4381 SW 51st St, Dania Beach, FL 33314 — MLS photo

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4381 SW 51st St, Dania Beach, FL 33314

Active · SingleFamilyResidence

$945,000

4381 SW 51st St, Dania Beach, FL 33314

Beds
2
Baths
1
Living area
1,045 sq ft
$ / sq ft
$904/sq ft
Year built
1950
Lot size
31,099 sq ft
HOA fee
—
Annual tax
$11,197

About this property

Spanning an impressive 31,000-square-foot lot, this presents an exceptional opportunity for developers and property owners. With zoning regulations allowing for two dwelling units per 8,000 square feet, there's potential to request more units. Investors can generate passive income while strategizing their development plans. The area's strong tourist traffic and abundant job opportunities make it an attractive rental market. Nearby development projects, such as Dania Pointe and the forthcoming Dolce Hotel, further enhance the area’s attractiveness.

Property location

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4381 SW 51st St, Dania Beach, FL 33314

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Facts & features

Interior

Bedrooms
2
Bathrooms
1
Living area
1,045 sq ft
Flooring
Tile
Appliances
Dryer, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Bedroom On Main Level, First Floor Entry

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1950
Lot size
31,099 sq ft
Architectural style
Detached, One Story
Roof
Shingle
Construction
CBSConcrete Block Structure, Block
Exterior features
Deck
Pool
None
View
Garden

Parking

Garage spaces
0
Covered spaces
0
Parking features
Other

HOA, Community & Financials

Pets allowed
No, Yes
Annual tax
$11,197
Subdivision
BROWARD GARDENS
County
Broward
Days on market
706
MLS listing ID
A11682737
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,932

Cap rate
3.2%
Net yield
3.2%
Cash-on-cash return
-8.8%
Gross yield
5.7%
Mortgage payment
$4,480/mo
Down payment
$236,250
Loan amount
$708,750
Annual NOI
$30,572

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.