707 10Th St Dania Beach, FL 33004
This exceptional investment opportunity presents a beautifully maintained fourplex located at 707 SW 10th St, Dania Beach, Florida, 33004. Built in 1956, this single-story property boasts four units, each featuring two bedrooms and one bathroom. The property benefits from individual electric and water meters for each unit, simplifying utility management and tenant billing. Assigned parking is provided for each tenant's convenience. A significant advantage is the recently installed brand new roof, eliminating immediate roof replacement costs. Currently generating a monthly income of $4,400 through month-to-month leases, this property offers substantial upside potential. Market rate adjustments could increase monthly income to $8,000, significantly boosting the return on investment. The property's convenient location off Dixie Highway in the high-demand Dania Beach area ensures strong tenant occupancy and consistent rental income. This is a rare chance to acquire a well-maintained, income-producing multifamily property in a thriving South Florida market. The asking price for this turnkey investment is $850,000. This fourplex represents a compelling opportunity for investors seeking strong cash flow and significant appreciation potential in a desirable location.
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
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.