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32814512
32814511

26 Southeast 13th Terrace, Dania Beach, FL 33004

EL
FL SL3600080
Matthews
GP
SL3492043
Matthews
Listed by Matthews
$1,475,000
15 days on market
Updated 15 days ago

26 Southeast 13th Terrace

Details
Property Type Retail
Square Footage 2,524
Units 7
Cap Rate 4.95%
NOI $72,796
Occupancy 100%
Tenancy Multi
Price per SqFt $584
Year Built 1950
Ground Lease No

Fully Occupied Coastal Multifamily with Built-In $10K Annual Upside

Investment highlights

• Renovated Interiors - Units have been updated inside, giving a new owner a clean, move-in ready asset without the immediate capital outlay of a renovation play.

• Balanced Unit Mix - 4 studios and 3 one-bedrooms ranging from approximately 300 to 550 SF. Broad renter appeal, low rollover risk, and steady cash flow across market cycles.

• 100% Occupied | Day-One Income - All 7 units are leased and occupied. In-place rents are $10,025/month — $120,300 annually — with zero lease-up risk at close.

• Concrete Block Construction - Built to last. Concrete block construction means lower maintenance costs and better resilience in a hurricane market — exactly what long-term hold investors want to see.

• East of Federal A hard-to-find location east of US-1 in Dania Beach — one of Broward's most in-demand rental pockets with coastal proximity, tight vacancy, and consistent tenant demand.

• Rental Upside Still on the Table Most units are sitting below market. Bringing rents to market-rate ($1,400 studios / $1,750 one-bedrooms) adds $825/month — nearly $10,000 a year in additional income as leases naturally roll.

Listing Contacts

EL
FL SL3600080
Matthews
GP
SL3492043
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,796.00
$6,066.33/mo

Valuation Metrics

0
DSCR
4.94%
Cap Rate
4.94%
ROI

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Additional Information

Name
Kyle Matthews
License
BK3554632, CQ1066435 (FL)
Brokerage
Matthews Real Estate Investment Services, Inc
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
Name
Erik Leon
License
SL3600080
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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