Two-Unit Residential
For Sale
$625,000
210 SE 5TH Street, Dania Beach, FL 33004
Separate apartments on two levels offer a 3-bedroom layout downstairs and a 1-bedroom residence above.
Property Size1,971 SF
Price / SF$317.10
Days on Market14
Property Features for 210 SE 5TH Street
General Information
Standard status
Active
Size
1,971 SF
Total Parking Spaces
6
Property subtype
Residential Income
Zoning
NBHD-RES
Units
Unit Mix
1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,193
Building Details
Building Size
1,971 SF
Year Built
1968
Stories
2
Listing Agency:
A J Ryan Realty
Listed By:
Archibald J Ryan · License #3264929
(954) 937-2111
Source:
Laerrealty
Added: Sep 24
Changed: Sep 26
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 two-story duplex contains two apartments: a 3-bedroom, 2-bathroom unit on the first floor and a 1-bedroom, 1-bathroom unit upstairs. The building totals 1,971 square feet and was constructed in 1968. NBHD-RES zoning applies.
The property is east of US1 in Dania Beach, within a residential neighborhood. Its location is described as minutes from the beach, shopping, and entertainment.
The property is east of US1 in Dania Beach, within a residential neighborhood. Its location is described as minutes from the beach, shopping, and entertainment.
Key Highlights
- Two apartments: 3 bedrooms and 2 bathrooms on the first floor; 1 bedroom and 1 bathroom upstairs
- 1,971 square feet across two stories
- Built in 1968
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,856
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,120
$657.1K
Cap Rate 7%
$469,371
$469.4K
Cap Rate 9%
$365,067
$365.1K
Market Conditions
NOI Build-Up for 1,971 SF
Gross rent
$49.7K $25.20/SF
− Vacancy
−$2.7K −$1.39/SF
EGI
$46.9K $23.81/SF
− OpEx
−$14.1K −$7.14/SF
NOI
$32.9K $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%
$657,120
Cap Rate 7%
$469,371
Cap Rate 9%
$365,067
Alternative Uses
Best Use
Multifamily LT 5
$469.4K
$410.7K – $547.6K
NOI $32,856 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$433.0K
$378.9K – $505.2K
NOI $30,313 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$1,000.0K
$875.0K – $1.17M
NOI $69,998 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,134
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate apartments on two levels offer a 3-bedroom layout downstairs and a 1-bedroom residence above.
Where is this duplex located?
The property is located at 210 SE 5TH Street Dania Beach, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two apartments: 3 bedrooms and 2 bathrooms on the first floor; 1 bedroom and 1 bathroom upstairs; 1,971 square feet across two stories; Built in 1968
