Two-Unit Duplex with Private
800 NE 2nd Ct, Hallandale Beach, FL 33009
For Sale
$589,000
Both residences are occupied and include central air conditioning and individual laundry facilities.
Property Size1,558 SF
Price / SF$378.05
Days on Market155
Property Features for 800 NE 2nd Ct
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
central A/C
private laundry
Building Details
Building Size
Year Built
Listing Agency:
Point Real Estate Marketing
Listed By:
Limor Eliyahu · License #3490107
(917) 318-1328
Source:
Debuirerealty
Added: Jun 5
Changed: Nov 6
Last Checked: Nov 6 at 2:31PM
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 Point Real Estate Marketing
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Investment Insights
Based on property information with market context.
This 1,558-square-foot duplex, built in 1956, contains two 2-bedroom, 1-bathroom residences. Both units are occupied and feature central air conditioning, private laundry, updated interiors, and functional layouts. The property also has a shared common area and four on-site parking spaces.
The building is at 800 NE 2nd Ct in Hallandale Beach, Florida. Beaches, shopping, dining, Gulfstream Park, Aventura Mall, and major highways are nearby.
The building is at 800 NE 2nd Ct in Hallandale Beach, Florida. Beaches, shopping, dining, Gulfstream Park, Aventura Mall, and major highways are nearby.
Key Highlights
- Two occupied units, each with 2 bedrooms and 1 bathroom
- 1,558 square feet; built in 1956
- Central air conditioning and private laundry in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,972
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,440
$519.4K
Cap Rate 7%
$371,029
$371.0K
Cap Rate 9%
$288,578
$288.6K
Market Conditions
NOI Build-Up for 1,558 SF
Gross rent
$39.3K $25.20/SF
− Vacancy
−$2.2K −$1.39/SF
EGI
$37.1K $23.81/SF
− OpEx
−$11.1K −$7.14/SF
NOI
$26.0K $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%
$519,440
Cap Rate 7%
$371,029
Cap Rate 9%
$288,578
Alternative Uses
Best Use
Multifamily LT 5
$371.0K
$324.7K – $432.9K
NOI $25,972 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$342.3K
$299.5K – $399.4K
NOI $23,961 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$790.4K
$691.6K – $922.2K
NOI $55,331 @ 7.0% cap · market cap 9.39%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,533
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
$248,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Both residences are occupied and include central air conditioning and individual laundry facilities.
Where is this duplex located?
The property is located at 800 NE 2nd Ct Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Two occupied units, each with 2 bedrooms and 1 bathroom; 1,558 square feet; built in 1956; Central air conditioning and private laundry in each residence
