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.
Organic Rent Growth: Upside is driven by lease rollover — not construction risk. Interiors are already renovated; the operational lever is patient mark-to-market over a 12–24 month window.
Monthly Upside: $850 Monthly Upside.
Annualized Upside: $9.9k Annualized Upside.
Blended Market to Market: ±11.5% Blended Market to Market.