24 SW 13th St
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24 SW 13th St
5 Unit Apartment Building $1,344,088 CAD ($268,818 CAD/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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$128,833
|
$44.41
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$128,833
|
$44.41
|
| Taxes |
$11,376
|
$3.92
|
| Operating Expenses |
$4,266
|
$1.47
|
| Total Expenses |
$15,642
|
$5.39
|
| Net Operating Income |
$113,191
|
$39.02
|
Financial Summary (Actual - 2021)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $128,833 |
| Annual Per SF | $44.41 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $128,833 |
| Annual Per SF | $44.41 |
| Taxes (CAD) | |
|---|---|
| Annual | $11,376 |
| Annual Per SF | $3.92 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $4,266 |
| Annual Per SF | $1.47 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $15,642 |
| Annual Per SF | $5.39 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $113,191 |
| Annual Per SF | $39.02 |
Property Facts
| Price | $1,344,088 CAD | Building Class | C |
| Price Per Unit | $268,818 CAD | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 2,901 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1959 |
| Apartment Style | Garden | Parking Ratio | 2.76/1,000 SF |
| Price | $1,344,088 CAD |
| Price Per Unit | $268,818 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 2,901 SF |
| Average Occupancy | 100% |
| No. Stories | 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 | $2,688 CAD | 700 |
| Studios | 3 | $1,556 CAD | 200 - 300 |
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Walk Score ®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 51-42-03-10-6170 | Total Assessment | $594,994 CAD (2024) |
| Land Assessment | $68,717 CAD (2024) | Annual Taxes | $11,376 CAD ($3.92 CAD/SF) |
| Improvements Assessment | $526,277 CAD (2024) | Tax Year | 2021 |
PROPERTY TAXES
Parcel Number
51-42-03-10-6170
Land Assessment
$68,717 CAD (2024)
Improvements Assessment
$526,277 CAD (2024)
Total Assessment
$594,994 CAD (2024)
Annual Taxes
$11,376 CAD ($3.92 CAD/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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