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255 SW 15th St - 7%+ Cap Triplex Dania Beach Owner Financing! 3 Unit Apartment Building Offered at $803,830 CAD at a 7.15% Cap Rate Dania Beach, FL 33004

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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 $62,700 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.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $85,496 $47.29
Other Income - -
Vacancy Loss - -
Effective Gross Income $85,496 $47.29
Taxes - -
Operating Expenses - -
Total Expenses $28,054 $15.52
Net Operating Income $57,442 $31.77

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $85,496
Annual Per SF $47.29
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $85,496
Annual Per SF $47.29
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $28,054
Annual Per SF $15.52
Net Operating Income (CAD)
Annual $57,442
Annual Per SF $31.77

Property Facts

Price $803,830 CAD
Price Per Unit $267,943 CAD
Sale Type Investment
Cap Rate 7.15%
No. Units 3
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
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
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39292198

  • Date on Market: 2026-02-02

  • Last Updated:

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

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