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Duplex With Private Patios
For Sale
$699,200

20 SE 12th Street, Dania Beach, FL 33004

Two furnished residences feature separate utility meters, in-unit laundry, and dedicated parking.

Property Size2,426 SF
Price / SF$288.21
Days on Market255

Property Features for 20 SE 12th Street

General Information

Standard status Active
Size 2,426 SF
Total Parking Spaces 4
Property subtype Duplex

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x 2BR/2BA
Multifamily Units 2
Individually Metered Utilities water, electricity

Additional Details

Furnished Yes

Taxes and HOA fees

Annual Taxes $14,516

Amenities

private patio
central A/C
in-unit laundry
impact windows and doors
stainless-steel appliances

Building Details

Building Size 2,426 SF
Year Built 1975
Listing Agency: Luxe Living Realty
Listed By: Jose M Santovena · License #3345407
Source: Irgflorida
Added: Feb 18 Changed: Oct 26 Last Checked: Oct 26 at 2:54PM

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 Luxe Living Realty

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Investment Insights

Based on property information with market context.

Built in 1975, this 2,426-square-foot duplex contains two furnished residences, each with two bedrooms, two bathrooms, central A/C, a private patio, and an interior laundry area with washer and dryer. The units have updated interiors and stainless-steel appliances; flooring in Unit 22 was also recently refreshed. Impact-rated windows and doors are installed throughout, and each residence has separate water and electric meters.

The property is east of US-1, within walking distance of Publix. Dania Beach, Fort Lauderdale-Hollywood International Airport, Dania Pointe, dining, and major highways are a short drive away. Four dedicated parking spaces serve the duplex, and there is no HOA.

Key Highlights

  • Two residences, each with 2 bedrooms and 2 bathrooms
  • 2,426 square feet; built in 1975
  • Private patio and in‑unit washer and dryer in each residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,441
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,820 $808.8K
Cap Rate 7%
$577,729 $577.7K
Cap Rate 9%
$449,344 $449.3K
Market Conditions
NOI Build-Up for 2,426 SF
Gross rent
$61.1K $25.20/SF
− Vacancy
−$3.4K −$1.39/SF
EGI
$57.8K $23.81/SF
− OpEx
−$17.3K −$7.14/SF
NOI
$40.4K $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%
$808,820
Cap Rate 7%
$577,729
Cap Rate 9%
$449,344

Alternative Uses

Best Use
Multifamily LT 5
$577.7K
$505.5K – $674.0K (±1% cap)
NOI $40,441 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$533.0K
$466.4K – $621.8K (±1% cap)
NOI $37,310 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,157 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,122
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two furnished residences feature separate utility meters, in-unit laundry, and dedicated parking.
Where is this duplex located?
The property is located at 20 SE 12th Street Dania Beach, FL.
What is the asking price?
The asking price for this property is $699,200.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 2 bathrooms; 2,426 square feet; built in 1975; Private patio and in‑unit washer and dryer in each residence
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