This photo
luxury

$769,000

4265 SW 51st Street 1-3, Dania Beach, FL 33314

Dania Beach, FL, 33314

—
Beds
0
Baths
2,362
Sq ft
1961
Year built
≈ $5,044/mo with taxes, insurance & HOA

Listed by United Realty Group Inc.

Income & expenses

3 units
Building totalsMonthlyAnnual
Gross rental income (est.)$1,850$22,200
Operating expenses (est.)$-1,787$-21,448
Net operating income (est.)$3,637$43,648

Expenses reflect the published net income, adjusted for post-sale taxes; the seller's itemized expenses need confirmation. Loan payments are separate.

Net Op Inc (as listed)

$41,983

Published by the listing agent

Property taxes after sale

$9,228

Florida average estimate

Seller's current taxes

$10,893

Already inside their NOI

$769,000
$615,200 (20% below)Asking $769,000

Cap rate

5.68%

NOI $43,648/yr

The seller's Net Op Inc, corrected for the higher tax bill after the sale.

How we got there

Net Op Inc as listed
$41,983
Taxes today
$10,893
Taxes at $769,000
$9,228
Extra tax to absorb
-$-1,665
Adjusted net
$43,648

Cash flow with a loan

20% · $153,800
0%50%100%
Loan payment $47,882/yr
Cash flow $-4,234/yr
Cap rate 5.68%
Cash-on-cash -2.75%
Cash flow ÷ price -0.55%

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

Rent figures come from the listing or are estimated from the unit mix. 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

$5,044/ month

20% down · 6.75% interest · 30-year loan · Conforming loan

Principal, interest, taxes and insurance. Property Tax (after sale). Estimated; not a lender quote.

Principal & interest
$3,990/mo
Property tax (after sale) est.
$651/mo
Homeowners insurance est.
$403/mo
HOA
$0/mo

Estimate only, not guaranteed. Verify before you buy or sell.

Good deal

Why we flagged this one

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

  • 149 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.

4265 SW 51st Street 1-3, Dania Beach, FL 33314 · Dania Beach

Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995