45 SE 14th St

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45 SE 14th St

Dania Beach, FL 33004
Asking Price
$600K
Asset Type
Multifamily
Class
Class B

What's Special

45 SE 14th St is located in Dania Beach, Florida, situated within a transitioning residential and commercial corridor. The property offers proximity to major transit routes, including US-1 and I-95, providing direct access to Fort Lauderdale and Miami. It is located minutes from the Fort Lauderdale-Hollywood International Airport and Port Everglades. Nearby amenities include the Dania Pointe mixed-use development, which features extensive retail, dining, and entertainment options, as well as local parks and the Atlantic coast beaches. This multifamily asset is suited for long-term rental housing or workforce housing redevelopment. The location caters to a tenant profile consisting of commuters, aviation industry professionals, and service workers employed at surrounding retail centers. The proximity to regional employment hubs makes it an functional choice for residents seeking a central location with high walkability to local services and reliable access to neighboring metropolitan areas.

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NOI
$80,000
Cap Rate
13.33%
DSCR
2.25
Strong
Cash-on-Cash
24.65%
Monthly Payment
$2,968.468
Annual Cash Flow
$44,378.388

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