For Sale
$1,075,000

249 14Th StDania Beach, FL 33004

Five-unit property, high rental income.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a five-unit multi-family property located at 249 SW 14th Street, Dania Beach, Florida, 33004. The property, built in 1956, consists of three separate buildings situated on a lot exceeding 16,000 square feet. Currently generating a gross annual income of $121,000, this property offers significant potential for rental increases due to its fully renovated units. The property boasts desirable features including a koi pond and partial impact windows and doors. Two electric meters service the buildings, adding to operational efficiency. Its prime location offers convenient access to the beach, enhancing its appeal to tenants. Furthermore, all roofs were completely replaced in 2020, ensuring long-term structural integrity. The asking price for this exceptional investment is $1,075,000. This property represents a rare chance to acquire a well-maintained, high-income-generating multi-family complex in a highly sought-after location. The substantial lot size also presents opportunities for future expansion or development. This is a turnkey investment ready for immediate income generation and long-term appreciation.

Property Details for 249 14Th St

Property type
Specialty properties
Year Built
1956
Units
5

Location Insight

City
Dania Beach
County
Broward
State
Florida
Latitude
26.0351899
Longitude
-80.1467616
249 14Th St, Dania Beach, Florida

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249 14Th St
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