Commercial property in Hallandale Beach, Florida № 1232250
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![Commercial property in Hallandale Beach, Florida № 1232250](https://storage4.florida.realestate/static/p/yovacn6cvu0b/j2zf5owlscz5vif805lk/0e02329f7c05175b27f3a789045f8479_890x440.jpg)
ID1232250
$ 1 800 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property 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.MLS #: A11610043
Contact the seller
CityHallandale Beach
Address701 SW 6th St, Hallandale Beach FL 33009
TypeCommercial property
Price
- Price
- per m²
$ 1 800 000
- EUR €
- USD $
- RUB ₽
- GBP £
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