705-713 NE 3rd St # 9 #1-9

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705-713 NE 3rd St # 9 #1-9

Hallandale Beach, FL 33009
Asking Price
$1.95M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Hallandale Beach
  • Asset offered at an asking price of $1,950,000
  • Located at 705-713 NE 3rd St in the 33009 area
  • Positioned within the active South Florida residential real estate market

What's Special

This multifamily apartment building is available for purchase at an asking price of $1,950,000. Situated in Hallandale Beach, Florida, the property occupies a strategic position within the 33009 zip code, providing access to the diverse amenities and coastal lifestyle characteristic of this region. The South Florida market continues to experience steady demand for residential space, driven by population growth and proximity to major regional employment hubs. As an apartment asset, this property serves as a stable vehicle for investors seeking to maintain a foothold in a competitive suburban market. The configuration supports various long-term leasing strategies, making it a functional addition to a multifamily portfolio. Proximity to local thoroughfares facilitates connectivity for residents, while the surrounding environment offers a mix of professional and recreational opportunities typical of the coastal Broward County landscape.

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NOI
$80,000
Cap Rate
4.10%
DSCR
0.69
Underwater
Cash-on-Cash
-6.11%
Monthly Payment
$9,647.536
Annual Cash Flow
$-35,770.433

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