Duplex With Separate
New
For Sale
$689,000
Hallandale Beach, FL 33009, Hallandale Beach, FL 33009
Residential Income, Hallandale Beach, FL
Property Size2,121 SF
Lot Size0.14 Acres
Price / SF$324.85
Days on Market5
Property Features
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RD-12
Bedrooms
6
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 3, Bedroom 5, Bedroom 1, Bathroom 1
Parking
4
Security features
Security
Exterior features
Security/High Impact Doors
Lot features
< 1/4 Acre
Subdivision
TOWN OF HALLANDALE B-13
Standard status
Active
Size
2,121 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
10328
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1965
Floors in Building
1
Flooring type
Tile - Ceramic
Building materials
CBS (Concrete Block Structure), Block, Stucco
Roof type
Shingle
Listing Agency:
Beachfront Realty Inc
Listed By:
Amit Nir · License #3225615
(305) 409-2058
Added: Oct 18
Last Checked: Oct 22 at 2:06AM
MLS# A12097910
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1965, this 2,121-square-foot duplex contains two three-bedroom residences: one with one bathroom and the other with two. One residence has been renovated; the second can be updated to suit its next occupant. Impact-resistant windows and doors, central heating and air conditioning, and a shingle roof are among the building’s features. The roof was replaced in 2015.
The property occupies a 6,250-square-foot corner lot in Hallandale Beach. Shopping, dining, entertainment, major highways, and South Florida beaches are noted in the surrounding area. The residences have separate water and electric meters.
The property occupies a 6,250-square-foot corner lot in Hallandale Beach. Shopping, dining, entertainment, major highways, and South Florida beaches are noted in the surrounding area. The residences have separate water and electric meters.
Key Highlights
- Two three‑bedroom residences: one 3BR/1BA and one 3BR/2BA
- 2,121‑square‑foot building on a 6,250‑square‑foot corner lot
- Separate water and electric meters for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,357
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$707,140
$707.1K
Cap Rate 7%
$505,100
$505.1K
Cap Rate 9%
$392,856
$392.9K
Market Conditions
NOI Build-Up for 2,121 SF
Gross rent
$53.4K $25.20/SF
− Vacancy
−$2.9K −$1.39/SF
EGI
$50.5K $23.81/SF
− OpEx
−$15.2K −$7.14/SF
NOI
$35.4K $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%
$707,140
Cap Rate 7%
$505,100
Cap Rate 9%
$392,856
Alternative Uses
Best Use
Multifamily LT 5
$505.1K
$442.0K – $589.3K
NOI $35,357 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$466.0K
$407.8K – $543.7K
NOI $32,620 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$1.08M
$941.6K – $1.26M
NOI $75,325 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each three-bedroom residence has its own water and electric meter.
Where is this duplex located?
The property is located at Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: Two three‑bedroom residences: one 3BR/1BA and one 3BR/2BA; 2,121‑square‑foot building on a 6,250‑square‑foot corner lot; Separate water and electric meters for each residence
