Two-Unit
612 NW 4th Ave, Hallandale Beach, FL 33009
For Sale
New
$679,000
Residential Income, Hallandale Beach, FL
Property Size2,098 SF
Price / SF$323.64
Days on Market3
Property Features for 612 NW 4th Ave
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
Cooling system
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
Dalton Wade Inc
Listed By:
Lavinia Govender · License #3340543
(786) 319-7131
Added: Nov 7
Last Checked: Nov 9 at 5:06AM
MLS# A12118665
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 2,098-square-foot duplex, built in 1968, contains two residences: a vacant front unit with 4 bedrooms and 2 bathrooms, and a tenant-occupied rear unit with 4 bedrooms and 1 bathroom. The building has concrete-block construction, ceramic tile flooring, ceiling fans, and a shingle roof. Public sewer service and cable availability are listed.
The property is in Hallandale Beach, with access to US-1 and I-95. Aventura Mall, the Aventura Brightline station, and Gulfstream Park are among the destinations identified nearby. The listing also notes restaurants, shops, and everyday services in the surrounding area.
The property is in Hallandale Beach, with access to US-1 and I-95. Aventura Mall, the Aventura Brightline station, and Gulfstream Park are among the destinations identified nearby. The listing also notes restaurants, shops, and everyday services in the surrounding area.
Key Highlights
- 2,098‑square‑foot duplex built in 1968
- Vacant front residence has 4 bedrooms and 2 bathrooms
- Tenant‑occupied rear residence has 4 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,059
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$641,180
$641.2K
Cap Rate 7%
$457,986
$458.0K
Cap Rate 9%
$356,211
$356.2K
Market Conditions
NOI Build-Up for 2,098 SF
Gross rent
$61.7K $29.40/SF
− Vacancy
−$3.4K −$1.62/SF
EGI
$58.3K $27.78/SF
− OpEx
−$26.2K −$12.50/SF
NOI
$32.1K $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%
$641,180
Cap Rate 7%
$457,986
Cap Rate 9%
$356,211
Alternative Uses
Best Use
Apartment 5plus
$458.0K
$400.7K – $534.3K
NOI $32,059 @ 7.0% cap · market cap 4.72%
Second Best
Multifamily LT 5
$351.9K
$307.9K – $410.5K
NOI $24,631 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$1.06M
$931.4K – $1.24M
NOI $74,508 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,749
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 - One residence is vacant, while the second is occupied and generating rental income.
Where is this duplex located?
The property is located at 612 NW 4th Ave Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: 2,098‑square‑foot duplex built in 1968; Vacant front residence has 4 bedrooms and 2 bathrooms; Tenant‑occupied rear residence has 4 bedrooms and 1 bathroom
