Property summary
This well-maintained, one-story duplex located at 815 Foster Road in Hallandale Beach, Florida, presents a compelling investment opportunity. Built in 1977, this property features two 2-bedroom, 1-bathroom units, each equipped with central air conditioning and tile floors. The property boasts storm shutters on all windows, providing added protection. Separate water meters ensure efficient utility management, with tenants responsible for all utilities. While the property could benefit from some minor cosmetic updates ("TLC"), it offers immediate income potential. Both units are currently vacant, allowing for immediate lease-up and maximizing rental income. Rentometer data indicates a 75th percentile monthly rent of $2402.00 and an average rent of $2152.00. The asking price is $650,000. The property is situated in a rapidly growing area of Hallandale Beach on Foster Road. Serious inquiries only; all buyers must physically view the property before submitting offers. No contract assignments are permitted. Cash buyers must provide proof of funds. A 24-hour notice is required for showings. This property is offered as-is.
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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