FF Market – MFH in Dania Beach. Oversized 2 bedrooms 1 bath on each side of this duplex. Rented, month to month, $1750 per unit (total $3500). Central A/C. Brand new roof installed August 2021. Minor Rehab needed. Great Buy & Hold Opportunity.
COMPS:
Comp: MLS A11205709, sold price $550,000 (CASH), (2) 3/1 and (1) efficiency,
SqFt. 1,998 (triplex but smaller than ours)
Comp: MLS A11022765, sold price $585,000 (CASH), (2) 2/1 and (2) 1/1, SqFt. 1,900
(4-plex but smaller than ours)
Comp: MLS F10325955, sold price $475,000 (sold to investment company), (3) 1/1,
SqFt. 1,274 (triplex but smaller than ours)
Property Type: MFH
Year Built: 1980
Construction: CBS
Beds / Baths: 2/1 x 2
Square Feet: 2,498
HOA: None
Liens/Violations: None
Property Taxes: $8841.36(2022)
Estimated Rehab: $ 5k-$10k
ARV: $580K-$600K
Occupancy: Occupied (tenants on month-to-month)