Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1042 Foster Rd Golden Isles, FL 33009

    Sponsored
    For Sale
    $399,000

    Residential Income,Attached,Duplex - Hallandale Beach, FL

    Property size:
    973 SF
    Days on Market:
    17
    Last Refresh:
    Feb 5 at 4:06 am

    Property Features for 1042 Foster Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RD-12
    APN
    514221290160
    Parking
    2
    Size
    973 SF

    Utilities

    Cooling system
    Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1959
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Block, Concrete
    Architectural style
    Other

    We can help!

    Listing Contact
    Blake Jackson

    LoKation Real Estate (954) 545-5583

    Listing agent Blake Jackson (954) 545-5583 License #3372456

    Listing date Jan 20, 2026

    MLS# F10546012 Listing URL

    Copyright © 2026 BeachesMLS / Matrix. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Hallandale Beach Duplex Near I-95

    This duplex property is conveniently located near I-95. Each unit features 1 bedroom and 1 bathroom. The property has a new roof, new A/Cs, and new windows equipped with sliding hurricane shutters. Tile flooring is installed throughout both units. Each unit has separate electric and water meters. The property size is 973 square feet. The zoning is RD-12. The intended use is residential income. Both units can easily rent for $1500 per month. Unit #1 (door on left) is available for showings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Golden Isles
    County
    Broward
    State
    Florida
    Longitude
    -80.1469
    Latitude
    25.9859

    Nearby Similar for Sale

    • $815,000
      3,612 SF

      Hallandale Beach Income Property

      Spacious duplex with strong rental potential in Hallandale Beach.
      117 SW 1St Ave, Golden Isles, FL 33009
      View Details
    • $1,100,000
      3,144 SF

      Hallandale Beach Fourplex East of US-1

      Rare income property near Gulfstream Park and Aventura Mall.
      803 NE 8Th St, Golden Isles, FL 33009
      View Details
    • $925,000
      2,420 SF

      Hallandale Beach Fourplex For Sale

      Multifamily 4-plex with redevelopment potential in Hallandale Beach, FL.
      224 SE 9Th Ct, Golden Isles, FL 33009
      View Details
    • $5,239,000
      16,900 SF

      Industrial Manufacturing Property Near I-95

      16,900 SF industrial property with excellent access to transportation.
      2099 S Park Rd, Golden Isles, FL 33009
      View Details
    • $731,500
      111,756 SF

      Hallandale Beach Office Condominiums

      Class A office condos with city and ocean views.
      800 North Federal Hwy, Golden Isles, FL 33009
      View Details
    • $129,900

      Furnished Ground Floor Unit

      Move-in ready, furnished 2 bed, 1 bath ground floor unit.
      1000 SW 11Th Ave, Golden Isles, FL 33009
      View Details
    • $749,000

      Modern Duplex Built in 2020

      Turn-key, modern duplex with income potential near Hallandale Beach.
      219 NW 7Th Ct, Golden Isles, FL 33009
      View Details
    • $84,900

      Furnished Top Floor Lake View

      Turnkey top-floor condo with lake views in active 55+ community.
      925 SW 11Th Ave, Golden Isles, FL 33009
      View Details
    • $134,000

      Updated Corner Unit with Lake Views

      Updated 2-bedroom condo with lake views in 55+ community.
      1012 SW 11Th St, Golden Isles, FL 33009
      View Details
    • $699,000

      Boater's Paradise Villa with Dock

      Villa-condo with boat dock, ocean access, and rental potential.
      2667 S Parkview Dr, Golden Isles, FL 33009
      View Details
    • $415,000

      Beachwalk Resort Condo-Hotel Opportunity

      Versatile 2-bedroom condo with rental flexibility and resort amenities.
      2602 E Hallandale Beach Blvd, Golden Isles, FL 33009
      View Details
    • $75,000

      Hallandale Beach Furnished Condo

      Furnished, turnkey condo in active 55+ Hallandale Beach community.
      1000 SW 11Th St, Golden Isles, FL 33009
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex near I-95 with new roof and hurricane shutters.
    Where is this duplex located?
    The property is located at 1042 Foster Rd Golden Isles, FL.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - New Roof, A/Cs, and Windows offer significant savings and peace of mind.; - Excellent Rental Income Potential: Both units can easily rent for $1500/month.; - Convenient Location: Located next to I-95 for easy access.
    (954) 545-5583
    Request Owner's contact information
    1042 Foster Rd Golden Isles, FL 33009
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1042 Foster Rd
    Golden Isles, FL 33009
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1042 Foster Rd Golden Isles, FL 33009
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Blake Jackson
    Real Estate License ID: 3372456
    (954) 545-5583
    Learn more
    Google sign-in failed. Please try again or use another login method.