Basic Information

  • Type Mixed Use
  • Status Closed
  • Year Built 1959
  • Total Sqft 9,739
  • Date Listed 03/08/2024
  • Days on Market 42
Description

This is a mixed use commercial residential building.Two story building with 2 retailoffice spaces and 4 residential apartments. Excellent location East of Federal Highway in Dania Beach. Building has 2,284 sq. ft. of retail space and 1 studio, 1 efficiency, 1 one bedroom, one bath and 1 two bedroom, one bath apartments. Building is 4,968 sq. ft. total. Outstanding opportunity to own this income maker in Dania Beach. Lot size is 9,739 sq. ft. This property is offered for sale at 995,000. The building was built in 1959 and is 100% occupied with 6 tenants.Total annual income is 107,388.00. Total annual operating expenses are 40,797.00 with a annual net operating income of 66,591.00 and a Cap Rate of 6.6.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Mixed Use

Interior Features

  • Adjusted Sqft 9,739Sq.Ft
  • Sqft 9,739 Sq.Ft

Property Features

  • Address 24 NE 1st Ave
  • Aprox. Lot Size 9,739
  • Furnished Info no
  • Listing Terms Cash
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $13,170
  • Tax Legal desc ESKILSON ADD TO DANIA AMENDED PLAT 7-10 B LOT 32,33,34 BLK 2
  • Tax Year 2023
  • Terms Considered Cash
  • Type of Property Mixed Use

24 NE 1st Ave

Dania Beach, FL 33004

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: A J Ryan Realty. tel: 954 926-6040

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