612 2 Ave Hallandale Beach, FL 33009
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.