6-Unit Apartment
New
For Sale
$1,850,000
618 SW 4th Ave, Hallandale Beach, FL 33009
Residential Income, Hallandale Beach, FL
Property Size7,876 SF
Price / SF$234.89
Days on Market2
Property Features for 618 SW 4th Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RS-6
Bedrooms
2
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 1, Bedroom 2
Parking
12
Subdivision
CARROLL SUB
Lot features
Flood Zone, < 1/4 Acre
Directions
Please use GPS
Standard status
Active
APN
514228330061
Size
7,876 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
28-51-42 N2/3 OF E1/2 OF N1/2 OF S2/5 OF E1/2 OF SW1/4 OF NE1/4 OF SE1/4 LESS STS- AKA: PT OF LOT 4 CARROLL SUB
Tax Annual Amount
17989
Legal Description
28-51-42 N2/3 OF E1/2 OF N1/2 OF S2/5 OF E1/2 OF SW1/4 OF NE1/4 OF SE1/4 LESS STS- AKA: PT OF LOT 4 CARROLL SUB
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Amenities
ceiling fans
double closets
updated bathrooms
tile floors
central A/C
private entrance
in-unit laundry
fenced backyard
Building Details
Year built
1973
Floors in Building
1
Flooring type
Tile
Building materials
Brick, Block
Roof type
Shingle
Buildings
3
Listing Agency:
The Keyes Company
(954) 389-3459
Listed By:
Hilda Mack · License #3147651
(954) 562-4273
Added: Oct 27
Last Checked: Oct 28 at 7:06AM
MLS# A12113119
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7,876-square-foot apartment property comprises three single-story duplex buildings and six two-bedroom, one-bathroom units. Each residence has a separate entrance and its own laundry, along with central air conditioning. Interior details include tile flooring, ceiling fans, double closets, and updated bathrooms with tiled tub-and-shower combinations and newer vanities. The grounds also feature a fenced backyard and 12 on-site parking spaces, with two assigned to each unit.
The property is at 618 SW 4th Ave in Hallandale Beach, between Miami and Fort Lauderdale. The beach, Gulfstream Park, shopping, and dining are described as minutes away, with US-1 and I-95 also nearby.
The property is at 618 SW 4th Ave in Hallandale Beach, between Miami and Fort Lauderdale. The beach, Gulfstream Park, shopping, and dining are described as minutes away, with US-1 and I-95 also nearby.
Key Highlights
- Six units across three single‑story duplexes; each has 2 bedrooms and 1 bathroom
- 7,876 square feet
- 12 on‑site parking spaces, with 2 assigned to each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$121,128
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,422,560
$2.4M
Cap Rate 7%
$1,730,400
$1.7M
Cap Rate 9%
$1,345,867
$1.3M
Market Conditions
NOI Build-Up for 7,876 SF
Gross rent
$230.6K $29.28/SF
− Vacancy
−$10.4K −$1.32/SF
EGI
$220.2K $27.96/SF
− OpEx
−$99.1K −$12.58/SF
NOI
$121.1K $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%
$2,422,560
Cap Rate 7%
$1,730,400
Cap Rate 9%
$1,345,867
Alternative Uses
Best Use
Apartment 5plus
$1.73M
$1.51M – $2.02M
NOI $121,128 @ 7.0% cap · market cap 6.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.00M
$3.50M – $4.66M
NOI $279,708 @ 7.0% cap · market cap 15.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,122
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
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
Frequently Asked Questions
What type of property is this?
Apartment building - Three duplex buildings provide private entrances, in-unit laundry, and central air conditioning.
Where is this apartment building located?
The property is located at 618 SW 4th Ave Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Six units across three single‑story duplexes; each has 2 bedrooms and 1 bathroom; 7,876 square feet; 12 on‑site parking spaces, with 2 assigned to each unit
