324 NW 3rd St - Apartments FOR SALE


Hallandale Beach, FL 33009
$1,400,000 USD
305-507-7098
324 NW 3rd St, Hallandale Beach, FL for Sale
$1,400,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

324 NW 3rd St
Hallandale Beach, FL 33009


HIGHLIGHTS

  • The building has been fully renovated and is 100% occupied
  • Providing investors with immediate and stable cash flow
  • Features upgraded interiors, modern kitchens,and updated fixtures throughout.

OVERVIEW

324 NW 3rd Street in Hallandale Beach, FL offers a turnkey investment opportunity in one of South Florida’s fastest-growing rental markets. The building has been fully renovated and is 100% occupied, providing investors with immediate and stable cash flow. The property generates a gross annual income of approximately $163,200 and features upgraded interiors, modern kitchens, and updated fixtures throughout. With no deferred maintenance and strong in-place rents, this asset is well-positioned for both steady income and long-term appreciation. Located minutes from Gulfstream Park, Hallandale Beach, Aventura, and major transit corridors, the property benefits from strong tenant demand and ongoing neighborhood redevelopment. 324 NW 3rd Street presents a rare opportunity to acquire a stabilized, cash-flowing multifamily asset in the rapidly improving Hallandale Beach area

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$281 USD /SF

# OF UNITS

8

PRICE/UNIT

$175,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

324 NW 3rd St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

RD-12

APN/PARCEL ID

51-42-21-10-0010

ASK ABOUT THIS PROPERTY

Ernie PerezGridline PropertiesMore Info
305-507-7098

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Ernie PerezGridline PropertiesMore Info
305-507-7098

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