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    Hallandale Beach Duplex Investment Title is generated by Realmo AI

    117 SW 1st Avenue, Hallandale Beach, FL 33009

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    For Sale
    $790,000

    MULTI_FAMILY - Hallandale Beach, FL

    Property size:
    3,612 SF
    Price / SF:
    $218/SF
    Added:
    Dec 10, 2025
    Days on Market:
    184
    Last Refresh:
    Jun 12 at 3:06 am

    Property Features for 117 SW 1st Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RS-6
    Bedrooms
    5
    Rooms
    Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 4, Bedroom 5, Bedroom 4
    Patio and Porch features
    Porch
    Standard status
    Active
    APN
    514228022020
    Size
    3,612 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    TOWN OF HALLANDALE B-13 D LOT 14,BLK 30 AND LOT 15 LESS S 40 OF W 100,BLK 30
    Tax Annual Amount
    8821

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air
    Water source
    Public

    Building Details

    Year built
    1959
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile
    Building materials
    CBS
    Roof type
    Shingle, Composition

    We can help!

    Listing Contact
    Michelle A Morrison PA

    Listing agent Michelle A Morrison PA License #673579

    Listing office LoKation 1500 E Atlantic Blvd. The K. Co. Building, Pompano Beach, FL

    Listing date Dec 10, 2025

    MLS# F10540736 Listing URL

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

    HighLights

    • Spacious duplex with two separate buildings on one lot, currently operating as a group home
    • Main home: 3 bedrooms and 2 bathrooms; second building: 2 bedrooms and 2 bathrooms
    • Main building roof under 2 years old; second building roof under 1 year old
    • Propane‑powered Generac home generator provides backup power
    • Central heating and central air, with tile flooring throughout
    • Public water and public sewer; smoke alarms connected directly to the city

    Overview

    This property presents a fantastic investment opportunity, featuring a spacious duplex with two separate buildings situated on a single lot. The main residence includes 3 bedrooms and 2 bathrooms, while the second building offers 2 bedrooms and 2 bathrooms, providing flexible living arrangements and strong rental potential. The main building's roof is less than 2 years old, and the second building's roof is less than 1 year old. A Generac home generator, powered by propane, ensures reliable backup power. Currently operating as a group home, the property includes smoke alarms connected directly to the city for enhanced safety and compliance. The property is well-maintained, income-producing, and ideal for investors seeking a turnkey property with long-term value. The property is located in Hallandale Beach, Florida, in Broward County, and has a lot size of 3612 square feet. The zoning is RS-6.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $91.0k $25.20
    − Vacancy −$5.0k −$1.39
    EGI $86.0k $23.81
    − OpEx −$25.8k −$7.14
    NOI $60.2k $16.67
    3,612 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $860.2K
    $752.6K – $1.00M (±1% cap)
    NOI $60,211 @ 7.0% cap · market cap 7.62%
    Second Best
    Apartment 5plus
    $793.6K
    $694.4K – $925.8K (±1% cap)
    NOI $55,550 @ 7.0% cap · market cap 7.03%
    Theoretical Best
    Office A
    $1.83M
    $1.60M – $2.14M (±1% cap)
    NOI $128,276 @ 7.0% cap · market cap 16.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Hallandale Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.149005
    Latitude
    25.984114

    FAQs

    What type of property is this?
    Duplex - Spacious duplex with strong rental potential in Hallandale Beach.
    Where is this duplex located?
    The property is located at 117 SW 1st Avenue Hallandale Beach, FL.
    What is the asking price?
    The asking price for this property is $790,000.
    What are key features of this property?
    This property features: Spacious duplex with two separate buildings on one lot, currently operating as a group home; Main home: 3 bedrooms and 2 bathrooms; second building: 2 bedrooms and 2 bathrooms; Main building roof under 2 years old; second building roof under 1 year old
    More about this property
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