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Duplex with Updated Building Systems

752 NW 3rd Ct, Hallandale Beach, FL 33009

For Sale
$599,000

Both two-bedroom, one-bathroom residences are occupied under leases extending into early 2027.

Property Size1,342 SF
Price / SF$446.35
Days on Market242

Property Features for 752 NW 3rd Ct

General Information

Standard status Active
Size 1,342 SF
Total Parking Spaces 4
Property subtype Duplex
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2
Individually Metered Utilities electricity, water

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $5,997

Amenities

central air conditioning

Building Details

Building Size 1,342 SF
Year Built 1966
Tenancy Multi
Listing Agency: Beachfront Realty Inc
Listed By: Victoria Nemchinova · License #3174498
Source: Debuirerealty
Added: Mar 10 Changed: Nov 6 Last Checked: Nov 6 at 2:54PM

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 Beachfront Realty Inc

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Investment Insights

Based on property information with market context.

This duplex contains two 2-bedroom, 1-bathroom units totaling 1,342 square feet. Both residences are tenant-occupied, with leases in place through the beginning of 2027. The building dates to 1966 and has central air conditioning; one AC unit and the roof are identified as new in 2026. Windows have been replaced, and plumbing work was completed several years ago.

Each unit has a separate water meter and fireplace. The property also includes four parking spaces.

Key Highlights

  • Two 2‑bedroom, 1‑bathroom units; 1,342 square feet total
  • Both units are tenant‑occupied with leases through the beginning of 2027
  • New roof and one new AC unit in 2026; central AC

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,371
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,420 $447.4K
Cap Rate 7%
$319,586 $319.6K
Cap Rate 9%
$248,567 $248.6K
Market Conditions
NOI Build-Up for 1,342 SF
Gross rent
$33.8K $25.20/SF
− Vacancy
−$1.9K −$1.39/SF
EGI
$32.0K $23.81/SF
− OpEx
−$9.6K −$7.14/SF
NOI
$22.4K $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%
$447,420
Cap Rate 7%
$319,586
Cap Rate 9%
$248,567

Alternative Uses

Best Use
Multifamily LT 5
$319.6K
$279.6K – $372.9K (±1% cap)
NOI $22,371 @ 7.0% cap · market cap 3.73%
Second Best
Apartment 5plus
$294.8K
$258.0K – $344.0K (±1% cap)
NOI $20,639 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$680.9K
$595.8K – $794.3K (±1% cap)
NOI $47,660 @ 7.0% cap · market cap 7.96%
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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,533
Businesses Nearby

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

Average Price Trend$/SF for Duplexes in Hallandale Beach, FL

$383 Jul
$379 Aug
$383 Sep
$384 Oct

Properties on Market for Duplexes in Hallandale Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both two-bedroom, one-bathroom residences are occupied under leases extending into early 2027.
Where is this duplex located?
The property is located at 752 NW 3rd Ct Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units; 1,342 square feet total; Both units are tenant‑occupied with leases through the beginning of 2027; New roof and one new AC unit in 2026; central AC
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