623 NE 4th St, Hallandale Beach, FL 33009 — MLS photo

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623 NE 4th St, Hallandale Beach, FL 33009

Active · SingleFamilyResidence

$450,000

623 NE 4th St, Hallandale Beach, FL 33009

Beds
3
Baths
2
Living area
1,830 sq ft
$ / sq ft
$246/sq ft
Year built
1942
Lot size
4,295 sq ft
HOA fee
—
Annual tax
—

About this property

Rare redevelopment opportunity in one of Hallandale Beach’s fastest-evolving corridors. Strategically positioned in the direct path of growth, the property offers exceptional upside amid an unprecedented wave of luxury, commercial and infrastructure development. Hallandale Beach is undergoing a major transformation, anchored by landmark projects such as new two-tower Oasis development, Shell Bay on the Golf, Icon Beach on the ocean, and Seven Park across from Gulfstream. The US-1 & Atlantic Shores Blvd corridor continues to gain momentum with Atlantic Village, featuring new commercial plazas, retail, private office spaces, and a newly developed medical building—further strengthening the area’s live-work-play appeal. Growth extends beyond Hallandale into North Aventura, with substantial new construction including the Aventura Hospital expansion, as well as ongoing Hollywood Downtown redevelopment and expansion. The existing single-family home offers over 1,800 SQF and requires a complete renovation, its an ideal canvas for investors, builders, or end-users seeking to customize or redevelop. Architectural plans & renderings available, allowing a buyer to accelerate their vision. Located east of US-1, with scarce land availability, growing rents, and continued upward pressure on values, this property represents a compelling opportunity for buyers who understand the power of acquiring property ahead of transformation. Easy to show. Rare land value. Tremendous long-term potential.

Property location

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623 NE 4th St, Hallandale Beach, FL 33009

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,830 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1942
Lot size
4,295 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
A11951978
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

$971

Cap rate
8.3%
Net yield
8.3%
Cash-on-cash return
9.2%
Gross yield
12.1%
Mortgage payment
$2,133/mo
Down payment
$112,500
Loan amount
$337,500
Annual NOI
$37,246

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