Lake-View
New
For Sale
$949,999
2270 SW 46th Ct, Dania Beach, FL 33312
Residential Income, Dania Beach, FL
Property Size3,397 SF
Price / SF$279.66
Days on Market2
Property Features for 2270 SW 46th Ct
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RM-1
Bedrooms
6
Full bathrooms
4
Half bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 6, Bathroom 5, Bathroom 6, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 3
Parking
20
Subdivision
WEST DANIA HEIGHTS
Lot features
1/4 to 1/2 Acre Lot
Standard status
Active
APN
504229060151
Size
3,397 SF
Taxes and HOA fees
Tax Year
2024
Tax Description
WEST DANIA HEIGHTS 23-49 B LOT 4 & PT OF ST LYING N OF LOT 4 BLK 2
Tax Annual Amount
7280
Legal Description
WEST DANIA HEIGHTS 23-49 B LOT 4 & PT OF ST LYING N OF LOT 4 BLK 2
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1976
Floors in Building
2
Flooring type
Laminate
Building materials
Block, Frame, Stucco
Roof type
Flat, Aluminum
Listing Agency:
Miami Realty Solution Group
(786) 361-7289
Listed By:
Poliana Coelho · License #3411972
(305) 984-2854
Added: Aug 28
Last Checked: Aug 29 at 5:06AM
MLS# A11882482
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 3,397-square-foot duplex contains two residential units with a six-bedroom and five-and-one-half-bathroom configuration overall. The larger residence has four bedrooms and three-and-one-half bathrooms and was recently remodeled, while the second unit includes two bedrooms and one-and-one-half bathrooms. The property was built in 1976 and features block, frame, and stucco construction, laminate flooring, central heating, and central air conditioning. A lake view adds an identifiable site feature.
Located in Dania Beach, the property is near Fort Lauderdale-Hollywood International Airport, Port Everglades, major highways, and the beach. The surrounding area permits Airbnb and short-term rentals, and the property includes ample parking. Public sewer service supports the residential improvements.
Located in Dania Beach, the property is near Fort Lauderdale-Hollywood International Airport, Port Everglades, major highways, and the beach. The surrounding area permits Airbnb and short-term rentals, and the property includes ample parking. Public sewer service supports the residential improvements.
Key Highlights
- 3,397‑square‑foot duplex with two residential units
- Unit 1 includes 4 bedrooms and 3 1/2 bathrooms and was recently remodeled
- Unit 2 offers 2 bedrooms and 1 1/2 bathrooms
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
$56,627
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
5.96%
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%
$1,132,540
$1.1M
Cap Rate 7%
$808,957
$809.0K
Cap Rate 9%
$629,189
$629.2K
Market Conditions
NOI Build-Up for 3,397 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
$85.6K $25.20/SF
− Vacancy
−$4.7K −$1.39/SF
EGI
$80.9K $23.81/SF
− OpEx
−$24.3K −$7.14/SF
NOI
$56.6K $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%
$1,132,540
Cap Rate 7%
$808,957
Cap Rate 9%
$629,189
Alternative Uses
Best Use
Multifamily LT 5
$809.0K
$707.8K – $943.8K
NOI $56,627 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$746.3K
$653.1K – $870.7K
NOI $52,244 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$1.72M
$1.51M – $2.01M
NOI $120,641 @ 7.0% cap · market cap 12.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
846
Businesses Nearby
Explore this area
Business Placement
Demographics for 33312, FL
51,570
Population
21,332
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
86%
High-School Grad
11.1 sq mi
ZIP Area
4,646
Density / Sq Mi
$77,644
Median Household Income
$39,333
Median Earnings
$1,566
Median Rent
$397,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include a recently remodeled larger residence with flexible rental and occupancy options.
Where is this duplex located?
The property is located at 2270 SW 46th Ct Dania Beach, FL.
What is the asking price?
The asking price for this property is $949,999.
What are key features of this property?
This property features: 3,397‑square‑foot duplex with two residential units; Unit 1 includes 4 bedrooms and 3 1/2 bathrooms and was recently remodeled; Unit 2 offers 2 bedrooms and 1 1/2 bathrooms
