916 SW 10th St

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916 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 located in Hallandale Beach Florida
  • Asset available for purchase at an asking price of $1,175,000
  • Strategically situated in the active South Florida real estate market
  • Property features a convenient location at 916 SW 10th St
  • Multifamily configuration suitable for various long-term investment strategies

What's Special

Hallandale Beach serves as a vibrant coastal corridor within the Greater Miami area, benefiting from its strategic positioning between Fort Lauderdale and Miami. This professional landscape draws residents seeking proximity to major employment hubs and regional transit arteries like I-95. The asset at 916 SW 10th St comprises a multifamily apartment building totaling $1,175,000 in asking price. Investors looking for residential income opportunities in this growing market may find the property suitable for long-term rental hold strategies. Given the continued demand for housing in South Florida, this apartment building provides a functional addition to a diverse real estate portfolio. Prospective buyers can capitalize on the region's steady population influx and the inherent utility of well-positioned multifamily assets within this established neighborhood.

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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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