Remodeled Fourplex with Impact
306 NE 6th Street Hallandale Beach, FL 33009
For Sale
$1,150,000
MULTI_FAMILY - Hallandale Beach, FL
Property Size2,325 SF
Price / SF$494.62
Days on Market50
Property Features for 306 NE 6th Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
CENTRAL RAC
Bedrooms
4
Rooms
Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 3
Standard status
Active
APN
514222350160
Size
2,325 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
HOLLYWOOD PINES ESTATES 6-41 B C O BK 44/297 PT OF LOT 9 F/P/A LOT 12 BLK 9 & ELY 5 OF VAC ALLEY ADJ TO W/BNDRY LOT 12
Tax Annual Amount
17341
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Electric, Heat Pump, Ductless
Water source
Public
Building Details
Year built
1953
Floors in Building
4
Number of units
4
Flooring type
Tile, Marble, Vinyl
Building materials
CBS, Stucco
Roof type
Composition
Listing Agency:
KW Reserve Palm Beach
(561) 966-4000
Listed By:
Zuleika Feliciano · License #3641052
(757) 634-8907
Added: Jun 8
Changed: Jul 25
Last Checked: Jul 27 at 9:06AM
MLS# B26038327
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.
Investment Insights
Based on property information with market context.
This remodeled fourplex includes four residential units configured as two one-bedroom apartments, one two-bedroom apartment, and one studio. The property is described as having a modern concept with new appliances, and all windows are impact-resistant for added protection.
The asset is located in Hallandale Beach, Broward County, Florida, and the listing notes it is just minutes from the beach. Zoning is listed as CENTRAL RAC.
As presented, the mix of unit sizes supports both flexible occupancy options, with the property marketed for potential short-term rentals or long-term rentals. The total property size is listed as 2,325 square feet.
The asset is located in Hallandale Beach, Broward County, Florida, and the listing notes it is just minutes from the beach. Zoning is listed as CENTRAL RAC.
As presented, the mix of unit sizes supports both flexible occupancy options, with the property marketed for potential short-term rentals or long-term rentals. The total property size is listed as 2,325 square feet.
Key Highlights
- 4‑plex built in 1953 with CBS and stucco construction
- Unit mix: 2 one‑bedroom apartments, 1 two‑bedroom apartment, and 1 studio
- All units fully remodeled with new appliances
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 | $58.6k | $25.20 |
| − Vacancy | −$3.2k | −$1.39 |
| EGI | $55.4k | $23.81 |
| − OpEx | −$16.6k | −$7.14 |
| NOI | $38.8k | $16.67 |
2,325 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$553.7K
$484.5K – $646.0K
NOI $38,757 @ 7.0% cap · market cap 3.37%
Second Best
Apartment 5plus
$510.8K
$447.0K – $596.0K
NOI $35,757 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,570 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Fourplex features two 1-bedroom units, one 2-bedroom unit, and one studio, with impact-resistant windows throughout.
Where is this quadplex located?
The property is located at 306 NE 6th Street Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 4‑plex built in 1953 with CBS and stucco construction; Unit mix: 2 one‑bedroom apartments, 1 two‑bedroom apartment, and 1 studio; All units fully remodeled with new appliances
