137 1st Ct Dania Beach, FL 33004
This charming, two-unit apartment building presents a compelling investment opportunity in the desirable East of US1 neighborhood of Dania Beach, Florida. Built in 1970, this single-story duplex is located at 137 NE 1st Ct, Dania Beach, FL 33004, in Broward County. The property is conveniently situated just two miles from the beach, offering residents easy access to the sand and surf. Its prime location also places it within close proximity to the Dania Casino, a variety of restaurants, and numerous shops, enhancing its appeal to tenants. Both units are currently leased, with lease renewals anticipated in May at a combined monthly rent of $1800. This represents a strong potential return on investment for a savvy buyer. The property's solid construction and desirable location make it an attractive option for both seasoned investors and those new to the multifamily market. This is a rare opportunity to acquire a well-located, income-producing property in a thriving South Florida community. The asking price for this exceptional investment is $599,000. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Dania Beach, FLDania Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.