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Overview
- Updated On:
- June 23, 2024
Description
Huge 1-acre development site. Consisting of two folios, 4 houses total, 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.
Address: 701 SW 6th St, Hallandale Beach FL 33009
City: Hallandale Beach
State/County: Broward County
Zip: 33009
Country: United States
Property Id: 1123999
Price: 1.800.000 $
Property Lot Size: 1 ft2
9,228.96 $
per month- Principal and Interest
- Property Tax
- HOA fee
6,978.96 $
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