Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1964
Sq.Footage
2,690
213 SE Park Street presents a compelling Mid-Core investment opportunity in eastern Broward County's evolving infill market. The six-unit property features four 1BR/1BA apartments and two studios on an approximately 11,658-SF corner parcel. Located within the EDBB-MU East Dania Beach Boulevard Mixed-Use District, the asset offers current income with longer-term repositioning potential as redevelopment continues along the Federal Highway corridor. Minutes from the beach, FLL Airport, I-95, employment centers, retail, dining and Downtown Fort Lauderdale, the property combines accessibility, coastal proximity and increasingly scarce developable land. **Download the OM for all details. *$110,400 PGI; *$52,678 Exp (Stepped- up Taxes); *$52,202 NOI EXECUTIVE SUMMARY | 213 SE PARK STREET | DANIA BEACH INCOME TODAY. POSITIONED FOR TOMORROW. 213 SE Park Street presents a compelling Mid-Core investment opportunity in one of eastern Broward County's evolving infill markets. The six-unit residential income property consists of four 1-bedroom/1-bath apartments and two studio units situated on an approximately 11,658-square-foot corner parcel. The asset provides an investor with the opportunity to acquire an established income-producing property while maintaining meaningful flexibility for future repositioning. The property is located within the EDBB-MU — East Dania Beach Boulevard Mixed-Use District, an important consideration as investment and redevelopment continue to reshape the corridors surrounding Federal Highway. The City's long-term redevelopment planning has specifically recognized the area around SE Park Street and east of Federal Highway as part of the broader redevelopment framework, including opportunities for mixed-use and commercial redevelopment along the Federal Highway corridor. 213 SE Park Street is also minutes from the beach, Fort Lauderdale-Hollywood International Airport, I-95, major employment centers, retail, dining and entertainment and downtown Fort Lauderdale. This combination of accessibility, coastal proximity and limited developable land strengthens the long-term investment thesis.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Wall/Window Unit(s)
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Block
-
Other Exterior Features
Other
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.27
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$1,275,000
-
Tax Amount
$19,334.49
-
Sq. Footage
2,690
-
Price/SqFt
$473
HOA
-
Association
No
School District
-
Elementary School
Dania
-
Middle School
Olsen
-
High School
South Broward
Property Features
-
Stories
1
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Broward
Elementary School
Dania
Middle School
Olsen
High School
South Broward
Listing Courtesy of Peter Dacko III, Media Realty
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