5387 SW 40th Ave 103, Dania Beach, FL 33314 — MLS photo

Active · Condominium

$204,900

5387 SW 40th Ave 103, Dania Beach, FL 33314

Beds: 2
Baths: 2
Living area: 870 sq ft
$ / sq ft: $236/sq ft
Year built: 1978
Lot size: —
HOA fee: $350 Monthly
Annual tax: $882

About this property

Price reduced! Updated 2BR/2BA Condo with Major 2023–2025 Upgrades. Features new hurricane impact windows, front door, and sliding glass door (2025), a new HVAC (2023), and new water heater (2023) for peace of mind. Enjoy a private balcony, two assigned parking spaces, and access to a community pool. Recently adjusted to reflect strong value in today’s market for a fully updated unit. Great option for those seeking a primary residence. Conveniently located near Hard Rock Casino, Broward College, NSU, shopping, dining, major highways, and nearby parks. LOW HOA fees and no current or planned special assessments make this a rare, worry-free opportunity.

Property location

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5387 SW 40th Ave 103, Dania Beach, FL 33314

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 870 sq ft
Flooring: Ceramic Tile
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling: Central Air, Ceiling Fans
Heating: Central
Interior features: Closet Cabinetry, First Floor Entry, Walk In Closets

Exterior & Structure

Property type: Condominium
Year built: 1978
Stories: 2
Construction: Block
Exterior features: Enclosed Porch, Security High Impact Doors, Patio
Pool: Association
View: None

Parking

Garage spaces: 0
Covered spaces: 0
Parking features: Two Or More Spaces

HOA, Community & Financials

Association fee: $350 Monthly
Fee inclusions: Insurance, Laundry, Pools, Reserve Fund, Roof, Trash, Water
Amenities: Pool
Pets allowed: No, Pet Restrictions
Annual tax: $882
Subdivision: BEL-AIRE SECTION SIX COND
County: Broward
Days on market: 370
MLS listing ID: A11882118
Listing status: Active

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

Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

Property taxes ($/yr)

Home insurance ($/yr)

Vacancy (%)

Estimated monthly cash flow

$402

Cap rate: 8.0%
Net yield: 8.0%
Cash-on-cash return: 8.4%
Gross yield: 12.5%
Mortgage payment: $971/mo
Down payment: $51,225
Loan amount: $153,675
Annual NOI: $16,477

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