1013 1 Ave Hallandale Beach, FL 33009
This exceptional 1965-built, single-story fourplex in Hallandale Beach, Florida, presents a lucrative investment opportunity. Priced at $1,390,000, this property boasts four completely remodeled units, offering a blend of modern comfort and classic appeal. The layout includes a three-bedroom, one-bathroom unit in the front, a charming two-bedroom, one-bathroom cottage, and two additional two-bedroom, one-bathroom units in the rear. Each unit features updated amenities including new ceramic tile flooring, new kitchens, new air conditioning systems, new lighting fixtures, and fresh paint. Residents enjoy the convenience of on-site washer/dryer facilities and ample parking. The property also includes a shared yard area, enhanced security with security cameras, and energy-efficient Nest thermostats. All units are currently tenant-occupied under lease agreements, with tenants responsible for their own utilities (electricity and water, separately metered). This prime location offers easy access to Hallandale Beach, local shops, and a variety of restaurants. The property's strong rental income stream and desirable location make it an ideal addition to any investment portfolio. Do not disturb tenants.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.