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700 NE 6th St Hallandale Beach FL 700 NE 6th St 13 Unit Apartment Building $2,955,908 CAD ($227,378 CAD/Unit) 6.84% Cap Rate Hallandale Beach, FL 33009

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INVESTMENT HIGHLIGHTS

  • Near the Beach
  • EAST OF US-1
  • Near Hallandale Beach Blvd, Gulfstream, and Aventura Mall
  • 5-MINUTES TO I-95

EXECUTIVE SUMMARY

LOCATION LOCATION !!! 13 units Income Producing Property located IN HALLANDALE BEACH BLVD. 100% rented month to month. Located off of US-1 and hallandale beach blvd, minutes from gulf-stream park & casino, beaches, highways and more. A great Add Value property with rentals under market. Current Total Gross Income is around $18,000.00/MO. FOR MORE INFO CONTACT LISTING AGENT.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $351,663 $82.09
Other Income - -
Vacancy Loss - -
Effective Gross Income $351,663 $82.09
Taxes $35,166 $8.21
Operating Expenses $51,503 $12.02
Total Expenses $86,670 $20.23
Net Operating Income $264,993 $61.86

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income (CAD)
Annual $351,663
Annual Per SF $82.09
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $351,663
Annual Per SF $82.09
Taxes (CAD)
Annual $35,166
Annual Per SF $8.21
Operating Expenses (CAD)
Annual $51,503
Annual Per SF $12.02
Total Expenses (CAD)
Annual $86,670
Annual Per SF $20.23
Net Operating Income (CAD)
Annual $264,993
Annual Per SF $61.86

PROPERTY FACTS

Price $2,955,908 CAD
Price Per Unit $227,378 CAD
Sale Type Investment
Cap Rate 6.84%
No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 4,284 SF
Average Occupancy 95%
No. Stories 1
Year Built 1958
Parking Ratio 1.87/1,000 SF
Zoning RD-12 - MULTIFAMILY 10+ UNITS

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Heating
  • Refrigerator

SITE AMENITIES

  • 24 Hour Access
  • Courtyard

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 10 $1,938 CAD 534
1+1 2 $2,492 CAD 736
2+1 1 $3,323 CAD 1,055
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
51-42-22-13-0520
Land Assessment
$123,350 CAD (2025)
Improvements Assessment
$2,294,399 CAD (2025)
Total Assessment
$2,417,749 CAD (2025)
Annual Taxes
$35,166 CAD ($8.21 CAD/SF)
Tax Year
2023
  • Listing ID: 32423052

  • Date on Market: 2024-04-04

  • Last Updated:

  • Address: 700 NE 6th St, Hallandale Beach, FL 33009

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