Duplex with Separate Electric
For Sale
$429,000
37 SE 14TH Street 12, Dania Beach, FL 33004
Two one-bedroom residences share a yard and storage shed in Dania Beach.
Property Size1,265 SF
Price / SF$339.13
Days on Market45
Property Features for 37 SE 14TH Street 12
General Information
Standard status
Active
Size
1,265 SF
Property subtype
Duplex
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Individually Metered Utilities
electricity
Taxes and HOA fees
Annual Taxes
$7,641
Amenities
yard
storage shed
Building Details
Building Size
1,265 SF
Year Built
1955
Listing Agency:
A J Ryan Realty
Listed By:
John M Ryan · License #506936
(954) 258-5900
Source:
Irgflorida
Added: Sep 17
Changed: Oct 31
Last Checked: Oct 31 at 12:38AM
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 A J Ryan Realty
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Investment Insights
Based on property information with market context.
Built in 1955, this 1,265-square-foot duplex contains two separate units, each with one bedroom and one bathroom. The property includes separate electric meters, a yard, and a storage shed.
The residence is east of US-1 in Dania Beach, with shopping, restaurants, entertainment, Fort Lauderdale-Hollywood International Airport, major roadways, and the beach nearby.
The residence is east of US-1 in Dania Beach, with shopping, restaurants, entertainment, Fort Lauderdale-Hollywood International Airport, major roadways, and the beach nearby.
Key Highlights
- Two units, each with 1 bedroom and 1 bathroom
- 1,265‑square‑foot duplex built in 1955
- Separate electric meters for the units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,087
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,740
$421.7K
Cap Rate 7%
$301,243
$301.2K
Cap Rate 9%
$234,300
$234.3K
Market Conditions
NOI Build-Up for 1,265 SF
Gross rent
$31.9K $25.20/SF
− Vacancy
−$1.8K −$1.39/SF
EGI
$30.1K $23.81/SF
− OpEx
−$9.0K −$7.14/SF
NOI
$21.1K $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%
$421,740
Cap Rate 7%
$301,243
Cap Rate 9%
$234,300
Alternative Uses
Best Use
Multifamily LT 5
$301.2K
$263.6K – $351.5K
NOI $21,087 @ 7.0% cap · market cap 4.92%
Second Best
Apartment 5plus
$277.9K
$243.2K – $324.3K
NOI $19,455 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$641.8K
$561.6K – $748.8K
NOI $44,925 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,179
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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom residences share a yard and storage shed in Dania Beach.
Where is this duplex located?
The property is located at 37 SE 14TH Street 12 Dania Beach, FL.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Two units, each with 1 bedroom and 1 bathroom; 1,265‑square‑foot duplex built in 1955; Separate electric meters for the units
