-bedroom, 1-bath units within a 1,265-square-foot property built in 1955. Each residence is separately metered for electricity, and the property includes a yard with a storage shed. NBHD-RES zoning is noted for the property.
Located at 37 SE 14th Street in Dania Beach, the property sits east of US-1 and is described as minutes from the beach. Dania Beach shopping, restaurants, entertainment, Fort Lauderdale-Hollywood International Airport, and major roadways are nearby. The two-unit layout may accommodate an owner occupant seeking one residence with a second unit for rent, or an investor evaluating a duplex configuration.
Located at 37 SE 14th Street in Dania Beach, the property sits east of US-1 and is described as minutes from the beach. Dania Beach shopping, restaurants, entertainment, Fort Lauderdale-Hollywood International Airport, and major roadways are nearby. The two-unit layout may accommodate an owner occupant seeking one residence with a second unit for rent, or an investor evaluating a duplex configuration.
Key Highlights
- Two separate 1‑bedroom, 1‑bath units
- 1,265‑square‑foot duplex built in 1955
- Separate electric meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,087
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,740
$421.7K
Cap Rate 7%
$301,243
$301.2K
Cap Rate 9%
$234,300
$234.3K
Market Conditions
NOI Build-Up for 1,265 SF
Gross rent
$31.9K $25.20/SF
− Vacancy
−$1.8K −$1.39/SF
EGI
$30.1K $23.81/SF
− OpEx
−$9.0K −$7.14/SF
NOI
$21.1K $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%
$421,740
Cap Rate 7%
$301,243
Cap Rate 9%
$234,300
Alternative Uses
Best Use
Multifamily LT 5
$301.2K
$263.6K – $351.5K
NOI $21,087 @ 7.0% cap · market cap 4.26%
Second Best
Apartment 5plus
$277.9K
$243.2K – $324.3K
NOI $19,455 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$641.8K
$561.6K – $748.8K
NOI $44,925 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,179
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences include individual electric meters, a storage shed, and outdoor yard space in a residential setting.
Where is this duplex located?
The property is located at 37 SE 14TH Street #12 Dania Beach, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Two separate 1‑bedroom, 1‑bath units; 1,265‑square‑foot duplex built in 1955; Separate electric meters for each unit
