Updated Hallandale Beach
For Sale
$117,000
1015 SW 11th Ave 14K, Hallandale Beach, FL 33009
Updated, furnished Hallandale Beach condo with lake views.
Property Size625 SF
Days on Market324
Property Features for 1015 SW 11th Ave 14K
General Information
Standard status
Active
Size
625 SF
Property subtype
Residential
Taxes and HOA fees
Annual Taxes
$1,836
Building Details
Building Size
625 SF
Year Built
1962
Listed By:
Genevieve Bouchard · License #3185097
(754) 244-2884
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 7
Last Checked: Oct 16 at 9:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Genevieve Bouchard
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Investment Insights
Based on property information with market context.
This updated, furnished unit, located on the second floor, offers 625 square feet of living space. The property features tile and vinyl flooring throughout, a split A/C unit, and modern interior doors. The community provides amenities such as a BBQ area, heated pool, shuffleboard, billiards, and an activities room, all within a well-maintained and quiet environment. The unit is suitable as a primary residence or a second winter home. It is centrally located in Hallandale Beach, with proximity to I-95, Gulfstream Park & Casino, shops, restaurants, and Aventura Hospital.
Key Highlights
- Furnished/Turnkey & Move‑In Ready
- Low HOA fees
- Lake Views from Bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,612
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$192,240
$192.2K
Cap Rate 7%
$137,314
$137.3K
Cap Rate 9%
$106,800
$106.8K
Market Conditions
NOI Build-Up for 625 SF
Gross rent
$18.3K $29.28/SF
− Vacancy
−$824 −$1.32/SF
EGI
$17.5K $27.96/SF
− OpEx
−$7.9K −$12.58/SF
NOI
$9.6K $15.38/SF
Area
Broward County, FL
Vacancy
4.50%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$192,240
Cap Rate 7%
$137,314
Cap Rate 9%
$106,800
Alternative Uses
Best Use
Apartment 5plus
$137.3K
$120.2K – $160.2K
NOI $9,612 @ 7.0% cap · market cap 8.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$317.1K
$277.5K – $369.9K
NOI $22,196 @ 7.0% cap · market cap 18.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,533
Businesses Nearby
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Business Placement
Demographics for 33009, FL
43,301
Population
31,020
Households
1.4
Avg Household Size
47
Median Age
36%
College-Educated
88%
High-School Grad
4.9 sq mi
ZIP Area
8,837
Density / Sq Mi
$48,196
Median Household Income
$33,928
Median Earnings
$1,576
Median Rent
$248,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Updated, furnished Hallandale Beach condo with lake views.
Where is this apartment building located?
The property is located at 1015 SW 11th Ave 14K Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $117,000.
What are key features of this property?
This property features: Furnished/Turnkey & Move‑In Ready; Low HOA fees; Lake Views from Bedroom
