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Property profile & analytics
FOR SALE
Small apartment buildings

1005 NE 2Nd St Hallandale Beach, FL 33009

Built 1958
Property ID
US18-3455037
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Year built 1958
UPID US18-3455037
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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