904 SW 10th St, Hallandale Beach, FL 33009
For Sale
$1,175,000
Built in 1974, this three-unit property provides a multifamily configuration in Hallandale Beach.
Property Size2,244 SF
Price / SF$523.62
Days on Market207
Property Features for 904 SW 10th St
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Sunshine Miami Realty
Listed By:
Jose Martin III · License #3177826
(786) 615-4983
Source:
Swanesgrouprealty
Added: Apr 14
Changed: Nov 6
Last Checked: Nov 6 at 2:16PM
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 Sunshine Miami Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Hallandale Beach triplex contains 2,244 square feet and was built in 1974. The property is located at 904 SW 10th St. A second multifamily property at 916 SW 10th St is also presented as a neighboring opportunity.
Key Highlights
- Three‑unit multifamily property
- 2,244 square feet
- Built in 1974
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,407
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$748,140
$748.1K
Cap Rate 7%
$534,386
$534.4K
Cap Rate 9%
$415,633
$415.6K
Market Conditions
NOI Build-Up for 2,244 SF
Gross rent
$56.5K $25.20/SF
− Vacancy
−$3.1K −$1.39/SF
EGI
$53.4K $23.81/SF
− OpEx
−$16.0K −$7.14/SF
NOI
$37.4K $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%
$748,140
Cap Rate 7%
$534,386
Cap Rate 9%
$415,633
Alternative Uses
Best Use
Multifamily LT 5
$534.4K
$467.6K – $623.5K
NOI $37,407 @ 7.0% cap · market cap 3.18%
Second Best
Apartment 5plus
$493.0K
$431.4K – $575.2K
NOI $34,511 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$1.14M
$996.2K – $1.33M
NOI $79,693 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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 Triplexes in Broward County, FL
Properties on Market for Triplexes in Broward County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Built in 1974, this three-unit property provides a multifamily configuration in Hallandale Beach.
Where is this triplex located?
The property is located at 904 SW 10th St Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Three‑unit multifamily property; 2,244 square feet; Built in 1974
