904 SW 10th St

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904 SW 10th St

Hallandale Beach, FL 33009
Asking Price
$1.18M
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
  • Located at 904 SW 10th St in Broward County
  • Asset offered at a total asking price of $1,175,000
  • Positioned within the active Miami to Fort Lauderdale corridor
  • Well-suited for residential rental investment or repositioning strategies

What's Special

Hallandale Beach serves as a strategic coastal market in South Florida, positioned between Miami and Fort Lauderdale. This multifamily apartment building at 904 SW 10th St benefits from its proximity to major transportation arteries and the ongoing regional demand for residential rental housing. As part of a highly accessible corridor, the property occupies a location that draws tenants seeking the balance of coastal living and central business access. Investors may find this asset suitable for long-term residential leasing strategies or value-add repositioning within the active Broward County market. Given the site context, the building supports typical apartment community operations for local workforces or regional commuters. This asset represents a tangible real estate holding in a market characterized by consistent migration and population growth, providing functionality for standard multifamily management requirements.

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NOI
$80,000
Cap Rate
6.81%
DSCR
1.15
Tight
Cash-on-Cash
2.91%
Monthly Payment
$5,813.259
Annual Cash Flow
$10,240.893

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