luxury

$699,999

20 SE 13th Terrace, Dania Beach, FL 33004

Dania Beach, FL, 33004

— bd · 0 ba · 2,166 sqft

Listed by Luxe Properties

Estimated monthly payment

$5,121/mo

Income & expenses

2 units
Building totalsMonthlyAnnual
Gross rental income$2,600$31,200
Operating expenses (est.)$1,252$15,020
Net operating income (est.)$1,348$16,180

Expenses include estimated taxes, insurance, HOA and the 10% vacancy, repairs and management allowance. Loan payments are separate.

Yearly rent

$31,200

Property taxes after sale

$8,400

Florida average estimate

Insurance estimate

$3,500

South Florida average insurance estimate

$699,999
$559,999 (20% below)Asking $699,999

Cap rate — optimistic

2.76%

NOI $19,300/yr

Rent minus taxes, insurance and HOA.

Cap rate — conservative

2.31%

NOI $16,180/yr

Also minus 10% for vacancy, repairs and management.

Cash flow with a loan

20% · $140,000
0%50%100%
Loan payment $43,586/yr
Cash flow $-27,406/yr
Cap rate 2.31%
Cash-on-cash -19.58%
Cash flow ÷ price -3.92%

Conservative net operating income minus a 30-year loan payment at the price tested above.

Rent figures come from the listing. Taxes are estimated at the tested price, since Florida taxes reset on sale. Planning estimate only, not a quote. Actual premiums depend on roof age, wind mitigation, flood zone, claims history and the carrier. Verify all income and expenses with the seller's rent roll before writing an offer. Estimate only, not guaranteed. Verify before you buy or sell.

Know your costs before you buy

Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.

Estimated monthly payment $5,121/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.

About this home

Find similar homes

Take advantage of this stunning duplex for sale with so many options to grow. This property features 2 units. Each side has 2 bedrooms, 2 full bathrooms, fully fenced backyard, impact windows, separate FPL and water meters, Washer and dryer. One side is fully furnished rented at $2600 per month for a year. Side 2 is rented month to month $2700 per month unfurnished. Ample parking in the front as each side has 2 spaces plus street parking. Very spacious inside with a split bedroom floorplan. Close to the all new Dania Point, just minutes from shops and beaches and no association. Call today for a private tour.

Good deal

Why we flagged this one

A transparent review of current MLS facts—not a paid placement.

  • 101 days on market

    Longer time on market usually means the seller is more open to negotiating on price and terms.

Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.

Your costs (est.)

≈ $5,121/mo

20 SE 13th Terrace, Dania Beach, FL 33004 · Dania Beach

Location

20 SE 13th Terrace, Dania Beach, FL 33004

Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995