Two-Unit Duplex with
For Sale
$785,000
19 SE 4th Terrace, Dania Beach, FL 33004
Fully occupied duplex with separate in-unit laundry and new air-conditioning systems.
Property Size2,036 SF
Price / SF$385.56
Days on Market69
Property Features for 19 SE 4th Terrace
General Information
Standard status
Active
Size
2,036 SF
Property subtype
Multi-family
Occupancy
100%
Lease Term
[]
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
in-unit laundry
air conditioning
Building Details
Year Built
1988
Listing Agency:
One Sotheby's International Realty
Listed By:
Krysten Naranjo · License #3445073
(305) 494-0625
Source:
Onesothebysrealty
Added: Aug 13
Changed: Oct 14
Last Checked: Oct 19 at 9:47AM
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 One Sotheby's International Realty
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Investment Insights
Based on property information with market context.
Located at 19 SE 4th Ter in Dania Beach, this two-unit residential income property was built in 1988. The unit mix includes one three-bedroom, two-bath residence and one two-bedroom, one-bath residence. Each unit has its own laundry area and a new air-conditioning unit.
Both residences are occupied under different lease arrangements: Unit A is leased month-to-month, while Unit B is subject to an annual lease. The property is near beaches, dining, shopping, major highways, Fort Lauderdale airport, and Dania Pointe, placing everyday amenities and regional transportation within the surrounding area.
Both residences are occupied under different lease arrangements: Unit A is leased month-to-month, while Unit B is subject to an annual lease. The property is near beaches, dining, shopping, major highways, Fort Lauderdale airport, and Dania Pointe, placing everyday amenities and regional transportation within the surrounding area.
Key Highlights
- Two‑unit duplex built in 1988
- Unit A: 3 bed/2 bath with a month‑to‑month lease
- Unit B: 2 bed/1 bath with an annual lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,940
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,800
$678.8K
Cap Rate 7%
$484,857
$484.9K
Cap Rate 9%
$377,111
$377.1K
Market Conditions
NOI Build-Up for 2,036 SF
Gross rent
$51.3K $25.20/SF
− Vacancy
−$2.8K −$1.39/SF
EGI
$48.5K $23.81/SF
− OpEx
−$14.5K −$7.14/SF
NOI
$33.9K $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%
$678,800
Cap Rate 7%
$484,857
Cap Rate 9%
$377,111
Alternative Uses
Best Use
Multifamily LT 5
$484.9K
$424.3K – $565.7K
NOI $33,940 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$447.3K
$391.4K – $521.9K
NOI $31,312 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$1.03M
$903.8K – $1.21M
NOI $72,306 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,491
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
Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied duplex with separate in-unit laundry and new air-conditioning systems.
Where is this duplex located?
The property is located at 19 SE 4th Terrace Dania Beach, FL.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1988; Unit A: 3 bed/2 bath with a month‑to‑month lease; Unit B: 2 bed/1 bath with an annual lease
