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119 NW 3rd St, Hallandale Beach FL 33009

Multi-family For Sale
$599,000

BTC: 7.39506173

ETH: 244.58962842

24 days
0 room(s)
1,467 sqft

Overview

Exceptional investment and redevelopment opportunity in the heart of Hallandale Beach! The existing duplex features two separate units, each offering 2 bedrooms and 1 full bathroom. Both units are currently vacant and rent-ready, providing immediate rental income potential while an investor or developer explores future redevelopment opportunities. Situated on a 7,506 SF lot, the property offers significant future development potential in an area experiencing continued residential and commercial growth. According to public records, the property is located within the Central RAC (Regional Activity Center) zoning district with a Property Use Code of 08 – Multi-Family (Less Than 10 Units). Preliminary information suggests a base density of approximately three (3) residential units with potential for up to eight (8) units; however, all zoning, density, permitted uses, development rights, approvals, and building requirements must be independently verified by Buyer with the City of Hallandale Beach and applicable governmental agencies. Ideally located minutes from the beach, Gulfstream Park, Aventura Mall, shopping, dining, entertainment, Fort Lauderdale-Hollywood International Airport, Miami International Airport, and with convenient access to I-95. An excellent opportunity for an investor, builder, or developer to generate rental income today while positioning the property for potential future redevelopment.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1962
Lot:
No Data
Heating:
None
Price/sqft:
$408
Cooling:
Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$509,950
$386K – $634K
Confidence Low
List vs. estimate
$89K above estimate
List $599,000 · +17.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$408
+1.0% vs. city median $404
Based on
28 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,313
2026
Parking
6 spaces
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • None

    Cooling

    • Electric

  • Property

    • Exterior Features: Barbeque

    Other Property Information

    • Parcel Number: 514228020170

    • Zoning: CENTRAL RAC

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $8,313

  • Source details

    • MLS ID: A12068944

    Other facts

    • Construction Materials: Concrete Block Construction / Brick

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Deck / Open Porch

    • Window Features: Blinds

    • Architectural Style: Attached

    • Living Area: 1467

    • Subdivision Name: TOWN OF HALLANDALE B-13

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty