3294-60 SW. 44th St. consists of two well maintained contiguous duplexes with each building containing 2 (2/1) 828 SF apartments which are rented below market on a month-to-month basis with rents ranging between $1350-$1800 per month. The market for the subject property reflects $2300 per month. The 2 properties sit on a 14,944 square-foot lot where each of the units has a private yard. Parking: each unit has 2 parking spaces.
The units themselves are in good condition. Upgrades include new floors and new kitchens.
3294 SW. 44th St. has completed the reroof in February 2023.
New residential development is searching in the subject property neighborhood with new homes and townhouses lending credibility to the desirability of the area.
Offering: Two contiguous duplexes comprising four (4) 2-bedroom, 1-bath units
Total Units: 4
Unit Size: Approx. 828 SF each. Washer/Dryer hookup for each apartment
Lot Size: 14,944 SF
Zoning: R-3 Multifamily Residential
Parking: 2 spaces per unit
Current Rents: $1,350 - $1,800/month (Month-to-Month)
Market Rent Potential: Up to $2,300/month per unit
Recent Improvements: New roof (2023), new floors, upgraded kitchens and bathroom
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Investment Highlights
• Value-Add Opportunity: Current rents are well below market; potential to increase revenue by over 40% with strategic lease-ups.
• Strong Physical Condition: Recent renovations and a reroof completed in February 2023 at 3294 SW 44th St.
• Outdoor Features: All units include private fenced yards, enhancing tenant appeal and lifestyle.
• Convenient Parking: 8 total dedicated spaces (2 per unit) provide strong tenant satisfaction.
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Location Advantages
• Proximity to Key Hubs: Minutes from Fort Lauderdale-Hollywood International Airport, Dania Pointe lifestyle center, Tri-Rail station, and I-95.
• Neighborhood Momentum: The surrounding area is experiencing a wave of new residential development including townhomes and infill single-family homes.
• Desirable Demographics: Dania Beach continues to attract renters due to its central location, affordability, and accessibility to job centers.
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Financial Snapshot
Unit Count Current Rent Range Market Rent Gross Income Potential
4 Units $1,350 - $1,800 $2,300 $110,400/year