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26 SE 13th Ter 7 Unit Apartment Building $2,032,520 CAD ($290,360 CAD/Unit) 4.94% Cap Rate Dania Beach, FL 33004
Investment Highlights
- Units have been updated inside, giving a new owner a clean, move-in ready asset without the immediate capital outlay of a renovation play
- All 7 units are leased and occupied. In-place rents are $10,025/month — $120,300 annually — with zero lease-up risk at close
- A hard-to-find location east of US-1 in Dania Beach — one of Broward’s most in-demand rental pockets with coastal proximity
- 4 studios and 3 one-bedrooms ranging from 300 to 550 SF. Broad renter appeal, low rollover risk, and steady cash flow across market cycles
- Built to last. Concrete block construction means lower maintenance costs and better resilience in a hurricane market
- Most units are sitting below market. Bringing rents to market-rate ($1,400 studios / $1,750 one-bedrooms) adds $825/month
Executive Summary
Kyle Matthews
Matthews Real Estate Investment Services, Inc
BK3554632, CQ1066435 (FL)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Matthews Real Estate Investment Services, Inc
BK3554632, CQ1066435 (FL)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
| Price | $2,032,520 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $290,360 CAD | Building Class | C |
| Sale Type | Investment | Building Size | 10,792 SF |
| Cap Rate | 4.94% | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1957 |
| Property Subtype | Apartment |
| Price | $2,032,520 CAD |
| Price Per Unit | $290,360 CAD |
| Sale Type | Investment |
| Cap Rate | 4.94% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 10,792 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1957 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 7 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 51-42-03-08-0320 | Improvements Assessment | $1,206,311 CAD |
| Land Assessment | $69,243 CAD | Total Assessment | $1,275,555 CAD |
Property Taxes
Parcel Number
51-42-03-08-0320
Land Assessment
$69,243 CAD
Improvements Assessment
$1,206,311 CAD
Total Assessment
$1,275,555 CAD
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26 SE 13th Ter
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