707 10Th St Dania Beach, FL 33004
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 707 10Th St
- Year built
- 1956
- Property type
- Small apartment buildings
Description
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.
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
- -80.1506429
- Latitude
- 26.0383805
