24 SW 13th St
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24 SW 13th St
5 Unit Block of Flats £744,135 (£148,827/Unit) Dania Beach, FL 33004
Investment Highlights
- Multi-family building with new impact windows and doors, stucco and paint, electric, and roof.
- 1-story property located in the very walkable Fort Lauderdale submarket has 8 surface level parking spots and a laundry facility for residents.
- 3-square mile radius reflects population of 108,000: forecasts predict that the area will see growth by 1.96% between '22-'27.
Executive Summary
5-unit multi-family building located in Dania Beach, Florida. The property is located on .19-acres and has 8 surface level parking spaces. The building has new hurricane impact doors and windows, new stucco and paint, and all new electric and roofing. The property has a laundry facility for residents. The property receives a very walkable score of 80 and is in close proximity to public transportation: 2.7-miles to Sheridan Street Commuter Rail and 5.3-miles from Fort Lauderdale-Hollywood International Airport.
Financial Summary (Actual - 2021) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£70,967
|
£24.46
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£70,967
|
£24.46
|
| Taxes |
£6,266
|
£2.16
|
| Operating Expenses |
£2,350
|
£0.81
|
| Total Expenses |
£8,616
|
£2.97
|
| Net Operating Income |
£62,351
|
£21.49
|
Financial Summary (Actual - 2021)
| Gross Rental Income | |
|---|---|
| Annual | £70,967 |
| Annual Per SF | £24.46 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £70,967 |
| Annual Per SF | £24.46 |
| Taxes | |
|---|---|
| Annual | £6,266 |
| Annual Per SF | £2.16 |
| Operating Expenses | |
|---|---|
| Annual | £2,350 |
| Annual Per SF | £0.81 |
| Total Expenses | |
|---|---|
| Annual | £8,616 |
| Annual Per SF | £2.97 |
| Net Operating Income | |
|---|---|
| Annual | £62,351 |
| Annual Per SF | £21.49 |
Property Facts
| Price | £744,135 | Building Class | C |
| Price Per Unit | £148,827 | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 2,901 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Residential | Number of Floors | 1 |
| Property Subtype | Apartment | Year Built | 1959 |
| Apartment Style | Garden | Parking Ratio | 2.76/1,000 SF |
| Price | £744,135 |
| Price Per Unit | £148,827 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 2,901 SF |
| Average Occupancy | 100% |
| Number of Floors | 1 |
| Year Built | 1959 |
| Parking Ratio | 2.76/1,000 SF |
Unit Amenities
- Air Conditioning
Site Amenities
- Laundry Facilities
- Wi-Fi
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 2 | £1,488 | 700 |
| Studios | 3 | £861.63 | 200 - 300 |
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Walk Score ®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 51-42-03-10-6170 | Total Assessment | £331,790 (2024) |
| Land Assessment | £38,319 (2024) | Annual Taxes | £6,266 (£2.16/sf) |
| Improvements Assessment | £293,471 (2024) | Tax Year | 2021 |
PROPERTY TAXES
Parcel Number
51-42-03-10-6170
Land Assessment
£38,319 (2024)
Improvements Assessment
£293,471 (2024)
Total Assessment
£331,790 (2024)
Annual Taxes
£6,266 (£2.16/sf)
Tax Year
2021
zoning
| Zoning Code | RD-8000 (Residential District) |
| RD-8000 (Residential District) |
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24 SW 13th St
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