Duplex on Corner
738 SW 5TH Avenue, Hallandale Beach, FL 33009
For Sale
$739,000
Built in 1969, the property offers a two-unit residential configuration.
Property Size1,939 SF
Price / SF$381.12
Days on Market67
Property Features for 738 SW 5TH Avenue
General Information
Standard status
Size
Property subtype
Additional Details
Gross Income
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Veria & Assoc Realty Inc
Listed By:
Mary E Veria · License #549499
(954) 925-2727
Source:
Debuirerealty
Added: Sep 1
Changed: Nov 6
Last Checked: Nov 6 at 3:02PM
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 Veria & Assoc Realty Inc
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Investment Insights
Based on property information with market context.
This duplex contains 1,939 square feet and was built in 1969. The property occupies a corner lot in Hallandale Beach, Florida.
Key Highlights
- 1,939‑square‑foot duplex
- Corner‑lot setting
- Built in 1969
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,323
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,460
$646.5K
Cap Rate 7%
$461,757
$461.8K
Cap Rate 9%
$359,144
$359.1K
Market Conditions
NOI Build-Up for 1,939 SF
Gross rent
$48.9K $25.20/SF
− Vacancy
−$2.7K −$1.39/SF
EGI
$46.2K $23.81/SF
− OpEx
−$13.9K −$7.14/SF
NOI
$32.3K $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%
$646,460
Cap Rate 7%
$461,757
Cap Rate 9%
$359,144
Alternative Uses
Best Use
Multifamily LT 5
$461.8K
$404.0K – $538.7K
NOI $32,323 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$426.0K
$372.8K – $497.0K
NOI $29,821 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$983.7K
$860.8K – $1.15M
NOI $68,862 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
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
$248,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Built in 1969, the property offers a two-unit residential configuration.
Where is this duplex located?
The property is located at 738 SW 5TH Avenue Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: 1,939‑square‑foot duplex; Corner‑lot setting; Built in 1969
