For Sale
$599,000

224 14Th St Dania Beach, FL 33004

High-Yield Triplex, Seller Financing

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
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.

Highlights

  • $599,000 asking price.
  • Three-unit multifamily apartment building (triplex).
  • Located at 224 SW 14th St, Dania Beach, FL 33004.
  • Built in 1959, one story.
  • Currently generating over $7,000 monthly income from three 1 bed/1 bath units and a separate trailer, with rents partially subsidized by Broward housing vouchers.
  • Seller financing available; property sold AS IS.

Property Details for 224 14Th St

Property type
Apartment buildings, Small apartment buildings
Year Built
1959
Stories
1
Units
3

Location Insight

City
Dania Beach
County
Broward
State
Florida
Latitude
26.0355991
Longitude
-80.1460639

FAQs

What type of property is this?
Apartment building - High-Yield Triplex, Seller Financing
Where is the apartment building located?
The property is located at 224 14Th St Dania Beach, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: $599,000 asking price.; Three-unit multifamily apartment building (triplex).; Located at 224 SW 14th St, Dania Beach, FL 33004.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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224 14Th St
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