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West Moorland

$450,000

125 NW 12th Ave #1-2, Dania Beach, FL 33004

Active
Last Updated: 08/22/2025

21,441

NOI

6,066 sqft

Building Size

Details:
NOI:    $21,441
Building Size:    6,066 sqft
Units:    2
Year Built:    1961
Floors:    1
Parking Spots:    2
Gross Leaseable Area:    1,203
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Other Available Information
  • Architectural Style: Detached
  • Cooling: Ceiling Fan(s)
  • Heating: Central
  • Flooring: Ceramic Floor, Tile
  • Construction Materials: CBS Construction
Description:

Duplex in prime Dania Beach featuring two 2-bed, 1-bath units on a 6,066 SF lot with a 1,203 SF building. Unit A rents for $1,850/month with some wear, while Unit B rents for $1,750/month and includes a renovated kitchen. Current income is $3,600/month ($43,200/year) with a market gross rent potential of $4,200/month ($50,400/year), offering upside through light updates. Annual operating expenses are $21,759, producing a current NOI of $21,441 and a 4.8% cap rate at the asking price. The property features a shingle roof installed in 2008 (17 years old as of 2025). Centrally located near the beach, airport, and major highways, it is ideal for investors seeking value-add, 1031 exchange, or portfolio growth. Part of a 9-unit package. Showings by appointment only.

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