Log In/Sign Up
Your email has been sent.
324 NW 3rd St 324 NW 3rd St 8 Unit Apartment Building $1,400,000 ($175,000/Unit) Hallandale Beach, FL 33009
Investment Highlights
- The building has been fully renovated and is 100% occupied
- Features upgraded interiors, modern kitchens,and updated fixtures throughout.
- Providing investors with immediate and stable cash flow
Executive Summary
324 NW 3rd Street in Hallandale Beach, FL offers a turnkey investment opportunity in one
of South Florida’s fastest-growing rental markets. The building has been fully renovated
and is 100% occupied, providing investors with immediate and stable cash flow.
The property generates a gross annual income of approximately $163,200 and features
upgraded interiors, modern kitchens, and updated fixtures throughout. With no deferred
maintenance and strong in-place rents, this asset is well-positioned for both steady income
and long-term appreciation.
Located minutes from Gulfstream Park, Hallandale Beach, Aventura, and major transit
corridors, the property benefits from strong tenant demand and ongoing neighborhood
redevelopment. 324 NW 3rd Street presents a rare opportunity to acquire a stabilized,
cash-flowing multifamily asset in the rapidly improving Hallandale Beach area
of South Florida’s fastest-growing rental markets. The building has been fully renovated
and is 100% occupied, providing investors with immediate and stable cash flow.
The property generates a gross annual income of approximately $163,200 and features
upgraded interiors, modern kitchens, and updated fixtures throughout. With no deferred
maintenance and strong in-place rents, this asset is well-positioned for both steady income
and long-term appreciation.
Located minutes from Gulfstream Park, Hallandale Beach, Aventura, and major transit
corridors, the property benefits from strong tenant demand and ongoing neighborhood
redevelopment. 324 NW 3rd Street presents a rare opportunity to acquire a stabilized,
cash-flowing multifamily asset in the rapidly improving Hallandale Beach area
Property Facts
| Price | $1,400,000 | Building Class | C |
| Price Per Unit | $175,000 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 4,976 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 2/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RD-12 - Multifamily | ||
| Price | $1,400,000 |
| Price Per Unit | $175,000 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,976 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 2/1,000 SF |
| Zoning | RD-12 - Multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Refrigerator
- Oven
- Dining Room
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | - | 625 |
1 1
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (75)
Property Taxes
| Parcel Number | 51-42-21-10-0010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,016,050 |
Property Taxes
Parcel Number
51-42-21-10-0010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,016,050
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
324 NW 3rd St | 324 NW 3rd St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.