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224 15th Street
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PRICED AT ONLY: $689,500

Address: 224 15th Street, Dania Beach, FL 33004

Description

Owner Financing Available! This Money Making Fourplex Offers A Strong 7+ Cap Rate With Room To Grow. Located Just Off Federal Highway In The Heart Of Dania Beach, Minutes To Dania Pointe & Floridas Sandy Beaches. Property Features Two Buildings On One Lot With All Units Offering Large 1 Bed 1 Bath Layouts. Two Units Have Been Completely Gutted With Newer Bathrooms, An Updated Kitchen In Unit 3 & New Flooring, The Remaining Two Units Have Been Updated Within The Last Few Years. Other Highlights Include Hurricane Coverage Throughout & Newer Roofs Installed In 2017,2024. Current Gross Income Is $68,340 With Annual Expenses Of: Taxes $10,797, Insurance $2,380 (No Wind), Lawn $960, Water $2,520 Trash Included In Taxes. Additionally, The Seller Owns A Triplex On The Same Block Asking $589,500.

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  • MLS#: F10548771 ( Residential Income )
  • Street Address: 224 15th Street
  • Viewed: 9
  • Price: $689,500
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1986
  • Bldg sqft: 0
  • Days On Market: 9

Description

Owner Financing Available! This Money Making Fourplex Offers A Strong 7+ Cap Rate With Room To Grow. Located Just Off Federal Highway In The Heart Of Dania Beach, Minutes To Dania Pointe & Floridas Sandy Beaches. Property Features Two Buildings On One Lot With All Units Offering Large 1 Bed 1 Bath Layouts. Two Units Have Been Completely Gutted With Newer Bathrooms, An Updated Kitchen In Unit 3 & New Flooring, The Remaining Two Units Have Been Updated Within The Last Few Years. Other Highlights Include Hurricane Coverage Throughout & Newer Roofs Installed In 2017,2024. Current Gross Income Is $68,340 With Annual Expenses Of: Taxes $10,797, Insurance $2,380 (No Wind), Lawn $960, Water $2,520 Trash Included In Taxes. Additionally, The Seller Owns A Triplex On The Same Block Asking $589,500.
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Features
Building and Construction
  • Exterior Features: Balcony
  • Flooring: Tile
  • Roof: Composition, Shingle
Utilities
  • Cooling: Wall/Window Unit(s)
  • Heating: Separate Meters, Window/Wall
  • Sewer: Public Sewer
  • Utilities: Cable Not Available
Finance and Tax Information
  • Home Owners Association Fee Includes: Maintenance Grounds, Sewer, Trash, Water
  • Tax Year: 2025
Other Features
  • Legal Description: NORTH HOLLYWOOD 4-1 B LOT 9 BLK 25
  • Parcel Number: 514203102852
  • Zoning Code: NBHD-RES
Nearby Subdivisions
Andersons Sub 34-40 B   C & C Sub 79-20 B   Central Dania Heights   Central Dania Heights 100   College Tr 19-9 B   College Tr 2nd Add 19-19   College Tr First Add 22-1   College Tract   College Tract 2nd Add   Danette   Dania Beach   Dania Beach Sub Resub   Dania Delmar   Dania Estates 57-46 B   Dania Heights 3-22 B   Dania Heights Ext 5-19 B   Dania Highlands 87-1 B   Dania Homesites   Florian Isles   Geo M Phippens   Highland Square   Highland Square 7-5 B   Hollywood Beach Park 12-6   Hollywood Center   Hollywood Center Amd   Nordine Heights   North Hollywood   North Hollywood 4-1 B   Ocean View Golf Add 37-7   Paradise Manor 32-31 B   Poinciana Park   Poinciana Park 5-17 B   Royal Palm Vista 41-12 B   Shelter Islands 1st Add 4   Shelter Islands 43-6 B   South Dania Heights Amd   South Dania Heights Amen   St James Park North 3-33   Town & Country Estates Se   Town Of Modelo (dania) B-49   Town Of Modelo Dania B-49   U S Lend Lease Plat No One   West Moorland   West Moorland 19-8 B  
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