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3740 W Hallandale Beach Blvd
Pembroke Park, FL 33023

$1,700,000 USD

Apartments For Sale  •  2,110 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,220 SF
  • Lot Size 0.16 AC
  • Building Class C
  • Year Built 1961
  • Cap Rate 6.70 %
  • Zoning B-1, 008
30 Transit Score
50 Walk Score

Highlights

Desirable Unit Mix: Four 1-bedroom and four 2-bedroom units offering broad tenant appeal.
Strong In-Place Income: Approximately $153,600 in current gross operating income.
Substantial Land Component: 8-unit portfolio situated on a sizable 14,000 SF lot.
Property Improvements: Several units feature impact windows for enhanced durability and protection.
Multifamily Upside: Opportunity for continued rental growth and long-term value appreciation.
Strategic Location: Conveniently located near I-95, US-441, the beach, and major employment centers.

Financial Summary (Actual)

Net Operating Income: $107,074 USD (2025)
Cap Rate: 6.70 %
Total Expenses: $46,526 USD

Public Transportation

Commuter RailDriveWalkDistance
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 6 min - 2.9 mi
8 min - 3.8 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 14 min - 8.1 mi
Miami International 38 min - 22.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Elior Levi 954-743-7594 Fausto Commercial Realty Consultants
Elior Levi 954-743-7594 Fausto Commercial Realty Consultants