623 5 StHallandale Beach, FL 33009
- Apartment buildings
- 2,062 SF
Property Details for 623 5 St
- Year built
- 1965
- Property size (Sq ft)
- 2,062 SF
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
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.
Location Insight
- City
- Hallandale Beach
- County
- Broward
- State
- Florida
- Latitude
- 25.9918
- Longitude
- -80.1416
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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