Furnished Duplex with Private
For Sale
$699,200
20 SE 12th St, Dania Beach, FL 33004
Residential Income, Dania Beach, FL
Property Size2,426 SF
Price / SF$288.21
Days on Market76
Property Features for 20 SE 12th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
NBHD-RES
Bedrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 3, Bathroom 4, Bedroom 1
Parking
4
Security features
Security
Window features
Tinted Windows
Patio and Porch features
Patio
Exterior features
Fence, Fruit Trees, Patio, Security/High Impact Doors
Fencing
Fenced
Subdivision
DIXIE WAY
Lot features
< 1/4 Acre
Standard status
Active
APN
514203240045
Size
2,426 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
DIXIE WAY 12-4 B LOT 16,17,18 E2/3 BLK 2 TOG WITH 3-51-42 PT OF W1/2 OF NW1/4 OF SW1/4 OF SE1/4 DESC AS BEG NE COR OF LOT 16 OF DIXIE WAY,EL
Tax Annual Amount
14516
Legal Description
DIXIE WAY 12-4 B LOT 16,17,18 E2/3 BLK 2 TOG WITH 3-51-42 PT OF W1/2 OF NW1/4 OF SW1/4 OF SE1/4 DESC AS BEG NE COR OF LOT 16 OF DIXIE WAY,EL
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
private patio
central A/C
interior laundry
washer and dryer
impact windows and doors
stainless-steel appliances
Building Details
Year built
1975
Floors in Building
1
Flooring type
Laminate, Tile, Tile - Ceramic
Building materials
Brick, Block
Roof type
Shingle
Listing Agency:
Luxe Living Realty
(305) 673-6787
Listed By:
Jose Santovena · License #3345407
(786) 327-7527
Added: Jul 18
Changed: Sep 13
Last Checked: Oct 1 at 1:06PM
MLS# A11967531
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,426-square-foot duplex contains two furnished residences, each arranged with two bedrooms and two bathrooms. Both units include central air conditioning, interior laundry with a washer and dryer, a private patio, updated interiors, stainless-steel appliances, and separate water and electric meters. Impact windows and doors are installed throughout, while Unit 22 also has recently updated flooring. The property was built in 1975 and includes four dedicated parking spaces, fencing, fruit trees, and public water and sewer.
The property is positioned east of US-1 in Dania Beach, within walking distance of Publix and a short drive from Dania Beach, Fort Lauderdale-Hollywood International Airport, Dania Pointe, dining, and major highways. Its location and two-unit configuration support owner occupancy, extended-family use, or operation as two rental residences, as described for the property.
The property is positioned east of US-1 in Dania Beach, within walking distance of Publix and a short drive from Dania Beach, Fort Lauderdale-Hollywood International Airport, Dania Pointe, dining, and major highways. Its location and two-unit configuration support owner occupancy, extended-family use, or operation as two rental residences, as described for the property.
Key Highlights
- 2,426‑square‑foot duplex with two 2‑bedroom, 2‑bath residences
- Fully furnished units with updated interiors and stainless‑steel appliances
- Four dedicated parking spaces and no HOA
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$40,441
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $40,441 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$533.0K
$466.4K – $621.8K
NOI $37,310 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,157 @ 7.0% cap · market cap 12.32%
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
1,122
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
Check the figures for this property
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 - Two separately metered residences include central air, interior laundry, private patios, and dedicated parking.
Where is this duplex located?
The property is located at 20 SE 12th St 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: 2,426‑square‑foot duplex with two 2‑bedroom, 2‑bath residences; Fully furnished units with updated interiors and stainless‑steel appliances; Four dedicated parking spaces and no HOA
