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    The Largest CRE Database in the US with Over 1 Million Listings

    806 NE 6Th St Golden Isles, FL 33009

    Sponsored
    For Sale
    $1,800,000

    Fourplex, Quadruplex - Hallandale Beach, FL

    Type:Quadruplex
    Property size:
    5,260 SF
    Lot size:
    0.30 Acres
    Days on Market:
    6
    Last Refresh:
    Jan 26 at 5:06 pm

    Property Features for 806 NE 6Th St

    General Information

    Property type
    Residential
    Property subtype
    Quadruplex
    Standard status
    Active
    Zoning
    RD-12
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    8
    APN
    514222132321
    Parking
    12
    Size
    5,260 SF
    Lot size
    0.30 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1992
    Flooring type
    Tile, Vinyl
    Building materials
    Block
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Dylan Vega
    Dylan Vega

    Optimar Realty Group LLC (305) 947-0477

    Listing agent Dylan Vega (305) 947-0477 License #3279843

    Listing date Jan 21, 2026

    MLS# A11949776 Listing URL

    Copyright © 2026 Miami Association of REALTORS®. 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 Investment Opportunity

    This exceptional investment opportunity is located in East Hallandale Beach, east of US-1 and minutes from the beach. This rare package deal features two duplex properties being sold together, situated across the street from one another. The properties are ideal for short-term rentals or generating long-term income. One property offers approximately 3,300 square feet of living space with a pool and two spacious units, including a 2-bedroom, 3-bathroom unit and a 2-bedroom, 2-bathroom unit. Both units have private attached garage spaces currently in the process of conversion to additional bedrooms, offering the potential to increase to four units with separate entrances. It features separate water and electric meters, sliders from both units leading directly to the pool, and ample parking. The other property features two fully updated units, including a 2-bedroom, 2-bathroom unit and a 2-bedroom, 1-bathroom unit with modern finishes throughout. Both duplexes offer on-site laundry, abundant parking, and brand new metal roofs. The combined land area is 13,124 square feet. The properties offer strong income potential with excellent Airbnb appeal in a high-demand coastal location and must be sold together.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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

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    FAQs

    What type of property is this?
    Multifamily property - Two duplexes near the beach, ideal for short-term or long-term rentals.
    Where is this multifamily property located?
    The property is located at 806 NE 6Th St Golden Isles, FL.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - Rare package deal: Two duplex properties sold together in East Hallandale Beach, east of US-1 and minutes from the beach.; - Strong income potential: Ideal for short-term (Airbnb) or long-term rental income in a high-demand coastal location.; - 806 offers potential to convert attached garages into additional bedrooms, increasing to four units with separate entrances.
    (305) 947-0477
    Request Owner's contact information
    806 NE 6Th St Golden Isles, FL 33009
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    Golden Isles, FL 33009
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    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
    806 NE 6Th St Golden Isles, FL 33009
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    We can help!
    Listing Contact
    Dylan Vega
    Dylan Vega
    Real Estate License ID: 3279843
    (305) 947-0477
    Learn more
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