Dania Beach Duplex
For Sale
Contact for pricing
715 SW 6th St, Dania Beach, FL 33004
Duplex near Fort Lauderdale Airport and beach, ideal for investors.
Property Size1,541 SF
Price / SF$349.45
Days on Market706
Property Features for 715 SW 6th St
General Information
Standard status
Active
Size
1,541 SF
Total Parking Spaces
4
Property subtype
Multifamily
Building Details
Year Built
1965
Stories
1
Listing Agency:
Landan Realty LLC
Listed By:
Danay Puebla Llanos · License #3315105
(305) 338-6436
Source:
Crexi
Added: Nov 19, 2024
Changed: Oct 26
Last Checked: Oct 24 at 3:37PM
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 Landan Realty LLC
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 duplex property is located in Dania Beach. Each of the two units features 2 bedrooms and 1 bath. The property is situated in a location convenient to Fort Lauderdale Airport and the beach. The property has a size of 1541 square feet and is suitable for investors or homeowners looking to generate rental income.
Key Highlights
- Duplex property: Ideal for generating rental income.
- Two units, each with 2 bedrooms and 1 bath.
- Convenient location near Fort Lauderdale Airport.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,688
Cap Rate
4.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,760
$513.8K
Cap Rate 7%
$366,971
$367.0K
Cap Rate 9%
$285,422
$285.4K
Market Conditions
NOI Build-Up for 1,541 SF
Gross rent
$38.8K $25.20/SF
− Vacancy
−$2.1K −$1.39/SF
EGI
$36.7K $23.81/SF
− OpEx
−$11.0K −$7.14/SF
NOI
$25.7K $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%
$513,760
Cap Rate 7%
$366,971
Cap Rate 9%
$285,422
Alternative Uses
Best Use
Multifamily LT 5
$367.0K
$321.1K – $428.1K
NOI $25,688 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$338.6K
$296.3K – $395.0K
NOI $23,700 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$781.8K
$684.1K – $912.1K
NOI $54,727 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,632
Businesses Nearby
Explore this area
Business Placement
Demographics for 33004, FL
16,162
Population
9,427
Households
1.7
Avg Household Size
45
Median Age
34%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
2,377
Density / Sq Mi
$50,783
Median Household Income
$41,540
Median Earnings
$1,616
Median Rent
$336,200
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
Frequently Asked Questions
What type of property is this?
Duplex - Duplex near Fort Lauderdale Airport and beach, ideal for investors.
Where is this duplex located?
The property is located at 715 SW 6th St Dania Beach, FL.
What is the asking price?
The asking price for this property is $538,500.
What are key features of this property?
This property features: Duplex property: Ideal for generating rental income.; Two units, each with 2 bedrooms and 1 bath.; Convenient location near Fort Lauderdale Airport.
