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803 NE 8th St
Hallandale Beach, FL 33009
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Three 1 Bed/1 Bath Units (573 SF each) in an adjacent triplex
- New Roofs; Triplex (Feb2024) and 3/2 House (Feb 2025)
- Impact Windows and Doors Throughout | Located East of Federal Highway – a Prime, High-Demand Rental Zone
- Freestanding 3 Bed/2 Bath Home (1,423 SF, recently renovated)
- Gated Entry with Secured Access | Lush, Tropical Landscaping Enhances Curb Appeal
- Individual Electric Meters | One Water Meter with Individual Shutoff Valves
Executive Summary
Rare East of US-1 4-Plex Opportunity in Hallandale Beach’s Booming Federal Highway Corridor
Available for the first time since 2012, this well-maintained 4-Plex is a standout investment opportunity located east of US-1 in the heart of Hallandale Beach’s rapidly transforming mixed-use district. Positioned in a neighborhood experiencing an estimated $1 billion in new development, the property offers tremendous upside in a high-growth submarket directly influenced by Aventura’s southward expansion.
Whether you’re an owner-occupant seeking stable income or an investor looking to capitalize on the area’s explosive momentum, this versatile asset delivers the location, unit mix, and infrastructure to support strong, long-term returns.
Property Highlights
Freestanding 3 Bed/2 Bath Home (1,423 SF, recently renovated)
Three 1 Bed/1 Bath Units (573 SF each) in an adjacent triplex
New Roofs; Triplex (Feb2024) and 3/2 House (Feb 2025)
Gated Entry with Secured Access
Impact Windows and Doors Throughout
Individual Electric Meters
One Water Meter with Individual Shutoff Valves – Ideal for Future Submetering
Lush, Tropical Landscaping Enhances Curb Appeal
All Units on Annual Leases with Staggered Expirations
Located East of Federal Highway – a Prime, High-Demand Rental Zone
?? Strategic Location
This property is situated within Hallandale’s urban core, surrounded by a wave of mixed-use and commercial development that’s redefining the Federal Highway corridor. Just minutes from Gulfstream Park, the beach, Aventura Mall, and major transit routes, this location benefits from the vibrancy of both Hallandale and Aventura, creating a synergistic, high-demand rental market.
Available for the first time since 2012, this well-maintained 4-Plex is a standout investment opportunity located east of US-1 in the heart of Hallandale Beach’s rapidly transforming mixed-use district. Positioned in a neighborhood experiencing an estimated $1 billion in new development, the property offers tremendous upside in a high-growth submarket directly influenced by Aventura’s southward expansion.
Whether you’re an owner-occupant seeking stable income or an investor looking to capitalize on the area’s explosive momentum, this versatile asset delivers the location, unit mix, and infrastructure to support strong, long-term returns.
Property Highlights
Freestanding 3 Bed/2 Bath Home (1,423 SF, recently renovated)
Three 1 Bed/1 Bath Units (573 SF each) in an adjacent triplex
New Roofs; Triplex (Feb2024) and 3/2 House (Feb 2025)
Gated Entry with Secured Access
Impact Windows and Doors Throughout
Individual Electric Meters
One Water Meter with Individual Shutoff Valves – Ideal for Future Submetering
Lush, Tropical Landscaping Enhances Curb Appeal
All Units on Annual Leases with Staggered Expirations
Located East of Federal Highway – a Prime, High-Demand Rental Zone
?? Strategic Location
This property is situated within Hallandale’s urban core, surrounded by a wave of mixed-use and commercial development that’s redefining the Federal Highway corridor. Just minutes from Gulfstream Park, the beach, Aventura Mall, and major transit routes, this location benefits from the vibrancy of both Hallandale and Aventura, creating a synergistic, high-demand rental market.
Property Facts
| Price Per Unit | $374,140 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Cap Rate | 5.86% | Building Size | 4,027 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1956/1990 |
| Apartment Style | Garden | ||
| Zoning | RD-12 - Residential Multi-Family | ||
| Price Per Unit | $374,140 CAD |
| Sale Type | Investment |
| Cap Rate | 5.86% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 4,027 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1956/1990 |
| Zoning | RD-12 - Residential Multi-Family |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $2,109 CAD | 573 |
| 3+2 | 1 | $4,190 CAD | 573 |
Property Taxes
| Parcel Number | 51-42-22-13-2030 | Improvements Assessment | $712,756 CAD |
| Land Assessment | $138,135 CAD | Total Assessment | $850,891 CAD |
Property Taxes
Parcel Number
51-42-22-13-2030
Land Assessment
$138,135 CAD
Improvements Assessment
$712,756 CAD
Total Assessment
$850,891 CAD
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