701 Sw 6th St St
Hallandale Beach, Florida
$1,800,000 Rental Price
- Bedrooms   - Baths

Not your typical Fourplex! This unique property features 4 large houses situated on a huge 1-acre development site. Consisting of two folios, the addresses are 701, 711, 721, and 721a SW 6th St. Beyond being an amazing income-producing asset, this prime lot offers the potential to build 14 new...

Not your typical Fourplex! This unique property features 4 large houses situated on a huge 1-acre development site. Consisting of two folios, the addresses are 701, 711, 721, and 721a SW 6th St. Beyond being an amazing income-producing asset, this prime lot offers the potential to build 14 new townhouses. The property includes one 4 bed/2 bath house, two 3 bed/2 bath houses, and one 2 bed/1 bath house. Currently fully occupied, it generates a gross annual income of just under $100k, with upside to increase to $144k annually when rents are raised to market rates. Each house has plenty of parking and a large yard. Minutes away from Gulfstream Park, Aventura mall, Shopping Centers, and pristine beaches, this property offers both current income and future development opportunities.

Listing courtesy of Fausto Commercial Realty Consultants Inc

 

Listing Details

New Listing
Hallandale Beach, Florida
Type: Rental
Price: $1,800,000
Date Listed: 6/20/2024
Web ID: 11610018
MLS ID: A11610018

Info & Amenities

Type: Quadruplex
Built: 1961
Pool: Yes

Listing Agent(s)