615 NE 7th Street, Hallandale Beach, FL 33009

Property Description

This 7 Plex is located east of US and across the street from the vibrant mixed-use district which has rapidly transformed the Federal Hwy corridor in Hallandale Beach. The property consists of 2 buildings consisting of a 3plex & 4plex with 7 (1/1) apartments, all on one-year leases with varying expiration dates. Property HighlightsWell Maintained Property; 6 of the 7 Apartments Were 100% Remodeled; Upgraded with Impact WindowsGated Community, Obtained Forty-Year Recert, Individual Water Shutoff Valves/Unit, Property was preventively treated and tented for termites Dec 24, All asphalting was resurfaced in 2024, East Building (605) Roof Replaced 2015, Parking: One Space Per Unit + 2 Guest (9 Spaces) $135,840 Gross Income. $64,486 NOI Download the Offer Memorandum.