For Sale
$850,000

707 10Th StDania Beach, FL 33004

High-yield fourplex, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • Well-maintained fourplex in high-demand Dania Beach, FL.
  • Four (2/1) units with individual electric and water meters.
  • Assigned parking and a brand new roof.
  • Currently generating $4,400/month in rental income (potential for $8,000/month).
  • Turnkey investment opportunity for $850,000.

Property Details for 707 10Th St

Property type
Apartment buildings, Small apartment buildings
Year Built
1956
Stories
1

Location Insight

City
Dania Beach
County
Broward
State
Florida
Latitude
26.0383805
Longitude
-80.1506429
707 10Th St, Dania Beach, Florida

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707 10Th St
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