125 NW 12th Ave #1-2 Active

Dania Beach,FL 33004

$ 450000

- Bed

0 Bath

1203 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,203 sqft

Price per Sqft $374

Subdivision West Moorland

MLS Listing ID A11844139

Year Built 1961

Annual Tax Amount $7,972

Tax Year 2025

Property Sub-Type Duplex

Property 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.

Location

State FL

County Broward

Community West Moorland

Area 3020

Interior

Heating Central

Cooling Ceiling Fan(s)

Flooring Ceramic Tile,Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Other

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Structure Type Block

Others

Acceptable Financing Cash,Conventional,VA Loan

Listing Terms Cash,Conventional,VA Loan

Special Listing Condition Listed As-Is

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