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Multifamily

809 NW 7th St

809 NW 7th St, Hallandale Beach, FL 33009

Listing Price: $1,520,000

Cap Rate
6.46%
Number of Units
8
GRM
9.10
Price/Unit
$190,000
Price/Gross SF
$311.86
Gross SF
4,874

Investment Overview

809–813 Northwest 7th Street is an 8-unit apartment complex, consisting of two single-story buildings constructed in 1959 of concrete block and stucco with shingle roofs. The unit mix consists of (8) two-bedroom/one-bathroom units. The building contains 4,874 square feet and is situated on a 0.33-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).

829–837 Northwest 10th Street is being offered for sale at $1,520,000 or $190,000 per unit

Investment Highlights

  • Renovated 8-unit complex: (8) two-bedroom/one-bathroom units across two single-story buildings (4,874 square feet on 0.33 acres)
  • Central Hallandale Beach location: Near Pembroke Road, Dixie Highway, Federal Highway (U.S.-1), and Interstate 95
  • Amenity-rich surroundings: Close to OB Johnson Park and Tennis Courts (0.1 miles), Atlantic Village (1.4 miles), Gulfstream Park Racing and Casino (2.2 miles), and Aventura-area retail/medical

Exclusively Listed By

Multifamily

809 NW 7th St

Listing Price: $1,520,000

Cap Rate
6.46%
Number of Units
8
GRM
9.10
Price/Unit
$190,000
Price/Gross SF
$311.86
Gross SF
4,874

Investment Highlights

  • Renovated 8-unit complex: (8) two-bedroom/one-bathroom units across two single-story buildings (4,874 square feet on 0.33 acres)
  • Central Hallandale Beach location: Near Pembroke Road, Dixie Highway, Federal Highway (U.S.-1), and Interstate 95
  • Amenity-rich surroundings: Close to OB Johnson Park and Tennis Courts (0.1 miles), Atlantic Village (1.4 miles), Gulfstream Park Racing and Casino (2.2 miles), and Aventura-area retail/medical

Investment Overview

809–813 Northwest 7th Street is an 8-unit apartment complex, consisting of two single-story buildings constructed in 1959 of concrete block and stucco with shingle roofs. The unit mix consists of (8) two-bedroom/one-bathroom units. The building contains 4,874 square feet and is situated on a 0.33-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). 829–837 Northwest 10th Street is being offered for sale at $1,520,000 or $190,000 per unit

Exclusively Listed By

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