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Owner Financing 4 Plex Near Dania Beach 224 SW 15th St 4 Unit Apartment Building $952,337 CAD ($238,084 CAD/Unit) 7.50% Cap Rate Dania Beach, FL 33004
Investment Highlights
- Owner Financing Available!
- Minutes To Dania Pointe
- Minutes To Downtown
- Minutes To Dania Beach
Executive Summary
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 & Florida’s 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. Net Is Around $51,683. Additionally, The Seller Owns A Triplex On The Same Block, 255 Sw 15th St Dania, Beach, FL 33004 Asking $589,500. Call Or Text carlos Montoya With Any Questions , Or For A list Of Other Multi-Family Properties For Sale.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$94,391
|
$45.25
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$94,391
|
$45.25
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$23,007
|
$11.03
|
| Net Operating Income |
$71,385
|
$34.22
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $94,391 |
| Annual Per SF | $45.25 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $94,391 |
| Annual Per SF | $45.25 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $23,007 |
| Annual Per SF | $11.03 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $71,385 |
| Annual Per SF | $34.22 |
Property Facts
| Price | $952,337 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $238,084 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 7.50% | Building Size | 2,086 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1986/2025 |
| Zoning | Multi-Family | ||
| Price | $952,337 CAD |
| Price Per Unit | $238,084 CAD |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 2,086 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1986/2025 |
| Zoning | Multi-Family |
Amenities
Unit Amenities
- Air Conditioning
- Refrigerator
- Yard
- Lawn
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $2,003 CAD | 2,086 |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 51-42-03-10-2852 | Improvements Assessment | $516,330 CAD (2026) |
| Land Assessment | $66,317 CAD (2026) | Total Assessment | $582,647 CAD (2026) |
Property Taxes
Parcel Number
51-42-03-10-2852
Land Assessment
$66,317 CAD (2026)
Improvements Assessment
$516,330 CAD (2026)
Total Assessment
$582,647 CAD (2026)
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Owner Financing 4 Plex Near Dania Beach | 224 SW 15th St
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