Share This Listing

Message

917 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Owner Financing Available!
  • New Electric
  • Roof 2020
  • Hurricane Windows
  • Miuntes To Dania Beach

Executive Summary

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 & Florida’s 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 $65400 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. 255 SW 15th ST. Also Offering Owner Financing.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $90,330 $49.96
Other Income - -
Vacancy Loss - -
Effective Gross Income $90,330 $49.96
Taxes - -
Operating Expenses - -
Total Expenses $28,417 $15.72
Net Operating Income $61,914 $34.24

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $90,330
Annual Per SF $49.96
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $90,330
Annual Per SF $49.96
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $28,417
Annual Per SF $15.72
Net Operating Income (CAD)
Annual $61,914
Annual Per SF $34.24

Property Facts

Price $814,217 CAD
Price Per Unit $271,406 CAD
Sale Type Investment
Cap Rate 7.60%
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.19 AC
Building Size 1,808 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1979/2022
Zoning Multi-Family

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Kitchen
  • Yard
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
51-42-03-10-3140
Land Assessment
$66,370 CAD (2026)
Improvements Assessment
$591,998 CAD (2026)
Total Assessment
$658,368 CAD (2026)
  • Listing ID: 39292198

  • Date on Market: 2026-02-02

  • Last Updated:

  • Address: 255 SW 15th St, Dania Beach, FL 33004

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}