Duplex with Updated One-Bedroom
708 SW 7th Ave, Hallandale Beach, FL 33009
For Sale
$799,000
One side offers a private backyard, its own laundry room, and new appliances.
Property Size1,776 SF
Price / SF$449.89
Days on Market46
Property Features for 708 SW 7th Ave
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
private backyard
separate laundry room
Building Details
Building Size
Year Built
Listing Agency:
G Realty Group, LLC.
Listed By:
Karmith Krespy · License #3266308
(305) 896-2029
Source:
Diannalantiguarealty
Added: Sep 22
Changed: Nov 6
Last Checked: Nov 6 at 2:46PM
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 G Realty Group, LLC.
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Investment Insights
Based on property information with market context.
This duplex contains a renovated one-bedroom unit on one side, with new appliances, a private backyard, and a separate laundry room for each unit. The full property measures 1,776 square feet and was built in 1972. A new roof and fresh exterior paint extend across the duplex.
Restaurants, shopping, and major roads are nearby.
Restaurants, shopping, and major roads are nearby.
Key Highlights
- 1,776‑square‑foot duplex built in 1972
- Renovated one‑bedroom unit on one side
- Private backyard and new appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,314
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$546,280
$546.3K
Cap Rate 7%
$390,200
$390.2K
Cap Rate 9%
$303,489
$303.5K
Market Conditions
NOI Build-Up for 1,776 SF
Gross rent
$52.0K $29.28/SF
− Vacancy
−$2.3K −$1.32/SF
EGI
$49.7K $27.96/SF
− OpEx
−$22.3K −$12.58/SF
NOI
$27.3K $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%
$546,280
Cap Rate 7%
$390,200
Cap Rate 9%
$303,489
Alternative Uses
Best Use
Apartment 5plus
$390.2K
$341.4K – $455.2K
NOI $27,314 @ 7.0% cap · market cap 3.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$901.0K
$788.4K – $1.05M
NOI $63,073 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,533
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
$248,300
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Hallandale Beach, FL
Properties on Market for Residential income properties in Hallandale Beach
Frequently Asked Questions
What type of property is this?
Residential income property - One side offers a private backyard, its own laundry room, and new appliances.
Where is this residential income property located?
The property is located at 708 SW 7th Ave Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 1,776‑square‑foot duplex built in 1972; Renovated one‑bedroom unit on one side; Private backyard and new appliances
