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Hallandale Beach Apartments 705-713 NE 3rd St 9 Unité Immeuble d’appartements 2 961 625 $ CAD (329 069 $ CAD/Unité) Hallandale Beach, FL 33009

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Faits saillants de l'investissement

True Live-Work-Play Destination in Hallandale Beach, FL
Massive Development Momentum Around It
New luxury towers, retail centers, and mixed-use projects are clustering around Gulfstream.

Higher tenant demand, Ability to increase rents, lower vacancy
Hallandale Beach has $1B+ in active and planned development and over 24 major projects reshaping the skyline.
Excellent opportunity to acquire a 9-unit multifamily property situated on a 13,430 SF (0.31-acre) lot.

Résumé de l'annonce

Amazing Opportunity – 9 Apartment Units on an Oversized 13,430 SF Lot (0.31 Acres) This is a rare value-add opportunity featuring 9 apartment units situated on an oversized 13,430 SF lot (0.31 acres). The property offers several recent improvements, including impact windows installed by the previous owner and a new roof completed in 2018. Interior finishes include a mix of vinyl flooring and tile flooring throughout the units. In terms of cooling, 2 units have split A/C systems and 7 units have window A/C units. 9 Assigned Parking Spaces Current rents are below market, creating significant upside potential for a new owner. The location is exceptional, and the redevelopment potential is tremendous. According to zoning, the property may allow for the development of a new 5-story multifamily building with up to 15.42 units and approximately 8,774 SF of building area. Investment Highlights: Strong value-add play through rent increases Opportunity to modernize units and significantly boost NOI Large lot offering future redevelopment optionality Located in a prime rental corridor with strong demand fundamentals This creates a rare covered land play — generate income today while planning a future redevelopment exit. You’re not buying into a location — you’re buying into an established urban core. Buyer must independently verify all zoning, density, and development potential with the appropriate zoning department and conduct their own due diligence.

Faits sur la propriété

Prix	2 961 625 $ CAD	Classe d’immeuble	C
Prix par unité	329 069 $ CAD	Taille du lot	0,31 AC
Type de vente	Investissement	Taille du bâtiment	3 824 pi²
Nombre d’unités	9	Occupation moyenne	100%
Type de propriété	Immeuble residentiel	Nombre d’étages	1
Sous-type de propriété	Appartement	Année de construction	1951
Style d’appartement	De faible hauteur	Ratio de stationnement	2,61/1 000 pi²
Zonage	RD-12 - According to zoning, the property may allow for the development of a new 5-story multifamily building with up to 15.42 units and approx. 8,774 sf

Prix	2 961 625 $ CAD
Prix par unité	329 069 $ CAD
Type de vente	Investissement
Nombre d’unités	9
Type de propriété	Immeuble residentiel
Sous-type de propriété	Appartement
Style d’appartement	De faible hauteur
Classe d’immeuble	C
Taille du lot	0,31 AC
Taille du bâtiment	3 824 pi²
Occupation moyenne	100%
Nombre d’étages	1
Année de construction	1951
Ratio de stationnement	2,61/1 000 pi²
Zonage	RD-12 - According to zoning, the property may allow for the development of a new 5-story multifamily building with up to 15.42 units and approx. 8,774 sf