Two-Unit Duplex with
For Sale
$699,999
20 SE 13th Terrace, Dania Beach, FL 33004
The property includes fenced outdoor space, impact windows, and washer-and-dryer equipment.
Property Size2,166 SF
Price / SF$323.18
Days on Market68
Property Features for 20 SE 13th Terrace
General Information
Standard status
Active
Size
2,166 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Additional Details
Furnished
Yes
Amenities
fully fenced backyard
washer and dryer
Building Details
Year Built
1955
Tenancy
Single
Listing Agency:
Luxe Properties
(305) 809-7650
Listed By:
Vanessa Gonzalez · License #3439032
(305) 527-9579
Source:
Lehmannflorida
Added: Aug 1
Changed: Oct 6
Last Checked: Oct 5 at 7:34PM
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 Properties
Investment Insights
Based on property information with market context.
Built in 1955, this 2,166-square-foot duplex contains two residential units, each with two bedrooms and two full bathrooms. Both sides feature impact windows, washer-and-dryer equipment, and fully fenced backyards. Front parking is provided, and one unit is furnished. The second unit is occupied by a long-term tenant.
Zoned NBHD-RES, the property is located at 20 SE 13th Terrace in Dania Beach. The source information identifies potential use for short-term rental, long-term rental, or owner occupancy in one unit while renting the other. There is no association, and the property is described as being near Dania Point, shops, and beaches.
Zoned NBHD-RES, the property is located at 20 SE 13th Terrace in Dania Beach. The source information identifies potential use for short-term rental, long-term rental, or owner occupancy in one unit while renting the other. There is no association, and the property is described as being near Dania Point, shops, and beaches.
Key Highlights
- Two‑unit duplex with 2,166 square feet of total property size
- Each unit includes 2 bedrooms and 2 full bathrooms
- One side is fully furnished; the other has a long‑term tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,107
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$722,140
$722.1K
Cap Rate 7%
$515,814
$515.8K
Cap Rate 9%
$401,189
$401.2K
Market Conditions
NOI Build-Up for 2,166 SF
Gross rent
$54.6K $25.20/SF
− Vacancy
−$3.0K −$1.39/SF
EGI
$51.6K $23.81/SF
− OpEx
−$15.5K −$7.14/SF
NOI
$36.1K $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%
$722,140
Cap Rate 7%
$515,814
Cap Rate 9%
$401,189
Alternative Uses
Best Use
Multifamily LT 5
$515.8K
$451.3K – $601.8K
NOI $36,107 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$475.9K
$416.4K – $555.2K
NOI $33,312 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$1.10M
$961.5K – $1.28M
NOI $76,923 @ 7.0% cap · market cap 10.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Single-tenant
Tenancy
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
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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 - The property includes fenced outdoor space, impact windows, and washer-and-dryer equipment.
Where is this duplex located?
The property is located at 20 SE 13th Terrace Dania Beach, FL.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Two‑unit duplex with 2,166 square feet of total property size; Each unit includes 2 bedrooms and 2 full bathrooms; One side is fully furnished; the other has a long‑term tenant
