Technical
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Property profile

823-825 9 St Hallandale Beach, FL 33009

OFF-MARKET
Apartment buildings
Built 1958
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Property summary

AI-generated overview

This fully renovated 1958-built duplex in Hallandale Beach, Florida offers a fantastic investment opportunity. Located at 823-825 NW 9th Street, 33009, this one-story property features two 1-bedroom, 1-bathroom units currently occupied by tenants, generating a gross annual income of $39,300. The property boasts a large fenced yard, providing additional appeal. Recent upgrades include a new roof (2022) and new central air conditioning, eliminating the need for immediate renovations. The current rental income is below market value, presenting a significant opportunity to increase profitability. Water costs approximately $155 per month. Conveniently situated east of I-95, near the Hepburn Center, this property enjoys proximity to transportation, parks, recreation, and shopping. This turnkey investment is ready for immediate income generation. The property is being offered at an asking price of $525,000. Please respect tenant privacy and refrain from contacting them directly.

Property profile

Verified
Property type Apartment buildings
Year built 1958

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

823-825 9 St 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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