Duplex Assisted Living
57 SE 12th Street Dania Beach, FL 33004
57 SE 12th Street, Dania Beach, FL, 33004
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For Sale
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East of Federal duplex zone offering two 3-bedroom, 2-bath units with central A/C in a mixed-use or multifamily zone.
Property Size2,227 SF
Price / SF$448.48
Days on Market16
Property Features for 57 SE 12th Street
General Information
- Standard status
- Active
- Size
- 2,227 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1973
Listing agency
Realty Hub
(561) 300-0980
Listed by
Michael Harris · License #637880
Source
Crexi
Added: Jul 8 Updated: Jul 22 at 5:31PM Checked: Jul 22 at 5:31PM
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Investment Insights
Based on property information with market context.
This property is a duplex configured as two separate sides, with each side offering 3 bedrooms and 2 bathrooms. The building includes central A/C. The property is described as being suitable for use as an assisted living or independent living facility, subject to applicable regulations.
It is located east of the Federal duplex zone and sits within a mixed-use or multifamily zoning designation. The listing notes proximity to shopping, transportation, schools, and beaches.
The unit layout supports residential income use with a consistent, repeatable floorplan across both sides, and the centrally conditioned interior helps support year-round comfort.
It is located east of the Federal duplex zone and sits within a mixed-use or multifamily zoning designation. The listing notes proximity to shopping, transportation, schools, and beaches.
The unit layout supports residential income use with a consistent, repeatable floorplan across both sides, and the centrally conditioned interior helps support year-round comfort.
Key Highlights
- Year built 1973 duplex with two 3‑bedroom, 2‑bath units (3BR/2BA each side)
- Central A/C for the duplex units
- Located in a mixed‑use or multifamily zone; listing notes east of Federal duplex zone
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.1k | $25.20 |
| − Vacancy | −$3.1k | −$1.39 |
| EGI | $53.0k | $23.81 |
| − OpEx | −$15.9k | −$7.14 |
| NOI | $37.1k | $16.67 |
2,227 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$530.3K
$464.1K – $618.7K
NOI $37,124 @ 7.0% cap · market cap 3.72%
Second Best
Apartment 5plus
$489.3K
$428.1K – $570.8K
NOI $34,250 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$1.13M
$988.6K – $1.32M
NOI $79,090 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - East of Federal duplex zone offering two 3-bedroom, 2-bath units with central A/C in a mixed-use or multifamily zone.
Where is this duplex located?
The property is located at 57 SE 12th Street Dania Beach, FL.
What is the asking price?
The asking price for this property is $998,760.
What are key features of this property?
This property features: Year built 1973 duplex with two 3‑bedroom, 2‑bath units (3BR/2BA each side); Central A/C for the duplex units; Located in a mixed‑use or multifamily zone; listing notes east of Federal duplex zone
