Two-Unit
417 SW 3rd St, Hallandale Beach, FL 33009
For Sale
$559,000
Both residences are vacant, separately metered for electricity and water, and have no rental restrictions.
Property Size1,716 SF
Price / SF$325.76
Days on Market335
Property Features for 417 SW 3rd St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Public Transit
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Amenities
back patio
Building Details
Building Size
Year Built
Buildings
Listing Agency:
EXP Realty LLC
Listed By:
Concetta Di Guida · License #3348200
(954) 226-6437
Source:
Diannalantiguarealty
Added: Dec 7, 2025
Changed: Nov 6
Last Checked: Nov 6 at 3:16PM
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 EXP Realty LLC
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Investment Insights
Based on property information with market context.
At 417 SW 3rd St in Hallandale Beach, this 1,716-square-foot duplex contains two vacant residences, each with two bedrooms and one bathroom. Built in 1971, the property has tile flooring throughout and has undergone partial remodeling. Electric and water service are separately metered for each unit, and the property is fully legal.
Eight parking spaces are positioned at the front. The lot also includes a back patio. The beach, Gulfstream Park, casinos, parks, and Aventura Mall are within walking distance, with public transportation nearby.
Eight parking spaces are positioned at the front. The lot also includes a back patio. The beach, Gulfstream Park, casinos, parks, and Aventura Mall are within walking distance, with public transportation nearby.
Key Highlights
- Two vacant units, each with 2 bedrooms and 1 bathroom
- 1,716 square feet; built in 1971
- 8 front parking spaces and a back patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,605
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$572,100
$572.1K
Cap Rate 7%
$408,643
$408.6K
Cap Rate 9%
$317,833
$317.8K
Market Conditions
NOI Build-Up for 1,716 SF
Gross rent
$43.2K $25.20/SF
− Vacancy
−$2.4K −$1.39/SF
EGI
$40.9K $23.81/SF
− OpEx
−$12.3K −$7.14/SF
NOI
$28.6K $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%
$572,100
Cap Rate 7%
$408,643
Cap Rate 9%
$317,833
Alternative Uses
Best Use
Multifamily LT 5
$408.6K
$357.6K – $476.8K
NOI $28,605 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$377.0K
$329.9K – $439.9K
NOI $26,391 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$870.6K
$761.8K – $1.02M
NOI $60,942 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Utilities to site
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 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 - Both residences are vacant, separately metered for electricity and water, and have no rental restrictions.
Where is this duplex located?
The property is located at 417 SW 3rd St Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: Two vacant units, each with 2 bedrooms and 1 bathroom; 1,716 square feet; built in 1971; 8 front parking spaces and a back patio
