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Property profile & analytics
OFF-MARKET
Apartment buildings

823-825 9 St Hallandale Beach, FL 33009

Built 1958
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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