Owner financing!! This money making triplex offers a strong 7+ cap rate with room to grow, located near federal highway in the heart of dania beach, minutes to dania pointe & floridas sandy beaches, property features two buildings on one lot, front building has two 2 bedroom 1 bath & new completely updated cottage (studio) in rear. Additional highlights include hurricane impact windows, new electrical panels, newer roof 2020, updated kitchens, tankless water heater & sewer line replaced, front units have washer/dryer. Current gross income is $65,400 with annual expenses of: taxes at $10,254, insurance at $3,840 (no wind) lawn $960, water $2,880 electric $2,640, trash included in the taxes. Additionally, the seller owns a fourplex on the same block also for sale at $689,500.
Owner financing!! This money making triplex offers a strong 7+ cap rate with room to grow, located near federal highway in the heart of dania beach, minutes to dania pointe & floridas sandy beaches, property features two buildings on one lot, front building has two 2 bedroom 1 bath & new completely updated cottage (studio) in rear. Additional highlights include hurricane impact windows, new electrical panels, newer roof 2020, updated kitchens, tankless water heater & sewer line replaced, front units have washer/dryer. Current gross income is $65,400 with annual expenses of: taxes at $10,254, insurance at $3,840 (no wind) lawn $960, water $2,880 electric $2,640, trash included in the taxes. Additionally, the seller owns a fourplex on the same block also for sale at $689,500.
Features
Building and Construction
Flooring: Tile
Roof: Composition, Shingle
School Information
High School: South Broward
Middle School: Olsen
School Elementary: Dania
Eco-Communities
Water Source: Public
Utilities
Cooling: Central Air, Wall/Window Unit(s)
Heating: Separate Meters, Central, Window/Wall
Sewer: Public Sewer
Utilities: Cable Available
Finance and Tax Information
Tax Year: 2025
Other Features
Legal Description: NORTH HOLLYWOOD 4-1 B LOT 21 BLK 26
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