March 30, 2023 – Travis Jones and Hernando Perez of Horvath & Tremblay have arranged the sale of the Hayes Street Apartments, an eleven (11) unit multi-family property in Dania Beach, Florida. Horvath & Tremblay represented the seller to complete the transaction at a sale price of $1,100,000.
25 SW 10th Street in Dania Beach, Florida is operating as an eleven (11) unit traditional multifamily rental investment consisting of five buildings with an attractive unit mix comprised of eight (8) Studio units, one (1), Efficiency unit, one (1) 1-Bedroom/1-Bathroom unit, and one (1) 2-Bedroom/1-Bathroom unit in 3,351 square feet living area on a 0.37-acre lot. The Property includes off-street parking for eighteen vehicles. 25 SW 10th Street is a stable asset that is currently 100% occupied with long term tenants. Units offer fully equipped kitchens and have wall or window A/C units. The Property is situated on 0.37-acres and is zoned SFED-MU (South Federal Mixed Use). 25 SW 10th Street is situated just off US Route 1 (S Federal Highway), and is close to Sheridan Street, the area’s primary east-west corridor. The Property enjoys close proximity to the Hollywood/Fort Lauderdale International Airport, Dania Pointe, Port Everglades, the World-Famous Hollywood Beach Boardwalk, the Seminole Hard Rock Hotel, with ease of access to restaurants, shopping, public transportation and major roads including A1A, Hollywood Blvd., Stirling Rd., Griffin Rd., the Florida Tpk., I- 95, and I-595. Dania Beach features a very strong rental market with excellent proximity to Fort Lauderdale and Miami and numerous prominent area employers and attractions creating high demand and low vacancy.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in New England. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.