Hidden Gem

$780,000
6
4
3,000
sq. ft.
$260
per sq ft
Heated sq ft: 2,580 sq ft
Avg Nightly Rate:
Home Legally Sleeps: 0
Occupancy Rate: 0 weeks
Annual Gross Income : Inquire
Annual Net Operating Income : Inquire
Property Type: Multi-Unit Property (B&B)
Ownership Type: Full (100%)
Seasoned Short Term Rental: No
Furnishings Included: Yes
For Sale By: Owner
Seller Financing: Will Consider
Niche: Pet Friendly
New Construction: Inquire
Days on Vrolio: 623

Property Description

Hidden Gem, Location is "Top Notch" for all investors ! Highly desirable East of U.S. 1 in Dania Beach FL. 1 mile to the beach, 5 min to Ft.Lauderdale Airport, FLL. it's special mixed use Zoning gives you piece of mind just in case, Short term rentals becomes restricted In the U.S. future.( hope not, but you never know) Super Large Duplex all under 1 roof, 3 furnished apt.and 1 big - 2 bedroom not furnished. All units are tiled, Central A/C, Newer roof, very low maintenance building and yard. 10 min to mow it all. Or $20 bucks for someone to mow it. It is all fenced in, Working on Large 2 bed unit, really nice, is ready for a beachy themed STR / Vacation Rental that will sleep 8 comfortably @ $190 - $290 per night. Not including ( other, booking, tax, cleaning fees, per person fees etc) Property has 20 year proven Long term rental history. Generating $8,000 monthly. Investors have the potential to at least double that with vacation rentals. Owners are Open to creative financing.

Presented by:
Owner:
brigitte rockman
Seller Financing
Will Consider
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 0
Low: 0
Peak: 0
Special Event: 0
Avarage: 0.00
Furniture Age
1
Est Value of Furnishings
$6,000
Peak & High Seasons
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Retiring.
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
Inquire
Net Operating Income
Inquire
Stories
1
Additional Indoor Rooms
Living Room, Multiple Master Suites
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Garbage Disposal, Microwave, Oven, Refrigerator, Washer, Other
Heating/Cooling
Central A/C (gas or electric)
Floor Coverings
Tile
Security
No
Security Description
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Attic air barriers, Duct Sealing, Energy Efficient Insulation
Year built
1972
Outdoor Features
Fenced/Gated Yard, Garden, Other
View
City, Other
Backyard Exposure
East
Lot Size
6,103
Community Features
Other
Tax Amount/Year
$4,900
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Other
Mandatory HOA
Inquire
Home Legally Sleeps:
0
Onsite Parking
9
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
$0.07
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
No
Established Rental History
Inquire
Occupancy Rate
0
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Inquire
Managed By
Inquire
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Property has never had any paid bookings on the home becase The home has been used as a long-term rental
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Inquire
Manager Cancellation Policy
 
  •  
Credit Card Fee
Inquire
Cleaning Fee
Inquire
Licesnes & Permits (Annual)
$46.00
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
$20.00
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$3,500.00
Water/Sewer (Annual)
$2,400.00
Cable/Interbet (Annual)
$1,200.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$4,900.00
Homeowner's Insurance (Annual)
$6,000.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
Total Capital Investment

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Income
Average Nightly Rent

Weekly Rent

Potential Annual Rent

Weeks Rented (of 52)

Additional Net Revenue Streams

Effective Gross Revenue

Effective Gross Rent

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Variable Expenses (Annual)
Management Rental Commission (%)

Management Rental Commission Annually ($)

Credit Card Fee (%)

Credit Card Fee Annually ($)

Cleaning Fee ($ per rented wk)

Cleaning Fees Annually

Booking Site Service Fees (%)

Booking Site Service Fees ($)

Management Fee ($ per mo)

Management Fee Annually

Additional Nightly Insurance Policy ($ per night)

Additional Nightly Insurance Policy Annually

Sales, Bed, Resort, Tourist Tax (%)

Sales, Bed, Resort, Tourist Tax Annually ($)

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Fixed Expenses (Annual)
Annual Permits/Licences

Advertising & Tech Costs

Yard and Pest Control

Pool Maintenance

Electricity

Water/Sewer

Cable/Internet

Accounting

Property Taxes

Homeowner's Insurance

Short Term Rental Insurance Rider

CDD fee

Annual Homeowners Association Dues

Additional Membership Fees

Maintenance Reserves/Supplies

Other

Fixed & Variable Expenses

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Loan
Down Payment (%)

Down Payment (Capital Investment)

Loan Amount

Interest Rate

Amortization (Loan Years)

Monthly Payment

Annual Debt Service

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Returns
Average Monthly Cash Flow

Annual Cash Flow

Cash-on-Cash Return

Annual Occupancy to Break Even

Break-Even Occupancy (Weeks)

Net Operating Income (NOI)

Cap Rate (ROI)

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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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