Duplex on Oversized Double
For Sale
$670,000
214 SW 1st Avenue, Dania Beach, FL 33004
The property combines a two-unit residential format with a parcel exceeding 10,000 square feet.
Property Size1,424 SF
Price / SF$470.51
Days on Market213
Property Features for 214 SW 1st Avenue
General Information
Standard status
Active
Size
1,424 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$9,549
Building Details
Building Size
1,424 SF
Year Built
1930
Listing Agency:
New Way Realty Group
Listed By:
Anamaria Jecmenica · License #3488547
(786) 479-1406
Source:
Irgflorida
Added: Mar 30
Changed: Oct 27
Last Checked: Oct 27 at 3:26AM
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 New Way Realty Group
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Investment Insights
Based on property information with market context.
This 1930-built duplex contains 1,424 square feet and sits on a double lot measuring more than 10,000 square feet. The combination of a two-unit configuration and substantial parcel size defines the property’s physical offering.
The Dania Beach property is minutes from the beach, Fort Lauderdale-Hollywood International Airport, major highways, shopping, and dining.
The Dania Beach property is minutes from the beach, Fort Lauderdale-Hollywood International Airport, major highways, shopping, and dining.
Key Highlights
- Double lot with more than 10,000 square feet of land
- 1,424‑square‑foot duplex built in 1930
- Minutes from the beach and Fort Lauderdale‑Hollywood International Airport
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,738
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,760
$474.8K
Cap Rate 7%
$339,114
$339.1K
Cap Rate 9%
$263,756
$263.8K
Market Conditions
NOI Build-Up for 1,424 SF
Gross rent
$35.9K $25.20/SF
− Vacancy
−$2.0K −$1.39/SF
EGI
$33.9K $23.81/SF
− OpEx
−$10.2K −$7.14/SF
NOI
$23.7K $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%
$474,760
Cap Rate 7%
$339,114
Cap Rate 9%
$263,756
Alternative Uses
Best Use
Multifamily LT 5
$339.1K
$296.7K – $395.6K
NOI $23,738 @ 7.0% cap · market cap 3.54%
Second Best
Apartment 5plus
$312.9K
$273.8K – $365.0K
NOI $21,900 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$722.5K
$632.2K – $842.9K
NOI $50,572 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,807
Businesses Nearby
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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 - The property combines a two-unit residential format with a parcel exceeding 10,000 square feet.
Where is this duplex located?
The property is located at 214 SW 1st Avenue Dania Beach, FL.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: Double lot with more than 10,000 square feet of land; 1,424‑square‑foot duplex built in 1930; Minutes from the beach and Fort Lauderdale‑Hollywood International Airport
