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$ 2,300,000
Est. payment | /mo
3,690 SqFt
$ 2,300,000
Est. payment | /mo
3,690 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,690 sqft
Price per Sqft $623
MLS Listing ID A11926141
HOA Y/N No
Year Built 1965
Annual Tax Amount $39,945
Tax Year 2024
Lot Size 8,742 Sqft
Property Sub-Type Multi Family
Property Description
Exceptional value-add multifamily opportunity in a prime Hallandale Beach location, right off US-1. Located at 700 NE 6th St, this 13-unit property includes 11 studio apartments, one 2BD/1BA, and one 1BD/1BA, with several units already updated and renovated on the interiors. Additional vacant units are currently under construction, allowing an investor to complete renovations to their standards and quickly elevate rents and overall NOI. The asset offers a strong pro forma gross income of $246,000 annually and sits in a rapidly improving corridor just minutes from major demand drivers—4 minutes to Gulfstream Park, 6 minutes to Hollywood Beach, 8 minutes to Aventura Mall, 10 minutes to I-95, and 15 minutes to Fort Lauderdale–Hollywood International Airport—ensuring exceptional accessibility and sustained rental demand.
Location
State FL
County Broward
Area 3040
Interior
Heating Window Unit, Wall Furnace
Cooling Wall/Window Unit(s)
Exterior
Private Pool Yes
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Others
Tax ID 514222130520
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11926141
Listed by Fausto Commercial Realty Consultants Inc