2-Unit
524 NW 10th, Hallandale Beach, FL 33009
For Sale
New
$850,000
Residential Income, Hallandale Beach, FL
Property Size2,116 SF
Price / SF$401.70
Days on Market3
Property Features for 524 NW 10th
General Information
Property type
Property subtype
Zoning description
Parking
Patio and Porch features
Exterior features
Fencing
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
Heating system
Cooling system
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
Trust Invest Real Estate Corp
(844) 414-4488
Listed By:
Roza Pereira · License FL #3246376
(305) 785-1151
Added: Nov 10
Last Checked: Nov 12 at 8:06PM
MLS# A12121525
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.
Built in 2021, this 2,116-square-foot duplex contains two tenant-occupied residences. Construction is concrete block, with tile flooring, electric heating and cooling, and a shingle roof. Each unit is part of the property’s current rental configuration.
The exterior includes patios and fencing. Cable service is available.
The exterior includes patios and fencing. Cable service is available.
Key Highlights
- Two residences, both currently rented
- 2,116 square feet of building area
- Constructed in 2021 with concrete block construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,334
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,680
$646.7K
Cap Rate 7%
$461,914
$461.9K
Cap Rate 9%
$359,267
$359.3K
Market Conditions
NOI Build-Up for 2,116 SF
Gross rent
$62.2K $29.40/SF
− Vacancy
−$3.4K −$1.62/SF
EGI
$58.8K $27.78/SF
− OpEx
−$26.5K −$12.50/SF
NOI
$32.3K $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%
$646,680
Cap Rate 7%
$461,914
Cap Rate 9%
$359,267
Alternative Uses
Best Use
Apartment 5plus
$461.9K
$404.2K – $538.9K
NOI $32,334 @ 7.0% cap · market cap 3.80%
Second Best
Multifamily LT 5
$354.9K
$310.5K – $414.1K
NOI $24,843 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$1.07M
$939.4K – $1.25M
NOI $75,148 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,260
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
$248,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 currently occupied by tenants, with patios and a fenced exterior area.
Where is this duplex located?
The property is located at 524 NW 10th Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two residences, both currently rented; 2,116 square feet of building area; Constructed in 2021 with concrete block construction
