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    Dania Beach Multifamily Investment Opportunity Title is generated by Realmo AI

    707-715 SW 5th St, Dania Beach, FL 33004

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    Claim this Listing
    For Sale
    $2,150,000

    12-unit multifamily property in a thriving coastal community.

    Type:Multifamily
    Property size:
    7,197 SF
    Lot size:
    0.37 Acres
    Price / SF:
    $298/SF
    Added:
    Apr 10, 2026
    Days on Market:
    60
    Last Refresh:
    Apr 10 at 8:01 pm

    Property Features for 707-715 SW 5th St

    General Information

    Standard status
    Active
    Size
    7,197 SF
    Lot size
    0.37 Acres
    Property subtype
    Multifamily

    We can help!

    Listing Contact
    Joseph P. Thomas
    Joseph P. Thomas

    Listing agent Joseph P. Thomas License #License(s): FL: SL3174354

    Listing office Marcus & Millichap | Fort Lauderdale

    Listing date Apr 10, 2026

    Source Marcusmillichap

    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 Marcus & Millichap | Fort Lauderdale

    HighLights

    • 12‑unit multifamily property in Dania Beach, Florida.
    • Nearly all units renovated with new kitchens and bathrooms, stainless steel appliances, and updated flooring.
    • Located near I‑95 and Federal Highway (US‑1), providing easy access to surrounding areas.
    • Proximity to retail, dining, and entertainment options including Dania Pointe and Oakwood Plaza.
    • Close to Fort Lauderdale–Hollywood International Airport and Dania Beach.
    • Walking distance to multiple schools.

    Overview

    The Villas at 5th Street is a 12-unit multifamily property located in Dania Beach, Florida. The property consists of three single-story buildings constructed in 1960 of concrete block and painted stucco with shingle roofs. Situated on 16,050 square feet of land, the property features twelve two-bedroom/one-bathroom apartments totaling 7,197 square feet. Nearly all units have been renovated and feature either vinyl wood-plank or ceramic tile flooring, with new kitchens and bathrooms, stainless steel appliances and window/wall air conditioning units. There are 14 parking spaces available. The Villas at 5th Street are located west of Dixie Highway, south of Stirling Road and north of Sheridan Street, proximate to Interstate 95 and Federal Highway (US-1). The location provides easy access to employment centers, beaches, and entertainment destinations. Nearby retailers and points of interest include Trulieve, Aldi, Walgreens Pharmacy and Jaxson’s Ice Cream Parlor & Restaurant. Also nearby are Dunkin’, 3 Sons Brewing, Publix Super Market at Beachway Plaza, Truist Bank, Frost Park, Oakwood Plaza, Casino at Dania Beach, and Dania Pointe. The property is 2.7 miles from Fort Lauderdale–Hollywood International Airport and 3.1 miles from Dania Beach. Educational facilities in the vicinity include Attucks Middle School, Mary M. Bethune Elementary School, Dania Elementary School, and South Broward High School.

    Local Financial Insights For Apartment 5plus

    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 $210.7k $29.28
    − Vacancy −$9.5k −$1.32
    EGI $201.2k $27.96
    − OpEx −$90.6k −$12.58
    NOI $110.7k $15.38
    7,197 SF · lease $29.28/SF/yr · vacancy 4.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.58M
    $1.38M – $1.84M (±1% cap)
    NOI $110,685 @ 7.0% cap · market cap 5.15%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.65M
    $3.19M – $4.26M (±1% cap)
    NOI $255,594 @ 7.0% cap · market cap 11.89%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dania Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1502789
    Latitude
    26.0428265

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    FAQs

    What type of property is this?
    Apartment building - 12-unit multifamily property in a thriving coastal community.
    Where is this apartment building located?
    The property is located at 707-715 SW 5th St Dania Beach, FL.
    What is the asking price?
    The asking price for this property is $2,150,000.
    What are key features of this property?
    This property features: 12‑unit multifamily property in Dania Beach, Florida.; **Nearly all units renovated with new kitchens and bathrooms, stainless steel appliances, and updated flooring.**; Located near I‑95 and Federal Highway (US‑1), providing easy access to surrounding areas.
    (954) 245-3492
    We can help!
    Listing Contact
    Joseph P. Thomas
    Joseph P. Thomas
    Real Estate License ID: License(s): FL: SL3174354
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