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Multifamily

725 NW 7th Ave

725 NW 7th Ave, Hallandale Beach, FL 33009

Listing Price: $3,040,000

Cap Rate
6.22%
Number of Units
16
GRM
8.98
Price/Unit
$190,000
Price/Gross SF
$328.44
Gross SF
9,256

Investment Overview

725–809 Northwest 7th Avenue is a 16-unit apartment complex, consisting of four single-story buildings constructed between 1960 and 1961 of concrete block and stucco with shingle roofs. The unit mix consists of (16) two-bedroom/one-bathroom units. The buildings total 9,256 square feet and are situated on a 0.66-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).

725–809 Northwest 7th Avenue is being offered for sale at $3,040,000 or $190,000 per unit.

Investment Highlights

  • Renovated 16-unit complex: (16) 2BR/1BA units across four single-story buildings (9,256 SF on 0.66 acres).
  • Core Hallandale Location, Easy Access to Pembroke Road, Dixie Highway, Federal Highway (US-1), and I-95.
  • Amenity-Rich Area, Near OB Johnson Park (0.1 mi), Gulfstream Park (2.2 mi), Aventura and FLL (7.5 mi)

Exclusively Listed By

Multifamily

725 NW 7th Ave

Listing Price: $3,040,000

Cap Rate
6.22%
Number of Units
16
GRM
8.98
Price/Unit
$190,000
Price/Gross SF
$328.44
Gross SF
9,256

Investment Highlights

  • Renovated 16-unit complex: (16) 2BR/1BA units across four single-story buildings (9,256 SF on 0.66 acres).
  • Core Hallandale Location, Easy Access to Pembroke Road, Dixie Highway, Federal Highway (US-1), and I-95.
  • Amenity-Rich Area, Near OB Johnson Park (0.1 mi), Gulfstream Park (2.2 mi), Aventura and FLL (7.5 mi)

Investment Overview

725–809 Northwest 7th Avenue is a 16-unit apartment complex, consisting of four single-story buildings constructed between 1960 and 1961 of concrete block and stucco with shingle roofs. The unit mix consists of (16) two-bedroom/one-bathroom units. The buildings total 9,256 square feet and are situated on a 0.66-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). 725–809 Northwest 7th Avenue is being offered for sale at $3,040,000 or $190,000 per unit.

Exclusively Listed By

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