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255 SW 15th St - 7%+ Cap Triplex Dania Beach Owner Financing! 3 Unit Apartment Building Offered at $589,500 at a 7.15% Cap Rate Dania Beach, FL 33004
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 | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$62,700
|
$34.68
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$62,700
|
$34.68
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$20,574
|
$11.38
|
| Net Operating Income |
$42,126
|
$23.30
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $62,700 |
| Annual Per SF | $34.68 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $62,700 |
| Annual Per SF | $34.68 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $20,574 |
| Annual Per SF | $11.38 |
| Net Operating Income | |
|---|---|
| Annual | $42,126 |
| Annual Per SF | $23.30 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Washer/Dryer Hookup
- Kitchen
- Yard
1 1
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (73)
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255 SW 15th St - 7%+ Cap Triplex Dania Beach Owner Financing!
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