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20 Southeast 12th Street, Dania Beach, FL, 33004
Updated Duplex with Interior Laundry

20 Southeast 12th Street Dania Beach, FL 33004

For Sale
$854,000

Meticulously updated duplex with impact-resistant windows and in-unit laundry, plus separate water and electric meters.

Property Size2,426 SF
Price / SF$352.02
Days on Market155

Property Features for 20 Southeast 12th Street

General Information

Standard status
Active
Size
2,426 SF
Property subtype
Multi-Family Income / Duplex

Building Details

Year Built
1975
Listing Agency: Luxe Living Realty
Listed By: Jose Santovena · License #3345407
Source: Compass
Added: Feb 18 Changed: Jul 23 Last Checked: Jul 23 at 9:08AM

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


Investment Insights

Based on property information with market context.

This meticulously updated duplex offers modern, tenant-ready interiors and practical, unit-by-unit upgrades. The property includes new impact-resistant windows and doors, updated flooring in Unit 22, and stainless steel appliances in both units. Each unit also features a fully legal, interior laundry room with a washer/dryer and central AC.

The duplex is located at 20 Southeast 12th Street in Dania Beach, Florida. The seller describes the home as being in the Dania Beach corridor with convenient access to the beach, the airport, and Dania Pointe.

A key operational feature is that the units have entirely separate water and electric meters, reducing the landlord’s utility responsibility. The property is presented as a turnkey option for an owner-occupant and as a straightforward income-producing asset for investors.

Key Highlights

  • Updated 1975‑built duplex with impact‑resistant windows and doors
  • Potential total rent of $7,000/month ($3,500 per unit)
  • Each unit includes in‑unit laundry with a washer/dryer under central AC

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $61.1k $25.20
− Vacancy −$3.4k −$1.39
EGI $57.8k $23.81
− OpEx −$17.3k −$7.14
NOI $40.4k $16.67
2,426 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$577.7K
$505.5K – $674.0K (±1% cap)
NOI $40,441 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$533.0K
$466.4K – $621.8K (±1% cap)
NOI $37,310 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,157 @ 7.0% cap · market cap 10.09%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Daycare Center Catering Service Parking Lot & Garage Butcher Tattoo & Piercing Shop Acupuncture Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Meticulously updated duplex with impact-resistant windows and in-unit laundry, plus separate water and electric meters.
Where is this duplex located?
The property is located at 20 Southeast 12th Street Dania Beach, FL.
What is the asking price?
The asking price for this property is $854,000.
What are key features of this property?
This property features: Updated 1975‑built duplex with impact‑resistant windows and doors; Potential total rent of $7,000/month ($3,500 per unit); Each unit includes in‑unit laundry with a washer/dryer under central AC
More about this property
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