Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Pets: | No Pets Allowed |
Financials
Price:$2,300,000
Annual Taxes:$39,945
Listing Courtesy of Fausto Commercial Realty Consultants Inc
Exceptional value add multifamily opportunity in a prime Hallandale Beach location, right off US 1.
Description
Exceptional value-add multifamily opportunity in a prime Hallandale Beach location, right off US-1. Located at 700 NE 6th St, this 13-unit property includes 11 studio apartments, one 2BD/1BA, and one 1BD/1BA, with several units already updated and renovated on the interiors. Additional vacant units are currently under construction, allowing an investor to complete renovations to their standards and quickly elevate rents and overall NOI. The asset offers a strong pro forma gross income of $246,000 annually and sits in a rapidly improving corridor just minutes from major demand drivers—4 minutes to Gulfstream Park, 6 minutes to Hollywood Beach, 8 minutes to Aventura Mall, 10 minutes to I-95, and 15 minutes to Fort Lauderdale–Hollywood International Airport—ensuring exceptional accessibility and sustained rental demand.
Neighborhood
More listings:
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
