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224 15th Street
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PRICED AT ONLY: $704,000

Address: 224 15th Street, Dania Beach, FL 33004

Description

Owner Financing Available! This Money Making Fourplex Offers A Strong 7+ Cap Rate With Room To Grow. Located Just Off Federal Highway In The Heart Of Dania Beach, Minutes To Dania Pointe & Floridas Sandy Beaches. Property Features Two Buildings On One Lot With All Units Offering Large 1 Bed 1 Bath Layouts. Two Units Have Been Completely Gutted With Newer Bathrooms, An Updated Kitchen In Unit 3 & New Flooring, The Remaining Two Units Have Been Updated Within The Last Few Years. Other Highlights Include Hurricane Coverage Throughout & Newer Roofs Installed In 2017,2024. Current Gross Income Is $68,340 With Annual Expenses Of: Taxes $10,797, Insurance $2,380 (No Wind), Lawn $960, Water $2,520 Trash Included In Taxes. Additionally, The Seller Owns A Triplex On The Same Block Asking $589,500.

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  • MLS#: F10548771 ( Residential Income )
  • Street Address: 224 15th Street
  • Viewed: 38
  • Price: $704,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1986
  • Bldg sqft: 0
  • Days On Market: 22

Description

Owner Financing Available! This Money Making Fourplex Offers A Strong 7+ Cap Rate With Room To Grow. Located Just Off Federal Highway In The Heart Of Dania Beach, Minutes To Dania Pointe & Floridas Sandy Beaches. Property Features Two Buildings On One Lot With All Units Offering Large 1 Bed 1 Bath Layouts. Two Units Have Been Completely Gutted With Newer Bathrooms, An Updated Kitchen In Unit 3 & New Flooring, The Remaining Two Units Have Been Updated Within The Last Few Years. Other Highlights Include Hurricane Coverage Throughout & Newer Roofs Installed In 2017,2024. Current Gross Income Is $68,340 With Annual Expenses Of: Taxes $10,797, Insurance $2,380 (No Wind), Lawn $960, Water $2,520 Trash Included In Taxes. Additionally, The Seller Owns A Triplex On The Same Block Asking $589,500.
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Features
Building and Construction
  • Flooring: Tile
  • Roof: Composition, Shingle
School Information
  • High School: South Broward
  • Middle School: Olsen
  • School Elementary: Dania
Utilities
  • Cooling: Wall/Window Unit(s)
  • Heating: Separate Meters, Window/Wall
  • Sewer: Public Sewer
  • Utilities: Cable Not Available
Finance and Tax Information
  • Tax Year: 2025
Other Features
  • Legal Description: NORTH HOLLYWOOD 4-1 B LOT 9 BLK 25
  • Parcel Number: 514203102852
  • Views: 38
  • Zoning Code: NBHD-RES
Nearby Subdivisions
Central Dania Heights   College Tr 19-9 B   College Tract   Dalton View 28-29 B   Dania Beach Sub 8-1b   Dania Golf View   Dania Heights 3-22 B   Dania Heights Ext   Dania Homesites   Florian Isles   Forrest Homesites   Galman Sub   Hollywood Center   Hollywood Center Amd   Hollywood Center Amen Plat   North Hollywood   North Hollywood 4-1 B   Palm Village Club Condo   Raulerson Sub Amd 14-70 B   Saratoga   Shelter Islands 1st Add 4   Shelter Islands 43-6 B   South Dania Heights Amen   St James Park Delmar   Town Of Modelo (dania) B-   Town Of Modelo (dania) B-49   U S Lend Lease , Sheridan Ocea   U S Lend Lease Plat No One   West Moorland 19-8 B  
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