923 SE 2nd Ave 1-6, Hallandale Beach, FL 33009 — MLS photo

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923 SE 2nd Ave 1-6, Hallandale Beach, FL 33009

Active · MultiFamily

$1,497,000

923 SE 2nd Ave 1-6, Hallandale Beach, FL 33009

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1970
Lot size
9,906 sq ft
HOA fee
—
Annual tax
$18,943

About this property

Prime investment opportunity in the heart of Hallandale Beach. This well-maintained 6-unit multifamily property is situated on a desirable corner lot totaling 9,906 sq ft, offering excellent frontage, strong tenant appeal, and long-term value. The asset consists of two buildings, each with three units, for a total of four 1-bedroom/1-bath apartments and two efficiency units—an ideal mix for consistent occupancy and rental income. The property provides efficient layouts, stable cash flow potential, and a strategic location minutes from Gulfstream Park, major roadways, shopping, beaches, and employment centers. Corner positioning enhances visibility and accessibility, while the sizable lot presents future upside for improvements or redevelopment (subject to zoning). This is a rare opportunity to acquire a turnkey multifamily asset in one of South Florida’s strongest rental corridors—perfect for investors seeking immediate income with long-term growth potential.

Property location

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923 SE 2nd Ave 1-6, Hallandale Beach, FL 33009

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Facts & features

Interior

Bathrooms
0
Flooring
Tile
Cooling
Wall Window Units
Heating
Window Unit, Wall Furnace

Exterior & Structure

Property type
MultiFamily
Year built
1970
Lot size
9,906 sq ft
Roof
Shingle
Construction
Block

Parking

Covered spaces
0
Parking features
Common, On Street

HOA, Community & Financials

Security
Smoke Detectors
Annual tax
$18,943
County
Broward
Days on market
258
MLS listing ID
A11928983
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

-$2,138

Cap rate
4.0%
Net yield
4.0%
Cash-on-cash return
-6.1%
Gross yield
6.6%
Mortgage payment
$7,097/mo
Down payment
$374,250
Loan amount
$1,122,750
Annual NOI
$59,505

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