1005 NE 2Nd St Hallandale Beach, FL 33009
For Sale
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This exceptional two-unit apartment building, located at 1005 NE 2nd St, Hallandale Beach, Florida 33009, presents a lucrative investment opportunity. Built in 1958 and completely renovated in 2023, this single-story duplex boasts two spacious units, each featuring two bedrooms and two bathrooms. Recent upgrades include brand new kitchens with stainless steel appliances, updated bathrooms with new fixtures, and waterproof laminated flooring throughout. Each unit also benefits from separate central air conditioning systems, washers and dryers, and water heaters. The electrical systems were also updated in 2021. The property includes two driveways providing ample parking, and a spacious fenced backyard with separate backyards for each unit. A concrete storage room is located in the rear of the property. The roof is approximately 10 years old. This prime East Hallandale Beach location offers convenient access to the beach, Gulfstream Park & Casino, and Aventura Mall. The asking price for this income-generating property is $830,000. This is a rare opportunity to acquire a meticulously maintained, high-demand property in a thriving South Florida market.
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
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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.