1450-1470 SW 2nd Avenue — Sale in Dania Beach, FL
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Dania Beach, FL 33004
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Investment Figures
- Cap rate
- 5.32%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
The 1450 and 1470 SW 2nd Avenue duplexes are located in Dania Beach, several blocks west of US-1 and just north of Sheridan Street. Each building has a two-bedroom apartment at around 1,000 SF and a three bedroom apartment with about 1,146 SF. The property was developed in 1980 and is built with concrete block construction. The units have central air conditioning & heat, individual hot water heaters and several units have washer and dryers in the units. The tenants are responsible for the electricity and owners pay for water/sewer. The trash removal is included in the property taxes. The property is in an excellent location in Dania Beach which is located in Southeast Broward County. 1450 & 1470 SW 2nd Avenue is a block west of US-1 and east of the Oakwood Plaza whish is made up of 900,000 SF of retail space and includes Home Depot, BJ, Dick’s, Dave & Busters, Marshalls, and many more stores and restaurants. Just north of the Oakwood Plaza is Dania Point, a newly developed open-air mixed-use lifestyle center with 750,000 SF of retail space, 950 hotel rooms, Office Space and entertainment areas. Dania Beach is also just south of the Fort Lauderdale/Hollywood International Airport and Port Everglades, which are two of the largest employment centers in Broward County. The subject property has ample off-street parking for the apartments, private fenced yard and ample green space. The units are currently rented below market, and an investor has the opportunity to increase the rental income by bringing the rents up to market. Investment Highlights: • Excellent Dania Beach location near US-1 • Close to major employment centers • Near shopping, restaurants and entertainment • Attractive unit mix of 2 & 3-bedroom apartments • Central air-conditioning & heat • Select units have washer and dryers
Market Context
This multifamily in Dania Beach, FL is listed for sale. It is offered at an approximate 5.3% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Dania Beach, FL — view the full market.
As of Q4 2025, the Fort Lauderdale multifamily market showed a 5.1% vacancy rate, and average asking rents near $2414.00/unit/mo. Source: multiple brokerage reports, Q4 2025.
Tight vacancy keeps competition for quality space elevated.
Multifamily market FAQ
- Is the Fort Lauderdale multifamily market tightening or softening?
- Vacancy is around 5.1% (Q4 2025).
Contact
- Evan Kristol · (954) 245-3459 · evan.kristol@marcusmillichap.com
- Felipe Echarte · (954) 245-3444 · felipe.echarte@marcusmillichap.com
- Austin Michels · (954) 245-3439 · austin.michels@marcusmillichap.com
Explore this market
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