235-237 SW 12th Street, Dania Beach, FL 33004

Listing Snapshot

About This Home

CASH COW IN DANIA BEACH! Offered at $899,000 with owner-reported gross income of $9,750/month ($117,000/year). Originally 2 units, now arranged as 4 rental spaces PLUS an income-producing camper included in the sale!235: 2BR/1BA with service entrance and a patio ideal for outdoor entertaining—$2,500/month.237 A: 2BR/1BA with a private patio; tenant pays utilities—$2,450/month.237 B: Efficiency with a walk-in closet—$1,500/month.237 C: Newly updated 2BR/1BA with a new kitchen and bathroom—$2,250/month.Camper: Connected to water and electricity—$1,050/month.All four rental spaces have in-unit washers and dryers! AC centrals or split. Reported annual expenses of $23,400 leave $93,600 before vacancy, repairs, reserves, additional management and debt service, indicating a 10.41% cap rate at asking price if all current rents continue.Additional conversions are unauthorized. Buyer to verify permitted uses, camper rental status, leases, income and expenses.

General Features

Property Type

ResidentialIncome

Sub-type

Duplex

Stories

1

Parking Spaces

5

Zoning

NBHD-RES

Utilities

CableNotAvailable

Subdivision

NORTH HOLLYWOOD

Interior Features

Flooring

CeramicTile

Heating

None

Cooling

CentralAir,Electric

Exterior Features

Construction

Block

Roof

Shingle

Pool

No

Waterfront

No

Community Features

MLS Area

3020

Schools

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