Two-Unit Residential
22 SW 7th St, Hallandale Beach, FL 33009
For Sale
New
$650,000
Residential Income, Hallandale Beach, FL
Property Size1,926 SF
Price / SF$337.49
Days on Market3
Property Features for 22 SW 7th St
General Information
Property type
Property subtype
Zoning description
Bedrooms
Full bathrooms
Rooms
Parking
Subdivision
Lot features
Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
Luxe Properties
(305) 809-7650
Listed By:
Natasha Nicole Taipale · License FL #3312570
(305) 582-8897
Added: Nov 10
Last Checked: Nov 12 at 9:06PM
MLS# A12121339
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,926-square-foot duplex in Hallandale Beach contains two residences: a vacant three-bedroom, two-bath unit and a two-bedroom, one-bath unit occupied by a long-term tenant. The building dates to 1978 and has block construction, vinyl and tile flooring, central heating and air conditioning, and a shingle roof.
The property has public water and sewer service, with cable available. Its two-unit configuration combines a vacant residence with an occupied unit.
The property has public water and sewer service, with cable available. Its two-unit configuration combines a vacant residence with an occupied unit.
Key Highlights
- Two residences: vacant 3‑bedroom, 2‑bath unit and tenant‑occupied 2‑bedroom, 1‑bath unit
- 1,926 square feet
- Block construction; built in 1978
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,431
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,620
$588.6K
Cap Rate 7%
$420,443
$420.4K
Cap Rate 9%
$327,011
$327.0K
Market Conditions
NOI Build-Up for 1,926 SF
Gross rent
$56.6K $29.40/SF
− Vacancy
−$3.1K −$1.62/SF
EGI
$53.5K $27.78/SF
− OpEx
−$24.1K −$12.50/SF
NOI
$29.4K $15.28/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,620
Cap Rate 7%
$420,443
Cap Rate 9%
$327,011
Alternative Uses
Best Use
Apartment 5plus
$420.4K
$367.9K – $490.5K
NOI $29,431 @ 7.0% cap · market cap 4.53%
Second Best
Multifamily LT 5
$323.0K
$282.7K – $376.9K
NOI $22,612 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$977.1K
$855.0K – $1.14M
NOI $68,400 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,151
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
$248,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Hallandale Beach, FL
Properties on Market for Duplexes in Hallandale Beach
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is vacant, while the second is occupied by a long-term tenant.
Where is this duplex located?
The property is located at 22 SW 7th St Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two residences: vacant 3‑bedroom, 2‑bath unit and tenant‑occupied 2‑bedroom, 1‑bath unit; 1,926 square feet; Block construction; built in 1978
