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Property profile & analytics
OFF-MARKET
Small apartment buildings

224 14Th St Dania Beach, FL 33004

Built 1959
Property ID
US18-1379027
Property summary
AI-generated overview

This exceptional Dania Beach investment opportunity presents a three-unit apartment building located at 224 SW 14th St, in Broward County, Florida, 33004. Built in 1959, this single-story property offers three 1-bedroom, 1-bathroom units, currently generating over $6,000 in monthly rental income. An additional on-site trailer contributes an extra $1,000 per month, bringing the total monthly income to over $7,000. The majority of rental income is secured through Broward County housing vouchers, providing a stable and reliable cash flow. The property is priced to sell at $599,000 and is being offered "as is." While the units are in need of some updating and tender loving care, the strong rental income and potential for appreciation make this a compelling investment. Seller financing is available, offering attractive terms for qualified buyers. Note that this property is conveniently located west of US-1, providing easy access to Dania Beach's vibrant beaches, shopping, and dining. There is also the possibility of purchasing the adjacent triplex at 230 SW 14th St as a package deal. Serious inquiries only.

Property profile
Verified
Property type Small apartment buildings
Year built 1959
UPID US18-1379027
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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