326 6 St, Hallandale Beach, FL 33009

6 Unit Apartment Building | $1,250,000 ($208,333/Unit) | 7.04% Cap Rate | Hallandale Beach, FL 33009

Asking Price $1,250,000

Property Type
Multifamily
Square Feet
2,843 SF

Listing Contacts

Elior Levi
Carlos Fausto Miranda

Property Overview

We are pleased to present 322 & 326 NE 6th St, a prime 6-unit property in the heart of Hallandale Beach right off of US-1. Consisting of six well-maintained units, four of which are 1 bed/1 bath units, and two are studio units.. Equipped with separate electric meters, impact windows, and the added convenience of coin laundry for extra income. Minutes away from Gulfstream Park, Aventura Mall, the New Hallandale Shopping Center, and pristine beaches, this property offers both convenience and lifestyle. The property holds the potential for an income exceeding $117,000 when rents are adjusted to market rates. More than 8 parking spaces, ensuring convenience for residents. Central RAC zoning.

Property Details

Class
C
Year Built
1954
Stories
1
Lot Size (sq. ft)
9,583 SF
Units
6

Highlights

  • Unit Mix of Four 1 Bed/Bath Units and Two Studio Units
  • Renovated Interiors, Impact Windows/Doors, Individual Electric Meters, Two Water Meters, Coin Laundry Room
  • Minutes away from Gulfstream Park, Aventura Mall, New Hallandale Shopping Centers & Beaches
  • Potential revenue of $117,000 in Annual Gross Rental Income when raising to market rents
  • Plenty of Parking (more than 7 Spaces)
  • Central RAC Zoning Allowing for redevelopment of 50 Units per Acre

FAQ

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