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6-Unit Apartment Building

4850 SW 26th Ave # 6 Unit 1-6, Dania Beach, FL 33312

For Sale
$2,500,000

The six-unit property is positioned for a short-term rental strategy, with a mix of one- and two-bedroom apartments.

Property Size4,751 SF
Price / SF$526.21
Days on Market97

Property Features for 4850 SW 26th Ave # 6 Unit 1-6

General Information

Standard status Active
Size 4,751 SF
Property subtype Income/MultiFamily

Units

Unit Mix 4 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $23,513

Building Details

Building Size 4,751 SF
Year Built 1972
Listing Agency: Coldwell Banker Realty
Listed By: Alexis Lizama · License #3438878
Source: Jofregroup
Added: Aug 3 Changed: Nov 6 Last Checked: Nov 6 at 3:01PM

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 Coldwell Banker Realty

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Investment Insights

Based on property information with market context.

Built in 1972, this six-unit apartment property contains 4,751 square feet. Its unit mix includes four one-bedroom, one-bathroom apartments and two two-bedroom, one-bathroom apartments.

The property is in Dania Beach, near Fort Lauderdale-Hollywood International Airport, Port Everglades cruise terminals, Dania Pointe, and the beach. The stated repositioning concept is short-term or vacation rental use.

Key Highlights

  • Six apartments totaling 4,751 square feet
  • Unit mix: 4 one‑bedroom/one‑bathroom apartments and 2 two‑bedroom/one‑bathroom apartments
  • Built in 1972

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$73,067
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,461,340 $1.5M
Cap Rate 7%
$1,043,814 $1.0M
Cap Rate 9%
$811,856 $811.9K
Market Conditions
NOI Build-Up for 4,751 SF
Gross rent
$139.1K $29.28/SF
− Vacancy
−$6.3K −$1.32/SF
EGI
$132.8K $27.96/SF
− OpEx
−$59.8K −$12.58/SF
NOI
$73.1K $15.38/SF
Area
Broward County, FL
Vacancy
4.50%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,461,340
Cap Rate 7%
$1,043,814
Cap Rate 9%
$811,856

Alternative Uses

Best Use
Apartment 5plus
$1.04M
$913.3K – $1.22M (±1% cap)
NOI $73,067 @ 7.0% cap · market cap 2.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.41M
$2.11M – $2.81M (±1% cap)
NOI $168,727 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

996
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 Apartment buildings in Broward County, FL

$449 Jul
$422 Aug
$431 Sep
$426 Oct

Properties on Market for Apartment buildings in Broward County

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?
Apartment building - The six-unit property is positioned for a short-term rental strategy, with a mix of one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 4850 SW 26th Ave # 6 Unit 1-6 Dania Beach, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Six apartments totaling 4,751 square feet; Unit mix: 4 one‑bedroom/one‑bathroom apartments and 2 two‑bedroom/one‑bathroom apartments; Built in 1972
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