AvailableMultifamily Sale
302 SW 15th St, Dania Beach, FL 33004
302 SW 15th St, Dania Beach, FL 33004
Offering Price$1,950,000
Units7
Living SF5,144 SF
Building5,144 SF
Land23,015 SF
Actual Cap5%
Proforma Cap7%
Property Overview
Investment Opportunity
Contact Fidelity Real Estate Group for full property information, financials, and offering details.
Property Information
Property Details
Property Basics
Property CategoryMultifamily Sale
Units7
Year Built1953
CountyBroward
ZoningNBHD-RES Multifamily 2-9 Units (08)
APN5142-03-10-1730
Living SF5,144 SF
Building SF5,144 SF
Land SF23,015 SF
Land Acres0.53
Building & Systems
Number of Buildings3
Number of Stories1
Electric Meters7
Water Meters1
LaundryShared Laundry Room - Coin Operated
Roof TypeShingle/Barrel
HVACCentral/Wall Units
Investment Metrics
Price Per Unit$278,571
Price Per Building SF$379.08 / SF
Price Per Land SF$84.73 / SF
Financial Overview
Investment Financials
Actual Financials
Gross Income$151,500
Operating Expenses$47,948
Net Operating Income$103,552
Cap Rate5%
Proforma Financials
Gross Income$175,800
Operating Expenses$47,948
Net Operating Income$127,852
Cap Rate7%
Unit Mix
Unit 1
OccupiedBed/Bath1/1
Actual Rent$1,300
Proforma Rent$1,750
LeaseMonth to Month
Unit 2
OccupiedBed/Bath1/1
Actual Rent$1,500
Proforma Rent$1,750
LeaseMonth to Month
Unit 3
OccupiedBed/Bath1/1
Actual Rent$1,500
Proforma Rent$1,750
LeaseMonth to Month
Unit 4
OccupiedBed/Bath1/1
Actual Rent$1,500
Proforma Rent$1,750
LeaseMonth to Month
Unit 5
OccupiedBed/BathStudio
Actual Rent$975
Proforma Rent$1,450
LeaseN/A , Unit: House 1
Bed/Bath3/2
Actual Rent$2,950
Proforma Rent$3,100
LeaseN/A
NotesRedone , Unit: House 2
Bed/Bath3/2
Actual Rent$2,900
Proforma Rent$3,100
LeaseN/A
Expense Breakdown
Taxes$32,408.43
Insurance$6,000.00
Water$4,200
Landscaping$3,600
House Electric$900
Other Expenses$840
Total Expenses$47,948
Expense Notes
other expense is gas for the water heater. There are 5 washer dryer hookups
Income and expense information is believed to be accurate but is not guaranteed. All figures should be independently verified by the buyer and/or buyer's representatives as part of their due diligence.
Property Photos