1012 NE 2nd Street, Hallandale Beach, FL 33009 — MLS photo

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1012 NE 2nd Street, Hallandale Beach, FL 33009

Active · SingleFamilyResidence

$749,000

1012 NE 2nd Street, Hallandale Beach, FL 33009

Beds
3
Baths
2
Living area
1,676 sq ft
$ / sq ft
$447/sq ft
Year built
1956
Lot size
6,302 sq ft
HOA fee
—
Annual tax
$10,506

About this property

Rare opportunity to acquire a move-in-ready property with immediate cash flow! Turnkey, fully renovated income-producing property just minutes from the ocean in highly desirable Hallandale Beach. Currently optimized for both short- and long-term rentals. This property is structured to generate multiple income streams from day one. Operate as a dual Airbnb for maximum cash flow or live in one unit while renting the other to offset expenses. Main House: 2 BR, 1 Bath, Full Kitchen, Living/Dining Area. Guest Suite (Private Entrance): 1 BR, 1 Bath, Full Kitchen, Living / dining Area. Well-maintained property features open-floor plan, great natural light, both kitchens are renovated, stainless steel appliances, quartz countertops, and ample cabinet space. All bedrooms are well-sized; both bathrooms are renovated with new plumbing. The roof is 5 yrs old. new L.E.D recessed lights, and new doors. Large fenced landscaped backyard with patio and a gazebo great for relaxing & entertaining. Easily convertible into a 4-BR, 2-bath single-family home, increasing resale value and rental flexibility.

Property location

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1012 NE 2nd Street, Hallandale Beach, FL 33009

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,676 sq ft
Flooring
Concrete
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Breakfast Area, Dining Area, Separate Formal Dining Room, Family Dining Room, First Floor Entry, Living Dining Room, Bay Window
Furnished
Negotiable

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1956
Lot size
6,302 sq ft
Architectural style
Contemporary Modern, Detached, Ranch
Roof
Shingle
Construction
CBSConcrete Block Structure, Block, Frame, Stucco
Exterior features
Barbecue, Fence, Lighting, Porch, Patio
Pool
None
View
Garden

Parking

Garage spaces
0
Covered spaces
0
Parking features
Circular Driveway

HOA, Community & Financials

Association fee
$0
Security
Smoke Detectors
Pets allowed
No, Yes
Annual tax
$10,506
Subdivision
ANDERSON VILLAS
County
Broward
Days on market
284
MLS listing ID
A11913168
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$294

Cap rate
5.2%
Net yield
5.2%
Cash-on-cash return
-1.7%
Gross yield
8.1%
Mortgage payment
$3,551/mo
Down payment
$187,250
Loan amount
$561,750
Annual NOI
$39,083

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.