319-325 NE 2nd Street

319 Northeast 2nd Street, Hallandale Beach, FL

$2,900,000

Price

5.5%

Cap Rate

10,764 sqft

Building Size

Gallery
Street
Map
Overview
Cap Rate
5.5%
Building Size
10,764 sqft
Lot Area
26,265 acres
Units
16
Occupancy
100%
Year Built
1958
Zoning
RD-12
Floors
1
Description

16 unit garden style apartments. 11 1/1’s and 5 Studios.  There are two sizes of studios.  They are well maintained and managed.  They have many upgrades that include the 40 year certification, hardwired smoke detectors, electrical upgrades to exterior.  The units have been upgraded with tile flooring or engineered hardwood. Parking is located at the front and rear of the building.  Gated entrances on both sides.  There is a private courtyard for tenants, that allows for BBQing, picnics or family and children area.


Less than 2 miles from the beach

Nested between Hollywood beach and Sunny Isles.

Close to major shopping center and surrounded by national retailers



40 year certificate
Flooring upgrades in all units

Property management on site




Smoke detectors as per new regulations, hardwired
Parking in front and rear
Private courtyard
Recent upgrades
Easily rentable with quality tenants


 

Location
Gallery