For Sale

412, Northeast 4th Avenue, Hallandale Beach, United States

Broward County, FL 33009

$990,000

Highlights

  • 2,151 SF building on a 6,197 SF lot
  • Asking $460/SF

Property facts

Price
$990,000
Price per SF
$460/SF
Property type
Multi-family
Building size
2,151 SF
Lot size
6,197 SF

About this property

Seller financing available! In the heart of Hallandale Beach at 412 NE 4th Ave, this prime fourplex on a corner lot is a gem of an investment property. Boasting four well-maintained units, each 1 bed and 1 bath, the property is equipped with separate electric meters and showcases modern amenities such as a newer roof (5 years), central AC units, impact windows and coin laundry. Minutes away from Gulfstream Park, Aventura Mall, the New Hallandale Shopping Center, and pristine beaches, the property has been utilized for short-term rentals, averaging $72,000 annually. However, a new owner can unlock even greater potential by opting for annual rentals, with a potential revenue of $81,000 or more each year. The property has 8 parking spaces (2 for each tenant) offering plenty convenience.

From the listing broker.

Location

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