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701 NE 8th St 10 Unité Immeuble d’appartements 2 908 311 $ CAD (290 831 $ CAD/Unité) 4,94% Taux de capitalisation Hallandale Beach, FL 33009
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Rare Opportunity To Acquire A Well-Maintained Multifamily Asset In The Heart Of Hallandale Beach - 40-Year Recertification Was Completed
- Property Features Strong Day 1 Cash Flow With The Ability To Further Increase Rents By Almost 11.63% With Little To No Capital Expenditures
- All Units Separately Metered For Electricity - Units Offer Central Air-Conditioning Throughout And Separate Hot Water Heaters
- Two-Story Garden Style Building Situated On Approximately 0.21 Acres Of Land
- Spacious Units All Featuring Tile Flooring, Stainless Steel Appliances, Premium Kitchen Cabinetry, Quartz Countertops, Updated Bathrooms, And More
- Prime Hallandale Beach Location Within Walking Distance To The Big Easy Casino, Restaurants, Retailers, Nightlife
RÉSUMÉ DE L'ANNONCE
701 NE 8th St presents a rare opportunity to acquire a well-maintained multifamily asset in the heart of Hallandale Beach. The two-story, 6,044 SF garden-style building features 10 units and has been consistently operated at 100% occupancy, offering investors reliable day-one income with minimal operational friction. Built in 1973 and positioned within the CENTRAL RAC zoning district, the property provides both long-term stability and flexibility for future multifamily-oriented use.
Each unit has been thoughtfully modernized, creating an attractive and durable rental product that appeals to today’s residents. Interiors feature tile flooring, stainless steel appliances, premium kitchen cabinetry, quartz countertops, and updated bathrooms, resulting in a turnkey living experience with minimal maintenance requirements. Operational efficiency is enhanced through separate electrical metering, central air-conditioning, individual hot water heaters, a recently repaved parking area, and a roof that was replaced approximately five years ago. The property has also completed its 40-year recertification, providing added peace of mind for investors.
With strong in-place cash flow and clear potential to further elevate rents with little to no capital expenditure, the property represents a compelling acquisition for Multifamily and Low-Rise/Garden investors seeking a stable, income-producing asset. The location delivers consistent tenant demand and long-term retention, making this offering a standout opportunity within the Hallandale Beach multifamily market.
Each unit has been thoughtfully modernized, creating an attractive and durable rental product that appeals to today’s residents. Interiors feature tile flooring, stainless steel appliances, premium kitchen cabinetry, quartz countertops, and updated bathrooms, resulting in a turnkey living experience with minimal maintenance requirements. Operational efficiency is enhanced through separate electrical metering, central air-conditioning, individual hot water heaters, a recently repaved parking area, and a roof that was replaced approximately five years ago. The property has also completed its 40-year recertification, providing added peace of mind for investors.
With strong in-place cash flow and clear potential to further elevate rents with little to no capital expenditure, the property represents a compelling acquisition for Multifamily and Low-Rise/Garden investors seeking a stable, income-producing asset. The location delivers consistent tenant demand and long-term retention, making this offering a standout opportunity within the Hallandale Beach multifamily market.
FAITS SUR LA PROPRIÉTÉ
| Prix | 2 908 311 $ CAD | Classe d’immeuble | C |
| Prix par unité | 290 831 $ CAD | Taille du lot | 0,21 AC |
| Type de vente | Investissement | Taille du bâtiment | 6 044 pi² |
| Taux de capitalisation | 4,94% | Occupation moyenne | 100% |
| Nombre d’unités | 10 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction | 1973 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 1,99/1 000 pi² |
| Style d’appartement | De faible hauteur | ||
| Zonage | RD-12 - Zonage Résidentiel | ||
| Prix | 2 908 311 $ CAD |
| Prix par unité | 290 831 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 4,94% |
| Nombre d’unités | 10 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,21 AC |
| Taille du bâtiment | 6 044 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 2 |
| Année de construction | 1973 |
| Ratio de stationnement | 1,99/1 000 pi² |
| Zonage | RD-12 - Zonage Résidentiel |
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| Studios | 10 | - | - |
1 1
Walk Score®
Très pratique à pied (85)
Bike Score®
Très cyclable (73)
Impôts fonciers
| Numéro de lot | 51-42-22-13-1140 | Évaluation des bâtiments | 1 834 870 $ CAD |
| Évaluation du terrain | 128 403 $ CAD | Évaluation totale | 1 963 273 $ CAD |
Impôts fonciers
Numéro de lot
51-42-22-13-1140
Évaluation du terrain
128 403 $ CAD
Évaluation des bâtiments
1 834 870 $ CAD
Évaluation totale
1 963 273 $ CAD
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701 NE 8th St
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