718 NE 3rd St , 1-8

    Hallandale, FL 33009
    • $925,000
    • STATUS: Active
    • ON SITE: 154 days
    • MLS #: A10468893
    UPDATED: 46 min ago
    $925,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1954
    County:
    Area:

    School Ratings & Info

    Description

    Well-maintained and fully-renovated investment east of US-1 in fast-growing area of Hallandale Beach. The building is fully occupied with a gross return of 9.67% at asking price! Rents are below-market and can be improved with many new developments in the immediate area. Building consists of 8 units with 4 large 1/1 units with private yards and 4 studio apartments. Property currently licensed as non-transient apartment but could be changed to transient license to allow short term rentals like AirBNB.

    Monthly Payment Calculator



    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-10-16T07:40:28.413.
    www.welovesouthflorida.com/homes/83549165

    718 NE 3rd St , 1-8 Hallandale, FL 33009

    • Price: $925,000
    • Status: Active
    • Updated: 46 min ago
    • MLS #: A10468893
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    1954
    Built
    Neighborhood:
    3040
    County:
    Broward
    Area:
    3040
    Property Description
    Well-maintained and fully-renovated investment east of US-1 in fast-growing area of Hallandale Beach. The building is fully occupied with a gross return of 9.67% at asking price! Rents are below-market and can be improved with many new developments in the immediate area. Building consists of 8 units with 4 large 1/1 units with private yards and 4 studio apartments. Property currently licensed as non-transient apartment but could be changed to transient license to allow short term rentals like AirBNB.
    Exterior Features

    Construction Type Concrete Block ConstructionCbs Construction Num Loading Doors 0 Num Parking Spaces 8 Parking Description Other Parking Roof Description Built-Up Roof Waterfront Property Yn No

    Interior Features

    Ceiling Description Sheet Rock Cooling Description Wall/Window Unit Cooling Floor Description Tile Floors Heating Description Wall/Window Units Interior Ceiling Height 8.0000 Maximum Ceiling Height 0.0000 Num Offices 0

    Property Features

    Approximate Lot Size 8616 Electric Service 0-100 Amps Fire Protection Smoke Detector Flood Zone Ae Information Available Copy Of Lease(S)Owner Managed Insurance Expense 2380 Lease Term Info Annual LeaseMonth To Month LeaseSubject To Lease Location Of Property City LocationIn Residential Area Num Bays 0 Ownership Corporation Property Description 8 Unit Apartment Building Reo YN No Sale Includes Building & LandLeases Section 27 Sewer Description Public Sanitation Short Sale Yn No Special Information Presently Leased Style Of Property Income Non-Waterfront Tax Amount 11844 Tax Year 2017 Terms Considered All CashConventional/Refinance Typeof Property Income Water Description Public Water Year Built Description Resale

    Listing courtesy of Ewm Realty International.


    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-10-16T07:40:28.413.
     
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