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Property profile

1008 2 St Hallandale Beach, FL 33009

OFF-MARKET
Apartment buildings
Property ID
US18-5200887
Built 1957
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Property summary

AI-generated overview

This charming two-unit apartment building, known as Anderson Villas, presents a compelling investment opportunity in the desirable Hallandale Beach, Florida market. Located at 1008 NE 2nd St, 33009, this property boasts a prime location east of US-1, offering convenient access to shopping centers and grocery stores on Hallandale Beach Boulevard. Built in 1957, this single-story duplex features two units, each comprising two bedrooms and one full bathroom. Each unit also includes parking for two cars, providing ample space for residents. The property benefits from recent upgrades, including a brand-new roof and newly installed kitchens, minimizing immediate maintenance needs and maximizing rental income potential. Situated in a family-friendly and secure neighborhood, this duplex offers a low-risk, high-reward investment prospect. The asking price is $699,000. This property is ideal for investors seeking a stable, cash-flowing asset in a thriving South Florida community. The proximity to local amenities and the recent renovations make this duplex an attractive option for both tenants and investors alike. The property's solid construction and desirable location contribute to its long-term value and potential for appreciation. Don't miss this chance to acquire a well-maintained, income-generating property in a highly sought-after area.

Property profile

Verified
Property type Apartment buildings
Year built 1957
UPID US18-5200887

Cap rate & NOI

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

Location

1008 2 St Hallandale Beach, FL 33009
Hallandale Beach metro
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Value estimations

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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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