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701 SW 6 St Hallandale Beach, FL

For Sale
$1,800,000

Four houses on a 1-acre lot with development potential.

Property size:
3,955 SF
Lot size:
0.48 Acres

Property Features for 701 SW 6 St

General Information

Size
3,955 SF
Lot size
0.48 Acres

Source: Fausto Commercial Realty Agent Elior Levi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Unique Fourplex on Large Lot

This unique property features four houses situated on a 1-acre development site, consisting of two folios with addresses 701, 711, 721, and 721a SW 6th St. The property includes one 4-bed/2-bath house, two 3-bed/2-bath houses, and one 2-bed/1-bath house. Currently fully occupied, the property generates a gross annual income of just under $100k, with the potential to increase to $144k annually when rents are raised to market rates. Each house has plenty of parking and a large yard. Beyond being an income-producing asset, this lot offers the potential to build 14 new townhouses. The property is located minutes away from Gulfstream Park, Aventura Mall, shopping centers, and beaches.
Location Intelligence

Current Use by Public Records

Quadplexes

Map

City
Hallandale Beach
County
Broward
State
Florida
Longitude
-80.1469
Latitude
25.9859

FAQs

What type of property is this?
Quadplex - Four houses on a 1-acre lot with development potential.
Where is this quadplex located?
The property is located at 701 SW 6 St Hallandale Beach, 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: - Large 1-acre development site with potential to build 14 townhouses.; - Currently generates just under $100k gross annual income, with potential to increase to $144k.; - Features four separate houses: one 4 bed/2 bath, two 3 bed/2 bath, and one 2 bed/1 bath.
More about this property
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