Turn-Key Multifamily Investment in Prime Dania Beach Location! High impact windows and doors. Don’t miss this rare opportunity to own a fully remodeled income-producing property just minutes from everything! Situated on a 11,250 sq ft lot in a highly desirable area, this multi-unit gem offers five fully renovated units with strong rental income. Long-term Total Monthly Income: $8,400. Annual Income: $100,800 long term tenants. Long term tenants Estimated CAP Rate: 8.7% very attractive return, especially for a fully remodeled, income-generating property in a growing area! Daily rentals nightly rate is $450 Annual income potential: $160,000. There’s potential to expand up to the 4,500 sq ft coverage limit, The RS-6 district generally permits structures up to 2 stories or 35 feet in height.
Dania Beach, FL, 33312
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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