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701 SW 6th St, Hallandale Beach FL 33009

Multi-family For Sale
$1,800,000

BTC: 29.28970989

ETH: 519.17935051

6 days
0 room(s)
3,955 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Not your typical Fourplex! This unique property features 4 large houses situated on a huge 1-acre development site. Consisting of two folios, the addresses are 701, 711, 721, and 721a SW 6th St. Beyond being an amazing income-producing asset, this prime lot offers the potential to build 14 new townhouses. The property includes one 4 bed/2 bath house, two 3 bed/2 bath houses, and one 2 bed/1 bath house. Currently fully occupied, it generates a gross annual income of just under $100k, with upside to increase to $144k annually when rents are raised to market rates. Each house has plenty of parking and a large yard. Minutes away from Gulfstream Park, Aventura mall, Shopping Centers, and pristine beaches, this property offers both current income and future development opportunities.

Location

Florida • Hallandale Beach • 33009 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1961
Lot:
No Data
Heating:
Central / Window/Wall
Price/sqft:
$455
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data
All facts and features

  • Flooring

    • Ceramic Floor

    • Other

    Heating

    • Central

    • Window/Wall

    Cooling

    • Central Air

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 514228330590

    • Zoning: RD-12

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $25,718

  • Source details

    • MLS ID: A11610018

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: 1 To Less Than 2 Acre Lot

    • Architectural Style: Detached

    • Living Area: 3955

    • Subdivision Name: South West Hallandale

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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 ©2024-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: Fausto Commercial Realty Consultants Inc