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Property profile & analytics
OFF-MARKET
Apartment buildings

612 2 Ave Hallandale Beach, FL 33009

Built 1956
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 1-story apartment building located at 612 NW 2nd Ave, Hallandale Beach, Florida, 33009, in Broward County. Built in 1956, this multifamily property, classified as an apartment building and specifically a duplex/triplex/quadruplex, is offered at an asking price of $645,000. The property's prime location in Hallandale Beach offers significant potential for rental income and appreciation. The building's single-story design contributes to ease of maintenance and management. Given its age, potential renovation or modernization opportunities exist to enhance the property's value and rental appeal. The property's precise unit configuration (duplex, triplex, or quadplex) is not specified, requiring further due diligence. This presents a compelling opportunity for investors seeking a foothold in the thriving Hallandale Beach real estate market. The property's geographic coordinates are 25.9924337 latitude and -80.1504249 longitude. Serious inquiries are encouraged to explore this promising investment further. Further investigation into the property's current occupancy, rental rates, and operating expenses is recommended. This information is crucial for a comprehensive financial analysis and informed investment decision.

Property profile
Verified
Property type Apartment buildings
Year built 1956
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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