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6-Unit Townhome Property

4717 SW 32nd Ave, Dania Beach, FL 33312

For Sale
New
$3,499,900

Separate utilities and individually fenced areas provide each residence with distinct services and outdoor space.

Property Size8,416 SF
Price / SF$415.86
Days on Market5

Property Features for 4717 SW 32nd Ave

General Information

Standard status Active
Size 8,416 SF
Property subtype Quadruplex

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 6 x 3BR/2.5BA
Multifamily Units 6

Amenities

individually fenced areas
3/4 To Less Than 1 Acre Lot
Shingle
Public Sewer
Parcel Number: 504230010260, Public Survey Range: 50, Public Survey Section: 30, Public Survey Township: 50, Annual Amount: $4,789, Legal Description: CANAL GROVES 22-31 B LOT 15,16 N 8 BLK 2, Year: 2026, Zoning: RM-1
Central Air
Central
Listing ID: A12118848, Standard Status: Active, MLS Status: Active, Property Subtype: Quadruplex, On market as of 2026-11-05, Rent Includes: None
18 total parking spaces
Complete Impact Glass
Built in 2026, Year Built Details: New Construction, Living area: 8416, Living area units: Square Feet, 2 stories, Construction Materials: CBS Construction
Subdivision: CANAL GROVES, MLS Area (Major): Canal Groves, County/Parish: Broward County
New Construction, Leasable area units: Square Feet
4 units in community
Funding

Building Details

Year Built 2026
Listing Agency: RE/MAX 5 Star Realty
Listed By: Yulianela Garces · License #3370646
Source: Riserealty
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 4:58AM

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 RE/MAX 5 Star Realty

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This multifamily property comprises six newly built townhomes, each offering 3 bedrooms, 2.5 bathrooms and approximately 1,406 square feet. The homes have modern finishes, independent utilities and individually fenced areas. Construction dates to 2026, and the seller will provide the Certificate of Occupancy at or before closing.

The property is in Dania Beach, with access to Griffin Road, Fort Lauderdale-Hollywood International Airport, major highways, beaches and the Hard Rock Hotel & Casino.

Key Highlights

  • Six newly constructed townhomes
  • Each residence has 3 bedrooms, 2.5 bathrooms and approximately 1,406 SF
  • Built in 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$128,602
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,572,040 $2.6M
Cap Rate 7%
$1,837,171 $1.8M
Cap Rate 9%
$1,428,911 $1.4M
Market Conditions
NOI Build-Up for 8,416 SF
Gross rent
$247.4K $29.40/SF
− Vacancy
−$13.6K −$1.62/SF
EGI
$233.8K $27.78/SF
− OpEx
−$105.2K −$12.50/SF
NOI
$128.6K $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%
$2,572,040
Cap Rate 7%
$1,837,171
Cap Rate 9%
$1,428,911

Alternative Uses

Best Use
Apartment 5plus
$1.84M
$1.61M – $2.14M (±1% cap)
NOI $128,602 @ 7.0% cap · market cap 3.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.27M
$3.74M – $4.98M (±1% cap)
NOI $298,885 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

6
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

906
Businesses Nearby

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

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

$463 Jul
$466 Aug
$433 Sep
$423 Oct

Properties on Market for Multifamily properties 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?
Multifamily property - Separate utilities and individually fenced areas provide each residence with distinct services and outdoor space.
Where is this multifamily property located?
The property is located at 4717 SW 32nd Ave Dania Beach, FL.
What is the asking price?
The asking price for this property is $3,499,900.
What are key features of this property?
This property features: Six newly constructed townhomes; Each residence has 3 bedrooms, 2.5 bathrooms and approximately 1,406 SF; Built in 2026
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