Property summary
This exceptional investment opportunity presents a charming 1-story duplex located at 726 SW 7th St, Hallandale Beach, FL 33009, in Broward County. Built in 1969, this multifamily property offers a compelling combination of location and income potential. The asking price is $529,900. The duplex features two spacious units, each boasting two bedrooms and one bathroom. A significant advantage is the presence of a large backyard, offering ample space and potential for future development or enhancement. Both units are currently occupied by long-term tenants, providing immediate and consistent rental income for the investor. Each unit is equipped with its own electric meter, simplifying utility management and billing. The property's strategic location offers easy access to a variety of amenities and conveniences. Residents enjoy proximity to Gulfstream Park, Aventura Mall, and the beach (less than 10 minutes away). Furthermore, parks, shopping plazas, and convenient transportation options are readily available. This property represents a solid investment opportunity in a desirable location with strong rental demand. The existing tenants provide immediate cash flow, making this an attractive option for both seasoned and new investors seeking a stable and profitable venture in the thriving Hallandale Beach market.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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