803 NE 8th St - Apartments FOR SALE


Hallandale Beach, FL 33009
$1,500,000 USD
954-923-2325
803 NE 8th St, Hallandale Beach, FL for Sale
$1,500,000 USD
Apartments - FOR SALE
1/21
null | 4.3% Cap Rate

803 NE 8th St
Hallandale Beach, FL 33009


HIGHLIGHTS

  • Three 1 Bed/1 Bath Units (573 SF each) in an adjacent triplex
  • Freestanding 3 Bed/2 Bath Home (1,423 SF, recently renovated)
  • New Roofs; Triplex (Feb2024) and 3/2 House (Feb 2025)
  • Gated Entry with Secured Access | Lush, Tropical Landscaping Enhances Curb Appeal
  • Impact Windows and Doors Throughout | Located East of Federal Highway – a Prime, High-Demand Rental Zone
  • Individual Electric Meters | One Water Meter with Individual Shutoff Valves

OVERVIEW

Rare East of US-1 4-Plex Opportunity in Hallandale Beach’s Booming Federal Highway Corridor Available for the first time since 2012, this well-maintained 4-Plex is a standout investment opportunity located east of US-1 in the heart of Hallandale Beach’s rapidly transforming mixed-use district. Positioned in a neighborhood experiencing an estimated $1 billion in new development, the property offers tremendous upside in a high-growth submarket directly influenced by Aventura’s southward expansion. Whether you’re an owner-occupant seeking stable income or an investor looking to capitalize on the area’s explosive momentum, this versatile asset delivers the location, unit mix, and infrastructure to support strong, long-term returns. Property Highlights Freestanding 3 Bed/2 Bath Home (1,423 SF, recently renovated) Three 1 Bed/1 Bath Units (573 SF each) in an adjacent triplex New Roofs; Triplex (Feb2024) and 3/2 House (Feb 2025) Gated Entry with Secured Access Impact Windows and Doors Throughout Individual Electric Meters One Water Meter with Individual Shutoff Valves – Ideal for Future Submetering Lush, Tropical Landscaping Enhances Curb Appeal All Units on Annual Leases with Staggered Expirations Located East of Federal Highway – a Prime, High-Demand Rental Zone ?? Strategic Location This property is situated within Hallandale’s urban core, surrounded by a wave of mixed-use and commercial development that’s redefining the Federal Highway corridor. Just minutes from Gulfstream Park, the beach, Aventura Mall, and major transit routes, this location benefits from the vibrancy of both Hallandale and Aventura, creating a synergistic, high-demand rental market.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$372 USD /SF

# OF UNITS

4

PRICE/UNIT

$375,000

CAP RATE

4.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,239 SF

ZONING

RD-12

APN/PARCEL ID

51-42-22-13-2030

ASK ABOUT THIS PROPERTY

Peter DackoMedia RealtyMore Info
954-923-2325

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Peter DackoMedia RealtyMore Info
954-923-2325

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