222 4 Ct Hallandale Beach, FL 33009

This exceptional investment opportunity presents a 2-unit apartment building situated on a sizable 10,229 square foot lot in Hallandale Beach, Florida. The property, located at 222 NE 4th Ct, boasts a total of 2,083 square feet of living space, divided into a 2-bedroom/2-bathroom unit and a 2-bedroom/1-bathroom unit. Currently generating rental income of $1400 and $1200 per month respectively, with leases expiring at year-end, this property offers significant upside potential. Market rents for comparable units in the area range from $1800 to $2000 per month, indicating substantial room for rental growth. Built in 1951, the single-story building is classified as Class C and sits within the Central RAC zoning district, allowing for multi-family and commercial uses. Its prime location, just west of Federal Highway and adjacent to the vibrant Atlantic Village, offers easy access to the beach, recreational amenities, parks, and major roadways. This property is an ideal investment for those seeking a strong return on investment in a rapidly gentrifying area with high rental demand. The asking price is $595,000.