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Hallandale Beach Yacht Harbor Condo
For Sale
$225,000

2200 Diana Dr 111, Hallandale Beach, FL 33009

First-floor condo with pool access and potential owner financing.

Property Size806 SF
Days on Market325

Property Features for 2200 Diana Dr 111

General Information

Standard status Active
Size 806 SF
Property subtype Residential

Taxes and HOA fees

Annual Taxes $2,151

Building Details

Building Size 806 SF
Year Built 1967
Stories 3
Listed By: Cecilia Zaiour
Source: Elliman
Added: Nov 27, 2025 Changed: Oct 15 Last Checked: Oct 16 at 9:34AM

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 Cecilia Zaiour

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Investment Insights

Based on property information with market context.

This first-floor unit is located in the all-ages Yacht Harbor community, offering direct access from the parking space. Owner financing is available with 30% down. Boat dockage is available. The unit features a spacious living and dining room, along with a south-facing patio that provides direct access to the pool and docks. Assigned parking is included. The community has a heated pool and low HOA fees, with no land lease. A new roof was installed in 2024. The property is located near the beach, shopping, dining, and entertainment options, and is close to I-95 and public transportation. It is suitable for end-users or as a second home. Renting is not permitted during the first two years of ownership.

Key Highlights

  • Direct walk‑out access to the pool and docks from the south‑facing patio.
  • Boat dockage available.
  • Direct walk‑in access from assigned parking space (1st floor unit).

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,396
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,920 $247.9K
Cap Rate 7%
$177,086 $177.1K
Cap Rate 9%
$137,733 $137.7K
Market Conditions
NOI Build-Up for 806 SF
Gross rent
$23.6K $29.28/SF
− Vacancy
−$1.1K −$1.32/SF
EGI
$22.5K $27.96/SF
− OpEx
−$10.1K −$12.58/SF
NOI
$12.4K $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%
$247,920
Cap Rate 7%
$177,086
Cap Rate 9%
$137,733

Alternative Uses

Best Use
Apartment 5plus
$177.1K
$155.0K – $206.6K (±1% cap)
NOI $12,396 @ 7.0% cap · market cap 5.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$408.9K
$357.8K – $477.1K (±1% cap)
NOI $28,624 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Butcher Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,533
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - First-floor condo with pool access and potential owner financing.
Where is this apartment building located?
The property is located at 2200 Diana Dr 111 Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Direct walk‑out access to the pool and docks from the south‑facing patio.; Boat dockage available.; Direct walk‑in access from assigned parking space (1st floor unit).
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