Interior
- Bathrooms
- 0
Active · MixedUse
$1,750,000
602 NW 1st Street, Dania Beach, FL 33004
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1958
- Lot size
- 10,850 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Prime Mixed-Use Redevelopment Retail + Residential Vertical Build 4 stories. Is the opportunity that exists with this building with 9 residential units and 4 retail units. Adjacent lot is also for sale separately or can be combined Opportunity Zone Investment, Opportunity Zone tax advantages, Value-add repositioning potential Strong rental demand corridor , Walkable urban redevelopment area. Close to US-1, Airport, Dania Pointe, new hotels. Major apartment development happening in this area. Brand new multi sports complex and park close to Broward Sheriff Office and City Hall... Be a part of this tremendous growth potential. Building holds a motel hotel licsense. Tremendous opportunity!!
Property location
Get Directions602 NW 1st Street, Dania Beach, FL 33004
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Facts & features
Exterior & Structure
- Property type
- MixedUse
- Year built
- 1958
- Lot size
- 10,850 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Broward
- MLS listing ID
- B26004768
- 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
-$3,425
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $8,296/mo
- Down payment
- $437,500
- Loan amount
- $1,312,500
- Annual NOI
- $58,450
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.