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Property profile

612 2 Ave Hallandale Beach, FL 33009

OFF-MARKET
Apartment buildings
Built 1956
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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

Location

612 2 Ave Hallandale Beach, FL 33009
Hallandale Beach metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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