711 10Th StDania Beach, FL 33004

Property Details for 711 10Th St

Year built

1957

Property type

Residential income properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Dania Beach

County

Broward

State

Florida

Latitude

26.0384

Longitude

-80.1508

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