Homes/Florida/Dania Beach/500 Northeast 2nd Street
CompCasa Property Analysis · condo

500 Northeast 2nd Street

Bright 2-Bed, 2-Bath Condo at Palm Village Club

Updated kitchen, community amenities and 1.5 miles to Dania Beach

2 beds2 baths933 sq ftBuilt 19760.0229 acresnone
CompCasa valuation analysis
Estimated market value
$240,000
Low $230,000 · Midpoint $240,000 · High $250,000
Confidence85%Sales comparison approach
Last recorded sale$240,000Aug 22, 2023
Assessed value$150,0002025 assessment
CompCasa estimate$240,000Jun 6, 2026
Estimate vs. last recorded sale+$0 / +0.0%
$230,000$240,000 midpoint$250,000
Price / sq ft$257
Median sale price$200,000
Avg days on market45 days
Inventory3 months

Sales comparison approach using recent sales within the same complex. Adjusted for unit size and condition.

About the property

Bright 2-Bed, 2-Bath Condo at Palm Village Club

This 933-square-foot, two-bedroom, two-bath condominium in Palm Village Club captures the practical Florida lifestyle: low-maintenance living, community amenities, and very short drives to the beach and downtown Dania. During a walk-through you notice durable tile floors underfoot, a compact but well-updated kitchen with newer appliances, and an open living area that makes everyday living easy and comfortable.

The primary bedroom includes an en-suite bath while the second bedroom and full bath provide flexibility for guests or a home office. Central air keeps the unit cool year-round and the concrete construction/flat roof reflects the building’s 1976 heritage—solid, straightforward, and efficient. One assigned parking space and convenient building access make errands and outings simple.

Palm Village Club’s shared facilities are a key part of the appeal: a swimming pool, fitness center, tennis courts and clubhouse give residents options for exercise and socializing without leaving the community. For buyers who value convenience, Dania Pointe is roughly a mile away for shopping and dining, Dania Beach is about 1.5 miles, and Fort Lauderdale-Hollywood International Airport sits 2.5 miles to the north—ideal for frequent travelers or short-term rental demand.

Financially this unit has recent sales history within the complex: a comparable unit sold in August 2023 for $240,000 (≈$257/sf), and valuation analysis places the property squarely in that neighborhood. Annual property taxes are listed near $3,000 (2025). The condo presents both an owner-occupied option and an attractive rental prospect—market rental estimates point to roughly $2,200/month for comparable two-bedroom units in the complex.

This is a practical, move-in-ready entry into Broward County coastal living: efficient interior updates, solid community amenities, and a location that balances beach access with retail and transit links. Buyers should review association rules and fees and consider noise exposure given proximity to major roads and the airport, but for many this unit delivers immediate lifestyle value and a clear pathway for rental or resale upside.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$240,000
Property address500 NE 2nd St #412, Dania Beach, FL 33004
2 bed2 bath933 sq ftBuilt 19750 mi$257/SF
Sold Aug 22, 2023
Subject difference
  • Same living area
  • 1 year older
Research comparison noteSame complex, similar unit size and condition
02Sold price$170,000
Property address500 NE 2nd St #104, Dania Beach, FL 33004
2 bed2 bath933 sq ftBuilt 19760 mi$182/SF
Sold Mar 21, 2022
Subject difference
  • Same living area
  • Same year built
Research comparison noteSame complex, similar unit size, sold a year prior
03Sold price$128,000
Property address500 NE 2nd St #407, Dania Beach, FL 33004
2 bed2 bath1,100 sq ftBuilt 19760 mi$116/SF
Sold Dec 22, 2015
Subject difference
  • 167 SF larger
  • Same year built
Research comparison noteSame complex, larger unit, older sale
Comp methodology: Comparable sales and leases were selected from the same complex to ensure relevance. Adjustments were made for unit size, condition, and time of sale or lease.
Property details

A 1976 condominium on 0.02 acres.

Building

Year built1976
ConstructionConcrete
RoofFlat
Heatingcentral
Coolingcentral

Site & utilities

Lot size0.0229 acres
Garagenone
Stories1
ConditionGood
BasementNone
FireplaceNo
Improvement notes2 bedrooms, 2 bathrooms, tile flooring, updated kitchen appliances
Lot area996 sq ft
TopographyLevel
ParkingAssigned
Parking spaces1
Parking notesOne assigned parking space
AccessStandard residential access from Northeast 2nd Street
WaterMunicipal
SewerMunicipal
ElectricFPL
GasNone
Location & nearby

Dania Beach

Researched nearby locations

Dania Beach (1.5 mi)
Fort Lauderdale-Hollywood International Airport (2.5 mi)
Dania Pointe Shopping Center (1 mi)

Location

500 Northeast 2nd Street, Dania Beach, Florida 33004

View in Google Maps
Editorial neighborhood context

Dania Beach offers an approachable coastal lifestyle with a strong mix of local amenities, retail, and easy access to the shoreline. Residents enjoy proximity to Dania Pointe’s shops and restaurants, quick drives to the beach, and a short commute to Fort Lauderdale-Hollywood International Airport. The community blends long-established neighborhood character with visitor-oriented services: cafes, seafood spots and weekly events are common. Schools in the area carry average public ratings, so many families look at private-school options. For buyers seeking convenience to coastal recreation and regional transit, this part of Dania Beach is highly practical.

Nearby access summary

Very good access to outdoor recreation: Dania Beach is about 1.5 miles away, community tennis courts and pool are on-site, Dania Pointe offers waterfront dining and shopping nearby, and regional coastal trails and parks are within short drives.

ElementaryCollins Elementary School (4/10)
Middle schoolOlsen Middle School (3/10)
High schoolSouth Broward High School (3/10)
School districtBroward County Public Schools
Market context

A factual market snapshot around 500 Northeast 2nd Street.

Median sale price$200,000
Avg days on market45 days
Inventory3 months
1-year appreciation5.0%
5-year appreciation20.0%
Editorial market perspective

The Dania Beach condo market is currently balanced, leaning modestly toward sellers in segments close to the beach. Local metrics show roughly 3 months of inventory and an average days-on-market near 45—conditions that support reasonably quick sales without the extreme bidding pressure of a hot market. Median sale price in the area sits around $200,000, with appreciation of about 5% over the last year and roughly 20% over five years, reflecting steady demand.

Condos in mid-century complexes like Palm Village Club perform well because of amenity packages and proximity to coastal recreation and shopping. Recent in-complex sales and leases suggest price-per-square-foot for two-bedroom units around $250–$260/sf and typical two-bedroom rents in the $1,800–$2,200 range, supporting short-term rental interest and buy-to-rent strategies. With inventory tight but not constrained, this is a reasonable time for buyers seeking value and investors targeting rental yield; sellers can expect interest but should market strategically to highlight community amenities and updated interiors. Verify HOA fees, rental rules, and any short-term rental restrictions before purchase.

Zoning & land use

Multiple-Family (25 du/ac) Residential District

Zoning

Zoning codeRM-2
DescriptionMultiple-Family (25 du/ac) Residential District
JurisdictionCity of Dania Beach
Assessor useCondominium
Current useResidential

Research-indicated uses

  • Multifamily Residential
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$15,000
Assessed improvements$135,000
Total assessed$150,000
Assessment year2025
Annual property tax$3,000
Tax year2025

Sale history

2023-08-22$240,000 · $257/SF
2022-12-15$140,000 · $150/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$1,650/mo
Property address500 NE 2nd St #107, Dania Beach, FL 33004
1 bed1 bath779 sq ft$2.12/SF
Leased Nov 20, 2023
Subject difference
  • 154 SF smaller
  • 1 fewer bedroom
  • 1 fewer bathroom
Research comparison noteSame complex, smaller unit, recent lease
02Monthly rent$1,800/mo
Property address500 NE 2nd St #206, Dania Beach, FL 33004
2 bed2 bath933 sq ft$1.93/SF
Leased Nov 27, 2021
Subject difference
  • Same living area
Research comparison noteSame complex, similar unit size, older lease
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Assessed value of $150,000 with annual taxes of $3,000
  • Last sold on August 22, 2023, for $240,000
  • Located in Palm Village Club community with multiple amenities
  • RM-2 zoning allows for multifamily residential use
  • Nearby schools have average ratings; private options may be considered

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm community association fees and regulations
  • Verify recent renovations and their impact on value
  • Assess noise levels due to proximity to airport
  • Review school district boundaries and ratings
  • Evaluate potential for rental income based on market demand
Highlights & features

What stands out about this property.

Interior Features

  • 933 sq ft: 2 bedrooms, 2 bathrooms
  • Tile flooring throughout
  • Updated kitchen appliances
  • Central air conditioning and heating
  • En-suite primary bathroom
  • Concrete construction and flat roof

Exterior & Lot

  • Assigned parking space (one)
  • Community swimming pool
  • On-site tennis courts
  • Clubhouse and fitness center
  • Lot size: 0.0229 acres
  • Level topography

Location & Neighborhood

  • Palm Village Club community
  • Dania Beach approximately 1.5 miles
  • Dania Pointe shopping & dining about 1 mile
  • Fort Lauderdale-Hollywood Intl. Airport ~2.5 miles
  • Miami-Fort Lauderdale-West Palm Beach MSA
  • Broward County jurisdiction

Walkability & Recreation

  • Walkability Rating: 65/100 — Some Walkable Amenities
  • Beaches and coastal recreation within 2 miles
  • Dania Pointe retail and restaurants ~1 mile
  • Nearby parks and neighborhood green spaces
  • Tennis courts and community pool on-site
  • Fitness center and clubhouse in community
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Realtor.com listing for 500 NE 2nd St #412View source
2
Redfin listing for 500 NE 2nd St #104View source
3
Redfin listing for 500 NE 2nd St #407View source
4
Realtor.com listing for 500 NE 2nd St #107View source
5
Realtor.com listing for 500 NE 2nd St #206View source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.