Quadplex with Private
1457 Atlantic Shores Blvd, Hallandale Beach, FL 33009
For Sale
$1,100,000
The four-unit property combines two studios with two one-bedroom, one-and-a-half-bath residences.
Property Size2,280 SF
Price / SF$482.46
Days on Market284
Property Features for 1457 Atlantic Shores Blvd
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Cash Flow in Miami Realty
Listed By:
Andrey Rossin · License #3069599
(786) 942-0502
Source:
Maggirealty
Added: Jan 27
Changed: Nov 6
Last Checked: Nov 6 at 3:01PM
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 Cash Flow in Miami Realty
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Investment Insights
Based on property information with market context.
This 2,280-square-foot quadplex, built in 1979, contains two studio apartments and two one-bedroom, one-and-a-half-bath units. Each residence has a private entrance and washer; one also has an in-unit dryer, while an additional dryer serves the property. Recent work includes a new roof, a new air-conditioning system and bathroom upgrades. The units are currently rented, with the studios on month-to-month arrangements and the two one-bedroom leases scheduled to end in June 2026 and September 2026.
The property is in Hallandale Beach, with Gulfstream Park, Aventura Mall, the beach, shopping, dining and major highways described as minutes away. There is no HOA.
The property is in Hallandale Beach, with Gulfstream Park, Aventura Mall, the beach, shopping, dining and major highways described as minutes away. There is no HOA.
Key Highlights
- Four units: two studios and two one‑bedroom, one‑and‑a‑half‑bath apartments
- 2,280 square feet; built in 1979
- Private entrance for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,007
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,140
$760.1K
Cap Rate 7%
$542,957
$543.0K
Cap Rate 9%
$422,300
$422.3K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$57.5K $25.20/SF
− Vacancy
−$3.2K −$1.39/SF
EGI
$54.3K $23.81/SF
− OpEx
−$16.3K −$7.14/SF
NOI
$38.0K $16.67/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,140
Cap Rate 7%
$542,957
Cap Rate 9%
$422,300
Alternative Uses
Best Use
Multifamily LT 5
$543.0K
$475.1K – $633.5K
NOI $38,007 @ 7.0% cap · market cap 3.46%
Second Best
Apartment 5plus
$500.9K
$438.3K – $584.4K
NOI $35,065 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $80,972 @ 7.0% cap · market cap 7.36%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,533
Businesses Nearby
Explore this area
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
$248,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in Broward County, FL
Properties on Market for Quadplexes in Broward County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - The four-unit property combines two studios with two one-bedroom, one-and-a-half-bath residences.
Where is this quadplex located?
The property is located at 1457 Atlantic Shores Blvd Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Four units: two studios and two one‑bedroom, one‑and‑a‑half‑bath apartments; 2,280 square feet; built in 1979; Private entrance for each residence
