701 NE 8th St presents a rare opportunity to acquire a well-maintained multifamily asset in the heart of Hallandale Beach. The two-story, 6,044 SF garden-style building features 10 units and has been consistently operated at 100% occupancy, offering investors reliable day-one income with minimal operational friction. Built in 1973 and positioned within the CENTRAL RAC zoning district, the property provides both long-term stability and flexibility for future multifamily-oriented use.
Each unit has been thoughtfully modernized, creating an attractive and durable rental product that appeals to today’s residents. Interiors feature tile flooring, stainless steel appliances, premium kitchen cabinetry, quartz countertops, and updated bathrooms, resulting in a turnkey living experience with minimal maintenance requirements. Operational efficiency is enhanced through separate electrical metering, central air-conditioning, individual hot water heaters, a recently repaved parking area, and a roof that was replaced approximately five years ago. The property has also completed its 40-year recertification, providing added peace of mind for investors.
With strong in-place cash flow and clear potential to further elevate rents with little to no capital expenditure, the property represents a compelling acquisition for Multifamily and Low-Rise/Garden investors seeking a stable, income-producing asset. The location delivers consistent tenant demand and long-term retention, making this offering a standout opportunity within the Hallandale Beach multifamily market.