For Sale
$525,000

823-825 9 St Hallandale Beach, FL 33009

Renovated Duplex, Positive Cash Flow, Turnkey

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This fully renovated 1958-built duplex in Hallandale Beach, Florida offers a fantastic investment opportunity. Located at 823-825 NW 9th Street, 33009, this one-story property features two 1-bedroom, 1-bathroom units currently occupied by tenants, generating a gross annual income of $39,300. The property boasts a large fenced yard, providing additional appeal. Recent upgrades include a new roof (2022) and new central air conditioning, eliminating the need for immediate renovations. The current rental income is below market value, presenting a significant opportunity to increase profitability. Water costs approximately $155 per month. Conveniently situated east of I-95, near the Hepburn Center, this property enjoys proximity to transportation, parks, recreation, and shopping. This turnkey investment is ready for immediate income generation. The property is being offered at an asking price of $525,000. Please respect tenant privacy and refrain from contacting them directly.

Highlights

  • $525,000 asking price.
  • Multifamily property, specifically a duplex/triplex/quadruplex apartment building.
  • Built in 1958, one story.
  • Located at 823-825 NW 9th St, Hallandale Beach, FL 33009.
  • Fully renovated with new roof (2022) and central AC.
  • Two 1/1 units with tenants in place, generating $39,300 gross annual income.

Property Details for 823-825 9 St

Property type
Apartment buildings, Small apartment buildings
Year Built
1958
Stories
1

Location Insight

City
Hallandale Beach
County
Broward
State
Florida
Latitude
25.9943188
Longitude
-80.1596348

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FAQs

What type of property is this?
Apartment building - Renovated Duplex, Positive Cash Flow, Turnkey
Where is the apartment building located?
The property is located at 823-825 9 St Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: $525,000 asking price.; Multifamily property, specifically a duplex/triplex/quadruplex apartment building.; Built in 1958, one story.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Adi Gal
Adi Gal
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9 St
Hallandale Beach, FL 33009

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9 St
Hallandale Beach, FL 33009

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

823-825 9 St
  • Adi Gal
    Adi Gal
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