$875,000
$965,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
2,151 SqFt
SOLD DATE : 07/19/2024
Key Details
Sold Price $875,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,151 sqft
Price per Sqft $406
Subdivision Hallandale Pines Estates
MLS Listing ID A11522754
Sold Date 07/19/24
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1981
Annual Tax Amount $8,478
Tax Year 2023
Contingent No Contingencies
Property Description
In the heart of Hallandale Beach at 412 NE 4th Ave, this prime fourplex on a corner lot is a gem of an investment property. Boasting four well-maintained units, each 1 bed and 1 bath, the property is equipped with separate electric/water meters and showcases modern amenities such as a newer roof (5 years), central AC units, impact windows and coin laundry. Minutes away from Gulfstream Park, Aventura Mall, the New Hallandale Shopping Center, and pristine beaches, the property has been utilized for short-term rentals, currently averaging $86k annually. However, a new owner can unlock even greater potential by opting for annual rentals. The property has 8 parking spaces (2 for each tenant) offering plenty convenience.
Location
State FL
County Broward County
Community Hallandale Pines Estates
Area 3040
Interior
Heating Central
Cooling Central Air
Flooring Other, Tile
Window Features Impact Glass
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Other,Shingle
Total Parking Spaces 8
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories One
Structure Type Block,Other
Construction Status Resale
Others
Tax ID 514222340160
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Conventional
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Bought with Home Free Today Realty
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