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Alex Mendel

alex@mendelgroupfl.com +1(561) 827-8449

$ 450,000

Est. payment -/mo

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Price Dropped by $75K

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

1,203 SqFt

UPDATED:

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

Construction Status Resale

HOA Y/N No

Year Built 1961

Annual Tax Amount $7,972

Tax Year 2025

Property Sub-Type Duplex

Property Description

Duplex in prime Dania Beach with two 2-bed, 1-bath units on a 6,066 SF lot (1,203 SF building). Unit A rents for $1,850/month with some wear, Unit B at $1,750/month with a renovated kitchen. Current income is $3,600/month ($43,200/yr) with market potential of $4,200/month ($50,400/yr), offering upside through light updates. Expenses are $21,759, producing a current NOI of $21,441 and market NOI of $28,641, reflecting 4.8% and 6.36% cap rates. The property features a shingle roof installed in 2008, 17 years old as of 2025. Located near the beach, airport, and 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

Total Parking Spaces 2

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 504233100451

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11844139

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Keller Williams Realty SW

Alex Mendel

Agent

+1(561) 827-8449

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Alex Mendel

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

Key Details

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125 NW 12th Ave #1-2