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INVESTMENT HIGHLIGHTS
- Multi-family building with new impact windows and doors, stucco and paint, electric, and roof.
- 1-story property located in the very walkable Fort Lauderdale submarket has 8 surface level parking spots and a laundry facility for residents.
- 3-square mile radius reflects population of 108,000: forecasts predict that the area will see growth by 1.96% between '22-'27.
EXECUTIVE SUMMARY
5-unit multi-family building located in Dania Beach, Florida. The property is located on .19-acres and has 8 surface level parking spaces. The building has new hurricane impact doors and windows, new stucco and paint, and all new electric and roofing. The property has a laundry facility for residents. The property receives a very walkable score of 80 and is in close proximity to public transportation: 2.7-miles to Sheridan Street Commuter Rail and 5.3-miles from Fort Lauderdale-Hollywood International Airport.
FINANCIAL SUMMARY (ACTUAL - 2021) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$125,436
|
$43.24
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$125,436
|
$43.24
|
| Taxes |
$11,076
|
$3.82
|
| Operating Expenses |
$4,154
|
$1.43
|
| Total Expenses |
$15,230
|
$5.25
|
| Net Operating Income |
$110,206
|
$37.99
|
FINANCIAL SUMMARY (ACTUAL - 2021)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $125,436 |
| Annual Per SF | $43.24 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $125,436 |
| Annual Per SF | $43.24 |
| Taxes (CAD) | |
|---|---|
| Annual | $11,076 |
| Annual Per SF | $3.82 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $4,154 |
| Annual Per SF | $1.43 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $15,230 |
| Annual Per SF | $5.25 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $110,206 |
| Annual Per SF | $37.99 |
PROPERTY FACTS
| Price | $1,315,275 CAD | Building Class | C |
| Price Per Unit | $263,055 CAD | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 2,901 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1959 |
| Apartment Style | Low-Rise | Parking Ratio | 2.76/1,000 SF |
| Zoning | RD-8000 - Residential District | ||
| Price | $1,315,275 CAD |
| Price Per Unit | $263,055 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 2,901 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1959 |
| Parking Ratio | 2.76/1,000 SF |
| Zoning | RD-8000 - Residential District |
AMENITIES
UNIT AMENITIES
- Air Conditioning
SITE AMENITIES
- Laundry Facilities
- Wi-Fi
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $2,631 CAD | 700 |
| Studios | 3 | $1,523 CAD | 200 - 300 |
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 51-42-03-10-6170 | Total Assessment | $623,589 CAD (2025) |
| Land Assessment | $68,982 CAD (2025) | Annual Taxes | $11,076 CAD ($3.82 CAD/SF) |
| Improvements Assessment | $554,606 CAD (2025) | Tax Year | 2021 |
PROPERTY TAXES
Parcel Number
51-42-03-10-6170
Land Assessment
$68,982 CAD (2025)
Improvements Assessment
$554,606 CAD (2025)
Total Assessment
$623,589 CAD (2025)
Annual Taxes
$11,076 CAD ($3.82 CAD/SF)
Tax Year
2021
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24 SW 13th St
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