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Property profile & analytics
OFF-MARKET
Small apartment buildings

128 5 Ave Hallandale Beach, FL 33009

Built 1962
Property ID
US18-5068453
Property summary
AI-generated overview

This renovated Hallandale Beach duplex presents a compelling investment opportunity. Built in 1962, this single-story building boasts a total of six bedrooms across two units, achieved through a recent conversion. The property has undergone a complete overhaul, including the replacement of all plumbing pipes with CPVC, a new roof installation, brand new kitchens, updated appliances, and completely renovated bathrooms. Currently, both units are rented, generating an average monthly income of $3,000 per unit. Financial documentation is available, showcasing a strong 5.5% capitalization rate. Located in the heart of Hallandale Beach at 128 NW 5th Ave, 33009, this property offers a turnkey investment solution with minimal management concerns, as tenants are under current yearly leases. The property's prime location in Broward County, Florida, further enhances its investment potential. This is a rare opportunity to acquire a meticulously renovated, high-performing multifamily property with immediate cash flow. Serious inquiries only.

Property profile
Verified
Property type Small apartment buildings
Year built 1962
UPID US18-5068453
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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