Renovated Legal
746 SW 4th St Dania Beach, FL 33004
746 SW 4th St, Dania Beach, FL, 33004
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For Sale
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Fully renovated 2-bedroom, 1-bath duplex with separate electric and water meters and central A/C in each unit.
Property Size1,250 SF
Price / SF$460
Days on Market22
Property Features for 746 SW 4th St
General Information
- Standard status
- Active
- Size
- 1,250 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1961
Listing agency
The Real Estate Lab, Inc.
Listed by
Abraham Elbaz · License #3484615
Source
Crexi
Added: Jul 2 Updated: Jul 20 at 5:51PM Checked: Jul 22 at 11:23AM
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 The Real Estate Lab, Inc.
Investment Insights
Based on property information with market context.
This fully renovated legal duplex offers two separate 2-bedroom, 1-bath units. Each unit has its own water and electric meters, supporting simpler, more independent utility management. Interiors were updated with impact windows, brand-new flooring, fresh paint, and central A/C in each unit. The layout includes a private yard, along with abundant natural light throughout.
The property is located in the Dania Pointe area of Dania Beach, FL. Parking is conveniently positioned directly in front of the duplex. The area is described as being just minutes from the beach and Fort Lauderdale Airport, and steps from Dania Pointe’s shopping, dining, and entertainment.
As an income-producing asset, the duplex includes projected market rents of approximately $1,800 per unit and a pro forma cap rate above 6.5%, supporting either investor ownership or an owner-occupant approach.
The property is located in the Dania Pointe area of Dania Beach, FL. Parking is conveniently positioned directly in front of the duplex. The area is described as being just minutes from the beach and Fort Lauderdale Airport, and steps from Dania Pointe’s shopping, dining, and entertainment.
As an income-producing asset, the duplex includes projected market rents of approximately $1,800 per unit and a pro forma cap rate above 6.5%, supporting either investor ownership or an owner-occupant approach.
Key Highlights
- Fully renovated legal duplex built in 1961 in the Dania Pointe area of Dania Beach
- 2BR/1BA layout in each unit with separate water and electric meters
- Impact windows, brand‑new flooring, and fresh paint throughout updated interiors
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 | $31.5k | $25.20 |
| − Vacancy | −$1.7k | −$1.39 |
| EGI | $29.8k | $23.81 |
| − OpEx | −$8.9k | −$7.14 |
| NOI | $20.8k | $16.67 |
1,250 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$297.7K
$260.5K – $347.3K
NOI $20,837 @ 7.0% cap · market cap 3.62%
Second Best
Apartment 5plus
$274.6K
$240.3K – $320.4K
NOI $19,224 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$634.2K
$554.9K – $739.9K
NOI $44,392 @ 7.0% cap · market cap 7.72%
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 - Fully renovated 2-bedroom, 1-bath duplex with separate electric and water meters and central A/C in each unit.
Where is this duplex located?
The property is located at 746 SW 4th St Dania Beach, FL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Fully renovated legal duplex built in 1961 in the Dania Pointe area of Dania Beach; 2BR/1BA layout in each unit with separate water and electric meters; Impact windows, brand‑new flooring, and fresh paint throughout updated interiors
