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823-825 NW 9th St
Hallandale Beach, FL 33009

$435,000 USD

Apartments For Sale • 1,028 SF

Property Details

Property Type Apartments
Total Building Size 1,028 SF
Lot Size 0.09 AC
Building Class C
Year Built 1960
Cap Rate 7.13 %
Zoning WEST RAC

30 Transit Score

70 Walk Score

                
                    Highlights
                
                                Strong Yield Profile: 9%+ cap rate with upside as rents trend toward $3,600+/month
                            
                                Recent Capital Improvements: New roof, updated electrical, tankless water heater, A/C (2021), paver driveway
                            
                                Value-Add Potential: Ability to increase rents to market and further enhance returns**

Financial Summary (Actual)

Net Operating Income: $31,000 USD (2025)

Cap Rate:	7.13 %
Total Expenses:	$8,000 USD

Amenities

Air Conditioning
Tile Floors
Kitchen
Refrigerator
Stainless Steel Appliances
Range
Tub/Shower
Family Room

Public Transportation

Commuter Rail	Drive	Walk	Distance
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	5 min	-	1.8 mi
	6 min	-	3.0 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	12 min	-	6.9 mi
Miami International	39 min	-	22.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Randall Sanz 305-968-6238 RE/MAX 5 Star Realty

823-825 NW 9th St Hallandale Beach, FL 33009