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324 NW 3rd St 324 NW 3rd St 8 Unit Apartment Building $1,954,288 CAD ($244,286 CAD/Unit) Hallandale Beach, FL 33009
INVESTMENT HIGHLIGHTS
- The building has been fully renovated and is 100% occupied
- Features upgraded interiors, modern kitchens,and updated fixtures throughout.
- Providing investors with immediate and stable cash flow
EXECUTIVE SUMMARY
324 NW 3rd Street in Hallandale Beach, FL offers a turnkey investment opportunity in one
of South Florida’s fastest-growing rental markets. The building has been fully renovated
and is 100% occupied, providing investors with immediate and stable cash flow.
The property generates a gross annual income of approximately $163,200 and features
upgraded interiors, modern kitchens, and updated fixtures throughout. With no deferred
maintenance and strong in-place rents, this asset is well-positioned for both steady income
and long-term appreciation.
Located minutes from Gulfstream Park, Hallandale Beach, Aventura, and major transit
corridors, the property benefits from strong tenant demand and ongoing neighborhood
redevelopment. 324 NW 3rd Street presents a rare opportunity to acquire a stabilized,
cash-flowing multifamily asset in the rapidly improving Hallandale Beach area
of South Florida’s fastest-growing rental markets. The building has been fully renovated
and is 100% occupied, providing investors with immediate and stable cash flow.
The property generates a gross annual income of approximately $163,200 and features
upgraded interiors, modern kitchens, and updated fixtures throughout. With no deferred
maintenance and strong in-place rents, this asset is well-positioned for both steady income
and long-term appreciation.
Located minutes from Gulfstream Park, Hallandale Beach, Aventura, and major transit
corridors, the property benefits from strong tenant demand and ongoing neighborhood
redevelopment. 324 NW 3rd Street presents a rare opportunity to acquire a stabilized,
cash-flowing multifamily asset in the rapidly improving Hallandale Beach area
PROPERTY FACTS
| Price | $1,954,288 CAD | Building Class | C |
| Price Per Unit | $244,286 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 4,976 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 2/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RD-12 - Multifamily | ||
| Price | $1,954,288 CAD |
| Price Per Unit | $244,286 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,976 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 2/1,000 SF |
| Zoning | RD-12 - Multifamily |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Refrigerator
- Oven
- Dining Room
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | - | 625 |
1 1
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 51-42-21-10-0010 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,303,327 CAD |
PROPERTY TAXES
Parcel Number
51-42-21-10-0010
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,303,327 CAD
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324 NW 3rd St | 324 NW 3rd St
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