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Property profile & analytics
OFF-MARKET
Small apartment buildings

1013 1 Ave Hallandale Beach, FL 33009

Built 1965
Entity Owned 4-yr Hold
Property ID
US18-1951634
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Year built 1965
UPID US18-1951634
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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Comparable Approach Comparable
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Owner & transaction history
Sf 1013 1015 LLC · 4 yrs held
Sf 1013 1015 LLC
since 2022
3 recorded transactions
2024
Price N/A
2022
$290,000
2017
$400,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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