Interior
- Bathrooms
- 0
- Living area
- 1,722 sq ft
Active · Triplex
$615,000
685 SW 7th Terr, Dania Beach, FL 33004
- Beds
- —
- Baths
- 0
- Living area
- 1,722 sq ft
- $ / sq ft
- $357/sq ft
- Year built
- 1959
- Lot size
- —
- HOA fee
- —
- Annual tax
- —
About this property
Attention investors! Exceptional income-producing property with a brand new roof featuring 3 units on annual leases: a 2BR/2BA, 2BR/1BA, and 1BR/1BA, each with private entrance. Updated interiors include remodeled kitchens with newer appliances, renovated bathrooms, and laminate flooring throughout in bright, neutral tones. Two units feature mini-split HVAC systems. Additional highlights include an exterior laundry room with newer full-size washer/dryer & a newer water heater. SELLER FINANCING available for qualified investors. Minimum $450,000 down, with up to $180,000 financed by the seller at 10% fixed interest. Approximately $1,500 monthly interest-only payments, with the remaining principal due after 24 months. No prepayment penalty. Ideally located near the beach with quick access to 595, I-95, and Fort Lauderdale Airport. Don't miss out and schedule your showing today!
Property location
Get Directions685 SW 7th Terr, Dania Beach, FL 33004
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Facts & features
Exterior & Structure
- Property type
- Triplex
- Year built
- 1959
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Broward
- MLS listing ID
- A12027694
- 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
$64
- Cap rate
- 5.8%
- Net yield
- 5.8%
- Cash-on-cash return
- 0.4%
- Gross yield
- 9.3%
- Mortgage payment
- $2,915/mo
- Down payment
- $153,750
- Loan amount
- $461,250
- Annual NOI
- $35,753
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.