For Sale
$719,000

623 5 St Hallandale Beach, FL 33009

Prime Hallandale Beach duplex, two 2/2 units, high rental income.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a 1-story, 2,062 square foot duplex located at 623 NE 5th ST, Hallandale Beach, FL 33009, in Broward County. Built in 1965, this property boasts two legally permitted 2-bedroom, 2-bathroom units, each with its own private backyard. Currently generating substantial rental income with long-term tenants—Unit 1 at $2200 per month and Unit 2 at $2000 per month—this property offers immediate cash flow. The property features hurricane impact windows and a recently installed fence. The roof is in good condition. Situated east of US 1 in a well-developed area with abundant shops and restaurants, this duplex presents a compelling investment in a highly desirable location. Proof of funds and an escrow letter showing a deposit are required before submitting an offer and viewing the property. Seller financing is available with up to 70% LTV at a very competitive interest-only rate. Do not disturb tenants.

Highlights

  • $719,000 asking price.
  • Hallandale Beach, FL multifamily investment opportunity.
  • Two-unit duplex (2/2 each), totaling 2,062 square feet.
  • Currently generating $4,200 monthly rental income from long-term tenants.
  • Features include hurricane impact windows and a new fence.

Property Details for 623 5 St

Property type
Apartment buildings, Small apartment buildings
Square Feet
2,062 SF
Year Built
1965
Stories
1
Units
2

Location Insight

City
Hallandale Beach
County
Broward
State
Florida
Latitude
25.9917942
Longitude
-80.1416143

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FAQs

What type of property is this?
Apartment building - Prime Hallandale Beach duplex, two 2/2 units, high rental income.
Where is the apartment building located?
The property is located at 623 5 St Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $719,000.
What are key features of this property?
This property features: $719,000 asking price.; Hallandale Beach, FL multifamily investment opportunity.; Two-unit duplex (2/2 each), totaling 2,062 square feet.
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

Yuliya Prysedska

Learn more

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5 St
Hallandale Beach, FL 33009

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5 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.

623 5 St
  • Yuliya Prysedska
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