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224 SW 15th St - Owner Financing 4 Plex Near Dania Beach 4 Unit Apartment Building Offered at $940,188 CAD at a 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 |
$93,187
|
$44.67
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$93,187
|
$44.67
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$22,713
|
$10.89
|
| Net Operating Income |
$70,474
|
$33.78
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $93,187 |
| Annual Per SF | $44.67 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $93,187 |
| Annual Per SF | $44.67 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $22,713 |
| Annual Per SF | $10.89 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $70,474 |
| Annual Per SF | $33.78 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Refrigerator
- Yard
- Lawn
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,977 CAD | 2,086 |
1 1
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (73)
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224 SW 15th St - Owner Financing 4 Plex Near Dania Beach
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