4850 SW 26th Ave

Short-Term Rental (STR) / Vacation Rental repositioning thesis. Dania Beach is an ideal location for STRs given its proximity to Fort Lauderdale Hollywood International Airport (FLL), Port Everglades cruise terminals, Dania Pointe, and the beach. The Repositioning Strategy 1. Unit Mix Leverage: ○ 4x (1 Bed / 1 Bath): Ideal for solo business travelers, airport layovers, and couples. ○ 2x (2 Bed / 1 Bath): Ideal for small families, cruise vacationers, and group travelers. 2. Lot Size Opportunity (0.28 Acres / 12,000 sq ft): Ample outdoor space to add shared guest amenities (heated plunge pool, lounge area, BBQ station, electric vehicle chargers) that push Average Daily Rates (ADR) into top-tier market percentiles. Financial Assumptions for the STR Pro Forma 1. Revenue Drivers ● Conservative STR: 72% average annual occupancy (high season ~85–90%, low season ~55–60%). ○ 4x 1/1s: $150/night $\times$ 365 days $\times$ 0.72 = $39,420/yr per unit. ○ 2x 2/1s: $225/night $\times$ 365 days $\times$ 0.72 = $59,130/yr per unit. ● Max Optimized STR: Higher ADRs driven by professional design, pool/amenity additions, and dynamic pricing tools (Price Labs/Wheelhouse). ○ Includes ~$6,000/year in ancillary income (pet fees, early check-in/late check-out fees, laundry).