Two-Unit
800 SW 7th Street, Hallandale Beach, FL 33009
For Sale
$955,000
The property combines a three-bedroom, two-bath residence with a two-bedroom, two-bath residence.
Property Size2,322 SF
Price / SF$411.28
Days on Market227
Property Features for 800 SW 7th Street
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Cap Rate
Highway Access
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
NIV Global Real Estate LLC
Listed By:
Anna Kristina Montano · License #3320324
Source:
Rgirealty
Added: Mar 25
Changed: Nov 6
Last Checked: Nov 6 at 2:24PM
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 NIV Global Real Estate LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex, built in 1992, contains two residences: one with three bedrooms and two bathrooms, and another with two bedrooms and two bathrooms. The property is in Hallandale Beach, Florida.
Nearby destinations listed include Hallandale Beach Boulevard, I-95, Atlantic beaches, Dixie Highway, schools, shops, Hallandale Central Library, Aventura Mall, Gulfstream Village Park and Casino, and the City of Hallandale. The stated cap rate is 5%.
Nearby destinations listed include Hallandale Beach Boulevard, I-95, Atlantic beaches, Dixie Highway, schools, shops, Hallandale Central Library, Aventura Mall, Gulfstream Village Park and Casino, and the City of Hallandale. The stated cap rate is 5%.
Key Highlights
- Two residences: one with 3 bedrooms and 2 bathrooms; one with 2 bedrooms and 2 bathrooms
- Built in 1992
- Stated cap rate of 5%
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,707
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$774,140
$774.1K
Cap Rate 7%
$552,957
$553.0K
Cap Rate 9%
$430,078
$430.1K
Market Conditions
NOI Build-Up for 2,322 SF
Gross rent
$58.5K $25.20/SF
− Vacancy
−$3.2K −$1.39/SF
EGI
$55.3K $23.81/SF
− OpEx
−$16.6K −$7.14/SF
NOI
$38.7K $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%
$774,140
Cap Rate 7%
$552,957
Cap Rate 9%
$430,078
Alternative Uses
Best Use
Multifamily LT 5
$553.0K
$483.8K – $645.1K
NOI $38,707 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$510.2K
$446.4K – $595.2K
NOI $35,711 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,463 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
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
$248,300
Median Home Value
Market
Average Price Trend$/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 - The property combines a three-bedroom, two-bath residence with a two-bedroom, two-bath residence.
Where is this duplex located?
The property is located at 800 SW 7th Street Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $955,000.
What are key features of this property?
This property features: Two residences: one with 3 bedrooms and 2 bathrooms; one with 2 bedrooms and 2 bathrooms; Built in 1992; Stated cap rate of 5%
