615 & 619 NE 3 STREET - Apartments FOR SALE


Hallandale Beach, FL 33009
$1,750,000 USD
305-926-3106
615 & 619 NE 3 STREET, Hallandale Beach, FL for Sale
$1,750,000 USD
Apartments - FOR SALE
1/8
null | 6.31% Cap Rate

615 & 619 NE 3 STREET
Hallandale Beach, FL 33009


HIGHLIGHTS

  • Unparallel considerable tremendous upside potential
  • Rentals are under market, Potential CAP Return 10.50%
  • Located East of North Federal Hwy, Super Location.!!!!!
  • Located minutes from Gulf Stream Park & Casino, Beaches, US1, I-95.
  • Close to Shopping Centers, Public Transportation and Gulf Stream Casino
  • In the heart of the City of Hallandale Beach which provides a gorgeous and modern metropolis city with gorgeous beaches.

OVERVIEW

8 units Income Producing Property located in the heart of Hallandale Beach, FL Consisted of 2 Buildings 615 NE 3 Street & 619 NE 3 Street of 4 Apartments each Building, both properties are next to each other with a Total of 8 Apartments Located minutes from Gulf Stream Park & Casino, Beaches, US1, I-95. Just east of North Federal Hwy, makes this investment very attractive to investors and poised significant appreciation. Rentals are under market, Potential CAP Return 10.50%, with an unparallel considerable tremendous upside potential, this is an opportunity, don't want to miss.. Building Size: 3,385 sf in a 8,840 sf Land. Potential 10.50% Return on Investment Also, you can buy each Building for $875,000, instead of buying both properties together In the heart of the City of Hallandale Beach which provides a gorgeous and modern metropolis city with gorgeous beaches. See Brochure attached Income & Expenses All Offers will be consider, make your offer now. Call Now.!!!!

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$517 USD /SF

# OF UNITS

8

PRICE/UNIT

$218,750

CAP RATE

6.31%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HALLANDALE BEACH APARTMENTS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,394 SF

ZONING

-

APN/PARCEL ID

51-42-22-13-0150

ASK ABOUT THIS PROPERTY

David HeinrichThe Keyes CompanyMore Info
305-926-3106

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David HeinrichThe Keyes CompanyMore Info
305-926-3106

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