26 SE 13th Ter 7 Unit Apartment Building $1,475,000 ($210,714/Unit) 4.94% Cap Rate Dania Beach, FL 33004

Discover a fully occupied multifamily investment offering consistent cash flow in one of Broward County’s strongest rental markets. This low-rise property comprises seven updated units, including four studios and three one-bedroom apartments, with interior improvements that deliver immediate usability and minimize capital expenditure at takeover. All units are leased and generating in-place rents of approximately $120,300 annually, creating day-one income stability with zero lease-up risk.
Constructed of concrete block, the asset provides long-term structural durability and reduced maintenance exposure, essential characteristics for resilience in hurricane-prone regions. Located east of US-1, the property sits within a highly desirable coastal submarket featuring historically low vacancy and strong tenant demand. Current rents remain below market, presenting a clear and executable pathway for revenue growth through gradual mark-to-market adjustments without added renovation risk.
This turn-key property is positioned for investors seeking a stabilized income stream with inherent upside in a location benefiting from consistent population growth and proximity to major transport corridors, employment centers, and leisure amenities.