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Property profile & analytics
OFF-MARKET
Small apartment buildings

707 10Th St Dania Beach, FL 33004

Built 1956
Entity Owned 1-yr Hold
Property ID
US18-5108641
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Year built 1956
UPID US18-5108641
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Medalla Land LLC · 1 yrs held
Medalla Land LLC
since 2024
1 recorded transaction
2024
$760,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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