Property summary
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
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Derived from the Dania Beach market rent, vacancy and expense benchmarks for this use type.
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Property description
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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