221 1St Ter Dania Beach, FL 33004
This exceptional Dania Beach investment property, located at 221 NE 1 Terrace #1-2 in Broward County, Florida, presents a fantastic opportunity for both investors and owner-occupants. Built in 1971, this single-story duplex offers two spacious 2-bedroom, 2-bathroom units, each complete with a well-appointed kitchen, updated bathrooms, a full-size washer and dryer, and impact windows. Electricity and water are separately metered for each unit, simplifying management and maximizing rental income. The property boasts ample parking with four designated spots, plus additional street parking. Its strategic location east of US-1 in Dania Beach provides easy access to Hollywood Beach, Fort Lauderdale-Hollywood Airport, and downtown Fort Lauderdale, ensuring high demand for rental units. The property's proximity to local amenities contributes to a convenient and vibrant lifestyle. The asking price is $679,000. There is potential for conversion to a triplex or quadplex, further enhancing its investment potential. This property is a rare find and is priced to sell quickly. Don't miss this chance to acquire a lucrative investment in a desirable South Florida location. The zip code is 33004.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.