Tenant-Occupied
New
For Sale
$489,900
Hallandale Beach, FL 33009, Hallandale Beach, FL 33009
Residential Income, Hallandale Beach, FL
Property Size1,248 SF
Price / SF$392.55
Days on Market5
Property Features
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RS-7
Bedrooms
4
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1
Parking
4
Lot features
< 1/4 Acre
Subdivision
WEST HARLEM
Standard status
Active
Size
1,248 SF
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10770
Utilities
Sewer type
Public Sewer
Heating system
Central, Wall Furnace
Cooling system
Central Air
Amenities
yard
Building Details
Year built
1963
Floors in Building
1
Flooring type
Wood, Hardwood, Tile
Building materials
Block
Roof type
Shingle
Listing Agency:
Premier Realty & Invest. Group
(305) 756-4450
Listed By:
Ronald Henry · License #0662397
(305) 300-9653
Added: Oct 28
Changed: Oct 29
Last Checked: Nov 1 at 3:06PM
MLS# A12114194
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.
This 1,248-square-foot duplex, built in 1963, contains two units with matching two-bedroom, one-bathroom layouts. Separate utility meters serve each unit. The building has block construction, central air conditioning, and a shingle roof, with public sewer service. Interior finishes include hardwood and tile flooring; heating is provided by central systems and wall furnaces.
The property is in Hallandale Beach, Florida, and includes a yard. Both units are tenant-occupied, and showings require advance coordination.
The property is in Hallandale Beach, Florida, and includes a yard. Both units are tenant-occupied, and showings require advance coordination.
Key Highlights
- Two units, each configured with 2 bedrooms and 1 bathroom
- 1,248 square feet; built in 1963
- Separate utility meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,804
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,080
$416.1K
Cap Rate 7%
$297,200
$297.2K
Cap Rate 9%
$231,156
$231.2K
Market Conditions
NOI Build-Up for 1,248 SF
Gross rent
$31.4K $25.20/SF
− Vacancy
−$1.7K −$1.39/SF
EGI
$29.7K $23.81/SF
− OpEx
−$8.9K −$7.14/SF
NOI
$20.8K $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%
$416,080
Cap Rate 7%
$297,200
Cap Rate 9%
$231,156
Alternative Uses
Best Use
Multifamily LT 5
$297.2K
$260.1K – $346.7K
NOI $20,804 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$274.2K
$239.9K – $319.9K
NOI $19,193 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$633.2K
$554.0K – $738.7K
NOI $44,321 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two rental units each have a two-bedroom, one-bathroom layout and separate utility meters.
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 $489,900.
What are key features of this property?
This property features: Two units, each configured with 2 bedrooms and 1 bathroom; 1,248 square feet; built in 1963; Separate utility meters for each unit
