List Search

700 NE 6th St
Hallandale Beach, FL 33009

$2,300,000 USD

Apartments For Sale  •  4,284 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,284 SF
  • Lot Size 0.2 AC
  • Building Class C
  • Year Built 1958
  • Cap Rate 6.35 %
  • Zoning RD-12
43 Transit Score
83 Walk Score

Highlights

Prime Hallandale Beach Location: Just off US-1 near Gulfstream Park, Hollywood Beach, Aventura Mall, I-95, and FLL Airport.
13-Unit Value-Add Multifamily: Strong unit mix with 11 studios, one 2BD/1BA, and one 1BD/1BA.
Renovation Upside: Several units renovated; additional vacant units under construction for rent growth.
Strong Pro Forma Income: Projected gross income of approximately $246,000 annually.
Growing Submarket: Located in an improving corridor with consistent rental demand.

Financial Summary (Proforma)

Net Operating Income: $162,300 USD (2025)
Cap Rate: 6.35 %
Total Expenses: $83,700 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Cable Ready
  • Courtyard
  • Heating
  • Refrigerator

Public Transportation

Commuter RailDriveWalkDistance
Aventura (Mainline - Brightline) 6 min - 2.9 mi
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 6 min - 3.1 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 15 min - 8.1 mi
Miami International 41 min - 23.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Elior Levi 954-743-7594 Fausto Commercial Realty Consultants
Elior Levi 954-743-7594 Fausto Commercial Realty Consultants