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$2,150,000

For Sale

14 hours ago

MLS® A12003925

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $24,519
Days Active 0
Approx. Age 1951
MLS® Number A12003925

Property Address: 9-705-713 Ne 3rd St, Hallandale Beach, FL, 33009-3511

Average square foot calculated using Size range provided by listing agent.

Description

Amazing Opportunity – 9 Apartment Units on an Oversized 13, 430 SF Lot (0.31 Acres) This is a rare value-add opportunity featuring 9 apartment units situated on an oversized 13, 430 SF lot (0.31 acres). The property offers several recent improvements, including impact windows installed by the previous owner and a new roof completed in 2018. Interior finishes include a mix of vinyl flooring and tile flooring throughout the units. In terms of cooling, 2 units have split A/C systems and 7 units have window A/C units. 9 Assigned Parking Spaces Current rents are below market, creating significant upside potential for a new owner. The location is exceptional, and the redevelopment potential is tremendous. According to zoning, the property may allow for the development of a new 5-story multifamily building with up to 15.42 units and approximately 8, 774 SF of building area. Investment Highlights: Strong value-add play through rent increases Opportunity to modernize units and significantly boost NOI Large lot offering future redevelopment optionality Located in a prime rental corridor with strong demand fundamentals This creates a rare covered land play — generate income today while planning a future redevelopment exit. You’re not buying into a location — you’re buying into an established urban core. Buyer must independently verify all zoning, density, and development potential with the appropriate zoning department and conduct their own due diligence.
MLS® NumberA12003925
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1951
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 20, 2026List Date
$2,150,000List Price
  • Commute

Commute

Starting Address
Destination Address
705-713 Ne 3 Rd St, Hallandale Beach, FL

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