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700 NE 6th St Hallandale Beach FL 700 NE 6th St 13 Unit Apartment Building $2,135,000 ($164,231/Unit) 6.84% Cap Rate Hallandale Beach, FL 33009

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INVESTMENT HIGHLIGHTS

Near the Beach
EAST OF US-1

Near Hallandale Beach Blvd, Gulfstream, and Aventura Mall
5-MINUTES TO I-95

EXECUTIVE SUMMARY

LOCATION LOCATION !!! 13 units Income Producing Property located IN HALLANDALE BEACH BLVD. 100% rented month to month. Located off of US-1 and hallandale beach blvd, minutes from gulf-stream park & casino, beaches, highways and more. A great Add Value property with rentals under market. Current Total Gross Income is around $18,000.00/MO. FOR MORE INFO CONTACT LISTING AGENT.

FINANCIAL SUMMARY (ACTUAL - 2023)	ANNUAL	ANNUAL PER SF
Gross Rental Income	$254,000	$59.29
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$254,000	$59.29
Taxes	$25,400	$5.93
Operating Expenses	$37,200	$8.68
Total Expenses	$62,600	$14.61
Net Operating Income	$191,400	$44.68

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income
Annual	$254,000
Annual Per SF	$59.29

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$254,000
Annual Per SF	$59.29

Taxes
Annual	$25,400
Annual Per SF	$5.93

Operating Expenses
Annual	$37,200
Annual Per SF	$8.68

Total Expenses
Annual	$62,600
Annual Per SF	$14.61

Net Operating Income
Annual	$191,400
Annual Per SF	$44.68

PROPERTY FACTS

Price	$2,135,000	Building Class	C
Price Per Unit	$164,231	Lot Size	0.20 AC
Sale Type	Investment	Building Size	4,284 SF
Cap Rate	6.84%	Average Occupancy	95%
No. Units	13	No. Stories	1
Property Type	Multifamily	Year Built	1958
Property Subtype	Apartment	Parking Ratio	1.87/1,000 SF
Apartment Style	Low-Rise
Zoning	RD-12 - MULTIFAMILY 10+ UNITS

Price	$2,135,000
Price Per Unit	$164,231
Sale Type	Investment
Cap Rate	6.84%
No. Units	13
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.20 AC
Building Size	4,284 SF
Average Occupancy	95%
No. Stories	1
Year Built	1958
Parking Ratio	1.87/1,000 SF
Zoning	RD-12 - MULTIFAMILY 10+ UNITS

UNIT AMENITIES

Air Conditioning

Cable Ready

Heating

Refrigerator

SITE AMENITIES

24 Hour Access

Courtyard

UNIT MIX INFORMATION

DESCRIPTION	NO. UNITS	AVG. RENT/MO	SF
Studios	10	$1,400	534
1+1	2	$1,800	736
2+1	1	$2,400	1,055

1 1

Walk Score®

Very Walkable (83)

Bike Score®

Very Bikeable (76)

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, Transit Score® & Bike Score?

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PROPERTY TAXES

Parcel Number	51-42-22-13-0520	Total Assessment	$1,713,500 (2025)
Land Assessment	$87,420 (2025)	Annual Taxes	$25,400 ($5.93/SF)
Improvements Assessment	$1,626,080 (2025)	Tax Year	2023