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701 NE 8th St
Hallandale Beach, FL 33009
Multifamily Property For Sale
·
10 Units
Investment Highlights
- Rare Opportunity To Acquire A Well-Maintained Multifamily Asset In The Heart Of Hallandale Beach - 40-Year Recertification Was Completed
- Property Features Strong Day 1 Cash Flow With The Ability To Further Increase Rents By Almost 11.63% With Little To No Capital Expenditures
- All Units Separately Metered For Electricity - Units Offer Central Air-Conditioning Throughout And Separate Hot Water Heaters
- Two-Story Garden Style Building Situated On Approximately 0.21 Acres Of Land
- Spacious Units All Featuring Tile Flooring, Stainless Steel Appliances, Premium Kitchen Cabinetry, Quartz Countertops, Updated Bathrooms, And More
- Prime Hallandale Beach Location Within Walking Distance To The Big Easy Casino, Restaurants, Retailers, Nightlife
Property Facts
| No. Units | 10 | Building Size | 6,044 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1973 |
| Building Class | C | Parking Ratio | 1.99/1,000 SF |
| Lot Size | 0.21 AC | ||
| Zoning | RD-12 - Residential Zoning | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 6,044 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 1.99/1,000 SF |
| Zoning | RD-12 - Residential Zoning |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | - | - |
Property Taxes
| Parcel Number | 51-42-22-13-1140 | Improvements Assessment | $1,313,530 |
| Land Assessment | $91,920 | Total Assessment | $1,405,450 |
Property Taxes
Parcel Number
51-42-22-13-1140
Land Assessment
$91,920
Improvements Assessment
$1,313,530
Total Assessment
$1,405,450
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