224 14Th St Dania Beach, FL 33004
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 224 14Th St
- Year built
- 1959
- Property type
- Small apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dania Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.1460639
- Latitude
- 26.0355991
