For Sale
$850,000

711 10Th St Dania Beach, FL 33004

High-Yield Multifamily Property in Dania Beach

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This attractive fourplex located at 711 SW 10th St, Dania Beach, Florida, presents a compelling investment opportunity. Built in 1957, this single-story building comprises four units, each boasting two bedrooms and one bathroom. Each unit is equipped with separate electric and water meters, ensuring tenants are responsible for their utilities. Assigned parking is provided for each unit's convenience. The property currently generates a monthly income of $6,650, with a significant potential for increased revenue—up to $8,000 per month—by adjusting rents to market rates. This translates to a strong return on investment. Three of the four units are currently under Section 8 housing, providing a stable and predictable income stream. The remaining unit is occupied under a standard lease agreement. Situated in a high-demand area of Dania Beach, Broward County (zip code 33004), this property offers excellent access to Dixie Highway and benefits from its convenient location. The asking price for this exceptional multifamily investment is $850,000.

Highlights

  • $850,000 asking price for a four-unit apartment building.
  • Fourplex located at 711 SW 10th St, Dania Beach, FL 33004.
  • Each unit features two bedrooms and one bathroom.
  • Generating $6,650 monthly rental income, with potential for $8,000.
  • Three Section 8 units and one market-rate unit provide stable income.
  • Individual electric and water meters; tenants pay all utilities.

Property Details for 711 10Th St

Property type
Apartment buildings, Small apartment buildings
Year Built
1957
Stories
1
Units
4

Location Insight

City
Dania Beach
County
Broward
State
Florida
Latitude
26.038377
Longitude
-80.1508208

FAQs

What type of property is this?
Apartment building - High-Yield Multifamily Property in Dania Beach
Where is the apartment building located?
The property is located at 711 10Th St Dania Beach, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: $850,000 asking price for a four-unit apartment building.; Fourplex located at 711 SW 10th St, Dania Beach, FL 33004.; Each unit features two bedrooms and one bathroom.
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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711 10Th St
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