119 SE 9th St - Apartments FOR SALE


Hallandale Beach, FL 33009
$1,700,000 USD
954-743-7594
119 SE 9th St, Hallandale Beach, FL for Sale
$1,700,000 USD
Apartments - FOR SALE
1/2
null | 6.02% Cap Rate

119 SE 9th St
Hallandale Beach, FL 33009


HIGHLIGHTS

  • Three 1B/1B Bath and 5 Studios

OVERVIEW

Seller financing available with attractive terms! Introducing 119 SE 9th St, a turnkey 8-unit multifamily gem in the heart of Hallandale Beach, just minutes from Gulfstream Shops and Casino and a 5-minute drive to Aventura Mall. This mostly renovated property features a mix of three 1-bed/1-bath units and five spacious studio units, many with updated flooring, kitchen cabinets, and bathrooms. Recent enhancements include a freshly painted exterior, revamped parking lot, and new impact windows and doors, offering both durability and curb appeal. Fully occupied and generating $102,000 in Net Operating Income, this property delivers a solid 6% cap rate at the asking price. A rare investment opportunity in a prime location!

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$663 USD /SF

# OF UNITS

8

PRICE/UNIT

$212,500

CAP RATE

6.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

RD-12

APN/PARCEL ID

51-42-27-15-0200

ASK ABOUT THIS PROPERTY

Elior LeviFausto Commercial Realty ConsultantsMore Info
954-743-7594

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Elior LeviFausto Commercial Realty ConsultantsMore Info
954-743-7594

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.