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    726 7 St Hallandale Beach, FL 33009

    For Sale
    $529,900

    Prime Hallandale Beach Duplex, great rental income.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a charming 1-story duplex located at 726 SW 7th St, Hallandale Beach, FL 33009, in Broward County. Built in 1969, this multifamily property offers a compelling combination of location and income potential. The asking price is $529,900. The duplex features two spacious units, each boasting two bedrooms and one bathroom. A significant advantage is the presence of a large backyard, offering ample space and potential for future development or enhancement. Both units are currently occupied by long-term tenants, providing immediate and consistent rental income for the investor. Each unit is equipped with its own electric meter, simplifying utility management and billing. The property's strategic location offers easy access to a variety of amenities and conveniences. Residents enjoy proximity to Gulfstream Park, Aventura Mall, and the beach (less than 10 minutes away). Furthermore, parks, shopping plazas, and convenient transportation options are readily available. This property represents a solid investment opportunity in a desirable location with strong rental demand. The existing tenants provide immediate cash flow, making this an attractive option for both seasoned and new investors seeking a stable and profitable venture in the thriving Hallandale Beach market.

    Property Features for 726 7 St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1969
    Stories
    1

    HighLights

    • Charming 1‑story, 2‑unit duplex in Hallandale Beach, FL.
    • Asking price: $529,900.
    • Each unit features 2 bedrooms, 1 bathroom.
    • Large backyard with development potential.
    • Currently occupied by long‑term tenants providing immediate cash flow.
    • Separate electric meters for each unit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hallandale Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1576306
    Latitude
    25.9780205

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    FAQs

    What type of property is this?
    Multifamily property - Prime Hallandale Beach Duplex, great rental income.
    Where is this multifamily property located?
    The property is located at 726 7 St Hallandale Beach, FL.
    What is the asking price?
    The asking price for this property is $529,900.
    What are key features of this property?
    This property features: Charming 1-story, 2-unit duplex in Hallandale Beach, FL.; Asking price: $529,900.; Each unit features 2 bedrooms, 1 bathroom.
    Request Owner's contact information
    726 7 St Hallandale Beach, FL 33009
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    Hallandale Beach, FL 33009
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    726 7 St Hallandale Beach, FL 33009
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