721 6 St Hallandale Beach, FL 33009
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 721 6 St
- Year built
- 1959
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional Hallandale Beach investment opportunity presents a unique duplex property on an expansive 24,000 square foot lot. The property comprises two sizable houses: a four-bedroom, two-bathroom residence and a two-bedroom, one-bathroom residence. Currently generating a gross annual income exceeding $63,000, with potential for increased revenue up to $75,000 annually through market-rate rent adjustments. Both units are currently occupied and offer ample parking and generous yard space. Built in 1959, this single-story building presents a compelling income-producing asset. However, the significant lot size also offers substantial redevelopment potential, particularly if combined with the adjacent duplex at 701 SW 6th St (sold separately). The property's prime location provides convenient access to Gulfstream Park, Aventura Mall, various shopping centers, and the beautiful beaches of Hallandale Beach. This is a rare chance to acquire a strong cash-flowing property with significant upside potential in a highly desirable South Florida location. The asking price is $875,000. The property is located at 721 SW 6th St, Hallandale Beach, FL 33009, in Broward County.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hallandale Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.157
- Latitude
- 25.9785
