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Duplex with Community Pool

215 SE 3rd St, Dania Beach, FL 33004

For Sale
New
$1,050,000

Four rentable rooms have separate entrances, alongside a private apartment with a carport.

Property Size3,015 SF
Days on Market1

Property Features for 215 SE 3rd St

General Information

Standard status Active
Size 3,015 SF
Property subtype Investment
Net Operating Income $41,203

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $17,559

Amenities

pool

Building Details

Building Size 3,015 SF
Year Built 1980
Buildings 1
Stories 2
Listed By: Ismaray Tomas
Source: Elliman
Added: Nov 10 Last Checked: Nov 10 at 2:13PM

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 Ismaray Tomas

Rey
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Investment Insights

Based on property information with market context.

This legal duplex in Dania Beach includes four rentable rooms with separate entrances and a private 1-bedroom/1-bathroom apartment with a carport. The property was built in 1980 and has impact windows, a newer roof installed in 2025, and a renovated community pool with a saltwater system added in 2026. The lot is fully fenced, with access from the front and rear streets.

The property is approximately 5 minutes from Fort Lauderdale-Hollywood International Airport and offers access to beaches, shopping, dining, Hollywood Boulevard, and major highways.

Key Highlights

  • Legal duplex with 4 rentable rooms and separate entrances
  • Private 1‑bedroom/1‑bathroom apartment with carport
  • Community pool renovated in 2026 with a new saltwater system

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,071
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$921,420 $921.4K
Cap Rate 7%
$658,157 $658.2K
Cap Rate 9%
$511,900 $511.9K
Market Conditions
NOI Build-Up for 3,015 SF
Gross rent
$88.6K $29.40/SF
− Vacancy
−$4.9K −$1.62/SF
EGI
$83.8K $27.78/SF
− OpEx
−$37.7K −$12.50/SF
NOI
$46.1K $15.28/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$921,420
Cap Rate 7%
$658,157
Cap Rate 9%
$511,900

Alternative Uses

Best Use
Apartment 5plus
$658.2K
$575.9K – $767.9K (±1% cap)
NOI $46,071 @ 7.0% cap · market cap 4.39%
Second Best
Multifamily LT 5
$505.7K
$442.5K – $590.0K (±1% cap)
NOI $35,397 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M (±1% cap)
NOI $107,075 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,553
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

Average Price Trend$/SF for Duplexes in Dania Beach, FL

$390 Jul
$399 Aug
$366 Sep
$379 Oct

Properties on Market for Duplexes in Dania Beach

Jul
Aug
Sep
Oct

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 - Four rentable rooms have separate entrances, alongside a private apartment with a carport.
Where is this duplex located?
The property is located at 215 SE 3rd St Dania Beach, FL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Legal duplex with 4 rentable rooms and separate entrances; Private 1‑bedroom/1‑bathroom apartment with carport; Community pool renovated in 2026 with a new saltwater system
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