832 NW 10th St - Apartments FOR SALE


Hallandale Beach, FL 33009
$900,000 USD
954-743-7594
832 NW 10th St, Hallandale Beach, FL for Sale
$900,000 USD
Apartments - FOR SALE
1/24
null | 6.57% Cap Rate

832 NW 10th St
Hallandale Beach, FL 33009


HIGHLIGHTS

  • Unit Mix: Two 2-bed/1-bath units and two 1-bed/1-bath units
  • Prime Location: Three blocks from Pembroke Road I-95 exit, minutes to Fort Lauderdale & Miami
  • Zoning: WEST RAC, allowing future redevelopment potential
  • Value-Add Opportunity: Below-market rents with upside in a growing submarket
  • Proximity: Just two blocks south of Hollywood in rapidly developing Hallandale area

OVERVIEW

Rare opportunity to acquire a 4-unit apartment complex in a prime Hallandale location, just three blocks from the Pembroke Road I-95 exit and minutes from both Fort Lauderdale and Miami. Located at 832 NW 10th St., this 2,496 SF building sits on a 7,125 SF lot and includes two 2-bed/1-bath units and two 1-bed/1-bath units. Built in 1956 and zoned WEST RAC, the property offers strong value-add potential with below-market rents, future redevelopment upside, and a desirable position just two blocks south of Hollywood in a rapidly growing submarket.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$361 USD /SF

# OF UNITS

4

PRICE/UNIT

$225,000

CAP RATE

6.57%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hallandale 4-Unit Rental

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

RD-12, Hallandale Beach

APN/PARCEL ID

51-42-21-23-0220,51-42-21-23-0230,51-42-21-23-0240

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.