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Multifamily

842 NW 8th St

842 NW 8th St, Hallandale Beach, FL 33009

Listing Price: $800,000

Cap Rate
6.97%
Number of Units
4
GRM
8.94
Price/Unit
$200,000
Price/Gross SF
$328.27
Gross SF
2,437

Investment Overview

842 Northwest 8th Street is a 4-unit, single-story multifamily property built in 1959 of concrete block and stucco with a shingle roof. The unit mix consists of (4) two-bedroom/one-bathroom units. The building contains 2,437 square feet and sits on a 0.17-acre lot. All units have been renovated by current ownership and feature either vinyl wood-plank or ceramic tile flooring, with new kitchens and bathrooms, stainless steel appliances, and window/wall air conditioning units.

Located in the heart of Hallandale Beach, Florida, proximate to Pembroke Road, Dixie Highway, Federal Highway (US-1), and Interstate 95. The portfolio’s central location provides residents with convenient access to OB Johnson Park, Hallandale High School, McNicol Middle School, and numerous retail, dining, and recreational destinations. The area has experienced steady population growth, driven by its proximity to employment centers and coastal amenities.

Nearby points of interest include OB Johnson Park and Tennis Courts (0.1 miles), Dunkin’ (0.8 miles), Padel Life & Soccer (0.9 miles), The Big Easy Casino (1.4 miles), Atlantic Village (1.4 miles), Hallandale Beach YMCA Family Center (1.8 miles), Publix Super Market at Hallandale Place (2.0 miles), Hallandale Shopping Center (2.1 miles), Diplomat Mall Shopping Center (2.1 miles), Gulfstream Park Racing & Casino (2.2 miles), Starbucks (2.3 miles), HCA Florida Aventura Hospital (2.3 miles), Aventura Commons (2.4 miles), Orangebrook Golf & Country Club (2.5 miles), Joe DiMaggio Children’s Hospital & Memorial Regional Hospital (3.1 miles), and Fort Lauderdale–Hollywood International Airport (7.5 miles).

Nearby educational facilities include Hallandale High School (0.5 miles), McNicol Middle School (0.7 miles), and Colbert Elementary School (0.9 miles).

842 Northwest 8th Street is being offered for sale at $800,000 or $200,000 per unit

Investment Highlights

  • Renovated 4-unit: (4) 2BR/1BA units with new kitchens/baths, stainless appliances, and updated flooring.
  • Central Hallandale: Near Pembroke Rd, Dixie Hwy, US-1, and I-95 with easy access to parks, schools, and retail.
  • Walkable amenities: Steps to OB Johnson Park & Tennis Courts (0.1 mi) and close to major lifestyle destinations like Gulfstream Park (2.2 mi) and Atlantic Village (1.4 mi).

Exclusively Listed By

Multifamily

842 NW 8th St

Listing Price: $800,000

Cap Rate
6.97%
Number of Units
4
GRM
8.94
Price/Unit
$200,000
Price/Gross SF
$328.27
Gross SF
2,437

Investment Highlights

  • Renovated 4-unit: (4) 2BR/1BA units with new kitchens/baths, stainless appliances, and updated flooring.
  • Central Hallandale: Near Pembroke Rd, Dixie Hwy, US-1, and I-95 with easy access to parks, schools, and retail.
  • Walkable amenities: Steps to OB Johnson Park & Tennis Courts (0.1 mi) and close to major lifestyle destinations like Gulfstream Park (2.2 mi) and Atlantic Village (1.4 mi).

Investment Overview

842 Northwest 8th Street is a 4-unit, single-story multifamily property built in 1959 of concrete block and stucco with a shingle roof. The unit mix consists of (4) two-bedroom/one-bathroom units. The building contains 2,437 square feet and sits on a 0.17-acre lot. All units have been renovated by current ownership and feature either vinyl wood-plank or ceramic tile flooring, with new kitchens and bathrooms, stainless steel appliances, and window/wall air conditioning units. Located in the heart of Hallandale Beach, Florida, proximate to Pembroke Road, Dixie Highway, Federal Highway (US-1), and Interstate 95. The portfolio’s central location provides residents with convenient access to OB Johnson Park, Hallandale High School, McNicol Middle School, and numerous retail, dining, and recreational destinations. The area has experienced steady population growth, driven by its proximity to employment centers and coastal amenities. Nearby points of interest include OB Johnson Park and Tennis Courts (0.1 miles), Dunkin’ (0.8 miles), Padel Life & Soccer (0.9 miles), The Big Easy Casino (1.4 miles), Atlantic Village (1.4 miles), Hallandale Beach YMCA Family Center (1.8 miles), Publix Super Market at Hallandale Place (2.0 miles), Hallandale Shopping Center (2.1 miles), Diplomat Mall Shopping Center (2.1 miles), Gulfstream Park Racing & Casino (2.2 miles), Starbucks (2.3 miles), HCA Florida Aventura Hospital (2.3 miles), Aventura Commons (2.4 miles), Orangebrook Golf & Country Club (2.5 miles), Joe DiMaggio Children’s Hospital & Memorial Regional Hospital (3.1 miles), and Fort Lauderdale–Hollywood International Airport (7.5 miles). Nearby educational facilities include Hallandale High School (0.5 miles), McNicol Middle School (0.7 miles), and Colbert Elementary School (0.9 miles). 842 Northwest 8th Street is being offered for sale at $800,000 or $200,000 per unit

Exclusively Listed By

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