916 SW 10th St, Hallandale Beach, FL 33009
For Sale
$1,150,000
The 1974-built property offers a compact multifamily configuration in Hallandale Beach.
Property Size2,427 SF
Price / SF$473.84
Days on Market210
Property Features for 916 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 FL #3177826
(786) 615-4983
Source:
Jofregroup
Added: Apr 14
Changed: Nov 8
Last Checked: Nov 8 at 7:18PM
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
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Investment Insights
Based on property information with market context.
This triplex at 916 SW 10th St in Hallandale Beach contains 2,427 square feet and was built in 1974. It is offered for sale as a multifamily property.
Key Highlights
- 2,427‑square‑foot triplex
- Built in 1974
- Located at 916 SW 10th St in Hallandale Beach
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,086
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$741,720
$741.7K
Cap Rate 7%
$529,800
$529.8K
Cap Rate 9%
$412,067
$412.1K
Market Conditions
NOI Build-Up for 2,427 SF
Gross rent
$71.4K $29.40/SF
− Vacancy
−$3.9K −$1.62/SF
EGI
$67.4K $27.78/SF
− OpEx
−$30.3K −$12.50/SF
NOI
$37.1K $15.28/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$741,720
Cap Rate 7%
$529,800
Cap Rate 9%
$412,067
Alternative Uses
Best Use
Apartment 5plus
$529.8K
$463.6K – $618.1K
NOI $37,086 @ 7.0% cap · market cap 3.22%
Second Best
Multifamily LT 5
$407.1K
$356.2K – $474.9K
NOI $28,494 @ 7.0% cap · market cap 2.48%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,192 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
2,533
Businesses Nearby
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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
$248,300
Median Home Value
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Market
Average Price Trend$/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 - The 1974-built property offers a compact multifamily configuration in Hallandale Beach.
Where is this triplex located?
The property is located at 916 SW 10th St Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 2,427‑square‑foot triplex; Built in 1974; Located at 916 SW 10th St in Hallandale Beach
