815 Foster Rd Hallandale Beach, FL 33009
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.