luxury

$1,395,000

26 SE 13th Terrace 1-7, Dania Beach, FL 33004

Dania Beach, FL, 33004

— bd · 0 ba · 2,524 sqft

Listed by Management Miami

Estimated monthly payment

$9,995/mo

Income & expenses

7 units
Building totalsMonthlyAnnual
Gross rental income$10,025$120,300
Operating expenses (est.)$2,979$35,745
Net operating income (est.)$7,046$84,555

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

Yearly rent

$120,300

Property taxes after sale

$16,740

Florida average estimate

Insurance estimate

$6,975

South Florida average insurance estimate

$1,395,000
$1,116,000 (20% below)Asking $1,395,000

Cap rate — optimistic

6.92%

NOI $96,585/yr

Rent minus taxes, insurance and HOA.

Cap rate — conservative

6.06%

NOI $84,555/yr

Also minus 10% for vacancy, repairs and management.

Cash flow with a loan

20% · $279,000
0%50%100%
Loan payment $86,860/yr
Cash flow $-2,305/yr
Cap rate 6.06%
Cash-on-cash -0.83%
Cash flow ÷ price -0.17%

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 $9,995/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.

About this home

Find similar homes

Exceptional 7-unit multifamily investment east of US-1 in one of Broward's most sought-after rental corridors. Built with concrete block construction and featuring fully renovated interiors, this 100% occupied asset delivers immediate, day-one income of $10,025/month.Located just minutes from Dania Pointe — Broward's premier mixed-use destination with top-tier dining, retail, and entertainment — and 2 miles from Fort Lauderdale-Hollywood International Airport and Port Everglades, the location drives consistent tenant demand and low vacancy.The unit mix of 4 studios and 3 one-bedrooms offers broad renter appeal across market cycles. With most units still sitting below market rate, an investor has clear, low-risk upside through natural lease rollover — no construction, no heavy capital outlay. Bringing rents to market ($1,400 studios / $1,750 one-bedrooms) adds $825/month, nearly $10,000/year in additional NOI, representing an 11.5% blended mark-to-market opportunity. Partnership option available for investors to keep the current loan in place.Great potential upside. Easy to show. Hurry, won't last.

Good deal

Why we flagged this one

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

  • Price reduced 5%

    The seller has come down from $1,475,000 to $1,395,000 — a $80,000 reduction since it came on the market.

  • 162 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.)

≈ $9,995/mo

26 SE 13th Terrace 1-7, Dania Beach, FL 33004 · Dania Beach

Location

26 SE 13th Terrace 1-7, Dania Beach, FL 33004

Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995