1457 Atlantic Shores Blvd

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1457 Atlantic Shores Blvd

Hallandale Beach, FL 33009
Asking Price
$1.20M
Asset Type
Multifamily
Class
Class B

What's Special

1457 Atlantic Shores Blvd is situated in the coastal community of Hallandale Beach, positioned between the Intracoastal Waterway and major transit corridors. The surrounding neighborhood is characterized by a mix of residential developments and commercial centers. Residents have immediate access to the retail and dining options at the nearby Diplomat Mall and Gulfstream Park. The location offers efficient transportation connectivity via US-1 and Interstate 95, facilitating commutes to the central business districts of both Fort Lauderdale and Miami. The property is well-suited for long-term residential leasing or corporate housing due to its proximity to regional employment hubs and local beaches. The typical tenant profile includes professionals seeking a central South Florida location, as well as service-industry employees working within the nearby hospitality and retail sectors. Given the area's demographics, the asset provides a functional option for individuals or small households looking for accessibility to coastal amenities and established transit routes.

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

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