217 7th Ave,Attached, Duplex, Town Of Dania

217 7th Ave, Dania Beach, Florida, 33004

Price $299,000.00

  • Lot size 972
  • Year Build 1965
  • Waterfront
  • Zip 33004
  • Style Attached
  • Parking Description
  • Pool Yes
  • Status Pending

Description

This is a duplex - West unit is currently rented for $950 and East Unit is rented for $975. West unit was previously rented for $1150 as it has a back yard but due to Covid we rented it out below market to a good tenant understanding evictions would be a problem. Water bill for both units is $122 a month total. Tenants pay their own electric bills and there are two electric meters there. Tenant occupied please do not disturb tenants. We have an appraisal we ordered that came in at $290,000 that we are willing to share. If you assume $23,100 in revenue, and then deduct $3000 in taxes, $1500 in water bill, $500 in maintenance, $400 in pest control. That leaves you with $17,736 in income. If you divide that by the asking price its a 6% cap rate. If you assume higher rents than its higher.

TOWN OF MODELO (DANIA) B-49 D LOT 16 BLK 31

Less Than 1/4 Acre Lot

This is a duplex - West unit is currently rented for $950 and East Unit is rented for $975. West unit was previously rented for $1150 as it has a back yard but due to Covid we rented it out below market to a good tenant understanding evictions would be a problem. Water bill for both units is $122 a month total. Tenants pay their own electric bills and there are two electric meters there. Tenant occupied please do not disturb tenants. We have an appraisal we ordered that came in at $290,000 that we are willing to share. If you assume $23,100 in revenue, and then deduct $3000 in taxes, $1500 in water bill, $500 in maintenance, $400 in pest control. That leaves you with $17,736 in income. If you divide that by the asking price its a 6% cap rate. If you assume higher rents than its higher.

City:Dania Beach,Zoning:R2,List A O R:A-Miami Association of REALTORS,Tax Year:2020,Latitude:26.0564316,Malone Id:1067276204,Cooling Y N:1,Heating Y N:1,List Price:299000,Listing Id:A10992947,Longitude:-80.1479827,Mls Status:Pending,Year Built:1965,Living Area:972,Postal Code:33004,Street Name:7th Ave,Contingency:Pending Inspections,Coordinates:1:26.0564316,Photos Count:10,Building Name:TOWN OF DANIA,Days On Market:85,Listing Terms:1:Conventional,2:Cryptocurrency,Lot Size Units:Square Feet,M L S Area Major:Town Of Dania,On Market Date:2021-02-02,Parcel Number:504234014301,Parking Total:4,Property Type:Residential Income,Stories Total:1,Street Number:217,M I A M I R E_ Style:Duplex,Off Market Date:2021-04-28,Public Remarks:This is a duplex - West unit is currently rented for $950 and East Unit is rented for $975. West unit was previously rented for $1150 as it has a back yard but due to Covid we rented it out below market to a good tenant understanding evictions would be a problem. Water bill for both units is $122 a month total. Tenants pay their own electric bills and there are two electric meters there. Tenant occupied please do not disturb tenants. We have an appraisal we ordered that came in at $290,000 that we are willing to share. If you assume $23,100 in revenue, and then deduct $3000 in taxes, $1500 in water bill, $500 in maintenance, $400 in pest control. That leaves you with $17,736 in income. If you divide that by the asking price its a 6% cap rate. If you assume higher rents than its higher.,County Or Parish:Broward County,Expiration Date:2022-11-30,Standard Status:Pending,Living Area Units:Square Feet,Major Change Type:Pending,Postal Code Plus4:2732,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:TOWN OF DANIA,Tax Annual Amount:3810,Unparsed Address:217 NW 7th Ave, Dania Beach FL 33004,Listing Agreement:Exclusive Agency,Year Built Details:Effective Year Built,Building Area Total:972,Building Area Units:Square Feet,Lot Size Square Feet:972,M I A M I R E_ L P Amt Sq Ft:307.6132,Original List Price:325000,Previous List Price:315000,Public Survey Range:50,Documents Available:1:Deposit - Security,2:Copy Of Lease(S),I D X Participation Y N:1,Syndication Remarks:This is a duplex - West unit is currently rented for $950 and East Unit is rented for $975. West unit was previously rented for $1150 as it has a back yard but due to Covid we rented it out below market to a good tenant understanding evictions would be a problem. Water bill for both units is $122 a month total. Tenants pay their own electric bills and there are two electric meters there. Tenant occupied please do not disturb tenants. We have an appraisal we ordered that came in at $290,000 that we are willing to share. If you assume $23,100 in revenue, and then deduct $3000 in taxes, $1500 in water bill, $500 in maintenance, $400 in pest control. That leaves you with $17,736 in income. If you divide that by the asking price its a 6% cap rate. If you assume higher rents than its higher.,Listing Contract Date:2021-02-02,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:See Broker Remarks,Street Number Numeric:217,Tax Legal Description:TOWN OF MODELO (DANIA) B-49 D LOT 16 BLK 31,Public Survey Township:50,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,M I A M I R E_ Adjusted Area S F:972,Contract Status Change Date:2021-04-28,Number Of Units In Community:1,Transaction Broker Compensation:3%,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:307.61,

  • Price $299,000.00
  • Price Change: 2021-03-10
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1965
  • Waterfront
  • View
  • Pool Yes
  • Style Attached
  • Construction Concrete Block With Brick
  • Parking Description
  • Flooring Type Ceramic Floor
  • Property Type Residential Income
  • Status Pending
  • Listed 2021-03-10
  • Days on Market 95
  • Furnished
  • City Dania Beach
  • Zip 33004
  • State Florida
  • Subdivision TOWN OF DANIA
  • Development Name TOWN OF DANIA, Town Of Dania
  • HOA Fees
  • Taxes 3810
  • Taxes Year 2020