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Hallandale Beach Duplex Investment
For Sale
$435,000

756 NW 5th St, Hallandale Beach, FL 33009

Duplex in Hallandale Beach near Gulfstream Park and Aventura Mall.

Property Size1,000 SF
Days on Market320

Property Features for 756 NW 5th St

General Information

Standard status Active
Size 1,000 SF
Property subtype Other

Taxes and HOA fees

Annual Taxes $8,343

Building Details

Building Size 1,000 SF
Year Built 1957
Stories 1
Listed By: Cesar Linares
Source: Elliman
Added: Nov 27, 2025 Changed: Oct 6 Last Checked: Oct 12 at 8:44PM

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 Cesar Linares

Investment Insights

Based on property information with market context.

This well-maintained duplex in Hallandale Beach presents an investment opportunity. The property features two 1-bedroom, 1-bathroom units, each equipped with private entrances and separate driveways. The roof and AC units are reported to be in good condition. The property is zoned for multifamily use and is situated in a growing neighborhood. Its location offers proximity to Gulfstream Park, beaches, Aventura Mall, and major highways. This income-producing property is suitable for investors or owner-occupants looking to generate rental income. There is no HOA.

Key Highlights

  • Prime location in Hallandale Beach, minutes from Gulfstream Park, beaches, Aventura Mall, and major highways.
  • Income‑producing duplex with two 1‑bedroom, 1‑bathroom units, each with private entrances and separate driveways.
  • No HOA fees.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,670
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,400 $333.4K
Cap Rate 7%
$238,143 $238.1K
Cap Rate 9%
$185,222 $185.2K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$25.2K $25.20/SF
− Vacancy
−$1.4K −$1.39/SF
EGI
$23.8K $23.81/SF
− OpEx
−$7.1K −$7.14/SF
NOI
$16.7K $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%
$333,400
Cap Rate 7%
$238,143
Cap Rate 9%
$185,222

Alternative Uses

Best Use
Multifamily LT 5
$238.1K
$208.4K – $277.8K (±1% cap)
NOI $16,670 @ 7.0% cap · market cap 3.83%
Second Best
Apartment 5plus
$219.7K
$192.2K – $256.3K (±1% cap)
NOI $15,379 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$507.3K
$443.9K – $591.9K (±1% cap)
NOI $35,514 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Tanning Salon Supermarket Clothing & Fashion Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex in Hallandale Beach near Gulfstream Park and Aventura Mall.
Where is this duplex located?
The property is located at 756 NW 5th St Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Prime location in Hallandale Beach, minutes from Gulfstream Park, beaches, Aventura Mall, and major highways.; Income‑producing duplex with two 1‑bedroom, 1‑bathroom units, each with private entrances and separate driveways.; No HOA fees.
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