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Triplex With Dual Access
For Sale
$769,000

4265 SW 51st Street, Dania Beach, FL 33314

Residential Income, Dania Beach, FL

Property Size2,362 SF
Lot Size0.26 Acres
Price / SF$325.57
Days on Market139

Property Features for 4265 SW 51st Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning RD-8000
Bedrooms 6
Full bathrooms 3
Rooms Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 4, Bedroom 6, Bathroom 2, Bedroom 5
Patio and Porch features Patio
Pets allowed Yes, No
Subdivision BROWARD GARDENS
Elementary school Stirling
Middle school Attucks
High school Hollywood Hills
Standard status Active
APN 504136020122
Size 2,362 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BROWARD GARDENS 21-48 B LOT 1 N 14 OF S 144,2 S 144 BLK 2
Tax Annual Amount 10893
Legal Description BROWARD GARDENS 21-48 B LOT 1 N 14 OF S 144,2 S 144 BLK 2

Utilities

Utilities Cable Available
Sewer type Public Sewer
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1961
Floors in Building 1
Number of units 3
Flooring type Tile
Building materials Concrete Block - With Stucco
Roof type Shingle
Listing Agency: United Realty Group Inc.
Listed By: Tracy Weic LLC · License #3499453
Added: Jun 4 Changed: Oct 10 Last Checked: Oct 20 at 9:06PM
MLS# B26036904

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 2,362-square-foot triplex was built in 1961 and occupies a 0.26-acre parcel with an 11,370-square-foot lot. One unit has been renovated, while the other two offer renovation potential. The property includes tile flooring, wall and window unit cooling, a patio, shingle roofing, and concrete-block construction with stucco. Public water and public sewer serve the property, and cable is available.

Dual access is provided from SW 51st Street and SW 43rd Terrace. The property is approximately a five-minute walk from Broward Maimonides Academy and is located minutes from beaches, FLL Airport, major highways, shopping, and dining. RD-8000 zoning and the existing triplex configuration provide the primary physical and land-use framework for the asset.

Key Highlights

  • Triplex configuration with 2,362 SF of building area
  • 11,370 SF lot on 0.26 acres
  • Dual access from SW 51st Street and SW 43rd Terrace

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,374
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$787,480 $787.5K
Cap Rate 7%
$562,486 $562.5K
Cap Rate 9%
$437,489 $437.5K
Market Conditions
NOI Build-Up for 2,362 SF
Gross rent
$59.5K $25.20/SF
− Vacancy
−$3.3K −$1.39/SF
EGI
$56.2K $23.81/SF
− OpEx
−$16.9K −$7.14/SF
NOI
$39.4K $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%
$787,480
Cap Rate 7%
$562,486
Cap Rate 9%
$437,489

Alternative Uses

Best Use
Multifamily LT 5
$562.5K
$492.2K – $656.2K (±1% cap)
NOI $39,374 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$518.9K
$454.1K – $605.4K (±1% cap)
NOI $36,326 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $83,884 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,346
Businesses Nearby

Demographics for 33314, FL

30,248
Population
12,041
Households
2.5
Avg Household Size
34
Median Age
30%
College-Educated
89%
High-School Grad
8.8 sq mi
ZIP Area
3,437
Density / Sq Mi
$63,791
Median Household Income
$36,733
Median Earnings
$2,034
Median Rent
$347,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Triplex - Income-producing triplex with one renovated unit, two additional units, and substantial outdoor area.
Where is this triplex located?
The property is located at 4265 SW 51st Street Dania Beach, FL.
What is the asking price?
The asking price for this property is $769,000.
What are key features of this property?
This property features: Triplex configuration with 2,362 SF of building area; 11,370 SF lot on 0.26 acres; Dual access from SW 51st Street and SW 43rd Terrace
More about this property
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