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$875,000
Est. payment /mo
2,516 SqFt
UPDATED:
12/22/2024 10:34 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,516 sqft
Price per Sqft $347
Subdivision Hallandale Beach
MLS Listing ID A11620986
Construction Status Resale
HOA Y/N No
Year Built 1959
Annual Tax Amount $13,135
Tax Year 2023
Property Description
Not your typical Duplex! This unique property features 2 large houses situated on a huge 24k sqft development site. One house is a 4 bed/2 bath and the other is a 2 bed/1 bath. Can also be sold with the duplex next door at 701 SW 6th St. Currently both houses are occupied, it generates a gross annual income of just over $63k annually, with upside to increase to $75k annually when rents are raised to market rates. Each house has plenty of parking and a large yard. Beyond being an amazing income-producing asset, this prime lot offers the potential to build brand new townhouses, especially if combined with the duplex available next door. Minutes away from Gulfstream Park, Aventura mall, Shopping Centers, and pristine beaches.
Location
State FL
County Broward
Community Hallandale Beach
Area 3050
Interior
Heating Central, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Ceramic Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 7
Building
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 514228330610
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
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Listed by Fausto Commercial Realty Consultants Inc
Learn More About LPT Realty