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Multifamily

750 NW 9th Ave

750 NW 9th Ave, Hallandale Beach, FL 33009

Listing Price: $2,170,000

Cap Rate
5.42%
Number of Units
14
GRM
9.09
Price/Unit
$155,000
Price/Gross SF
$369.36
Gross SF
5,875

Investment Overview

750 Northwest 9th Avenue is a 14-unit apartment complex, consisting of three single-story buildings constructed in 1956 of concrete block and stucco with shingle and flat roofs. The unit mix consists of (14) one-bedroom/one-bathroom units. The building contains approximately 5,875 square feet and sits 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).

750 Northwest 9th Avenue is being offered for sale at $2,170,000 or $155,000 per unit

Investment Highlights

  • Renovated 14-unit complex: (14) one-bedroom/one-bathroom units across three single-story buildings (approximately 5,875 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 area: Close to OB Johnson Park and Tennis Courts (0.1 miles), Gulfstream Park Racing and Casino (2.2 miles), Aventura, and Fort Lauderdale–Hollywood International Airport (7.5 miles).

Exclusively Listed By

Multifamily

750 NW 9th Ave

Listing Price: $2,170,000

Cap Rate
5.42%
Number of Units
14
GRM
9.09
Price/Unit
$155,000
Price/Gross SF
$369.36
Gross SF
5,875

Investment Highlights

  • Renovated 14-unit complex: (14) one-bedroom/one-bathroom units across three single-story buildings (approximately 5,875 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 area: Close to OB Johnson Park and Tennis Courts (0.1 miles), Gulfstream Park Racing and Casino (2.2 miles), Aventura, and Fort Lauderdale–Hollywood International Airport (7.5 miles).

Investment Overview

750 Northwest 9th Avenue is a 14-unit apartment complex, consisting of three single-story buildings constructed in 1956 of concrete block and stucco with shingle and flat roofs. The unit mix consists of (14) one-bedroom/one-bathroom units. The building contains approximately 5,875 square feet and sits 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). 750 Northwest 9th Avenue is being offered for sale at $2,170,000 or $155,000 per unit

Exclusively Listed By

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