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Property profile

221 1St Ter Dania Beach, FL 33004

OFF-MARKET
Apartment buildings
Property ID
US18-5610334
Built 1971
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Apartment buildings
Year built 1971
UPID US18-5610334

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

221 1St Ter Dania Beach, FL 33004
Dania Beach metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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