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$138,700
● Multifamily - Off Market

Hallandale Beach, FL
bedrooms
Studio
bathrooms
0 Bath
square feet
2,310 Ft²
$293,330
RealtyHop Estimate
109.67%
Since May 1, 2009
National-US
Primary Model

About This Property

THIS INCOME PRODUCING PROPERTY IS ONLY 2 YEARS. IT HAS 4 BEDROOMS AND 2 BATHROOM ON EACH SIDE. WELL KEPT AND NEEDS MINOR REPAIRS. MUST SEE. PRESENT ALL OFFERS TODAY.
Unit Size
2,310 Ft²
Days on Market
-
Land Size
-
Price per sqft
$61
Property Type
Multifamily
Property Taxes
$548
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Beaches MLS #H859285)

Price History

Date / Event Date Event Price
Apr 10, 2009 Sold
Premium
Sold
Mar 5, 2009 Listed by Exclusively Real Estate $139,900
Listed by Exclusively Real Estate

Property Highlights

Parking Details
Parking: 2 Spaces
Interior Details
Flooring Type: Carpeted Floors, Ceramic Floor
Exterior Details
Listing Terms: Conventional, Other Terms
Construction Type: Cbs Construction
Lot Features: Less Than 1/4 Acre Lot
Financial Details
Total Taxes: $6,574
Tax Year: 2007
Possession Information: Funding
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Sewer Septic: Municipal Sewer
Location Details
Location: I-95 TO HALLANDALE BEACH BLVD GO EAST TO NW 8TH AVE. TURN LEFT TO NW 7TH ST. LEFT ON 7TH STREET
Subdivision Complex Building: BELMAR 2-22 B
Zoning Information: R-2

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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BEACHES

Listed by: Brigette Jobson
Exclusively Real Estate
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# H859285
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
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