701 SW 6th St Hallandale Beach, FL 33009
Not your typical Fourplex! This unique property features 4 large houses situated on a huge 1-acre development site. Consisting of two folios, 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.
- Property TypeMulti-Family
- NeighborhoodSouth West Hallandale
- CountyBroward
- Taxes$25,718
- HOA/Condo/Coop Fees$0
- Days on Site11 Days
- MLS StatusActive
- MLS ID NumberA11610018
- Home Size Source N/A
- Year Built1961
- Lot Size0 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Detached
- Building Features Laundry Facility
- Parking Spaces 11
- Sewer Public Sewer
- Number of Stories 11
- Property Sub Type Quadruplex
- Zoning RD-12
Interior Features
- Cooling Central AirWall/ Window Unit(s)
- Heating CentralWindow/ Wall
- Flooring Ceramic FloorOther
Exterior Features
- Roof OtherShingle
- Fencing Fenced
- Waterfront Property No
- Lot 1 To Less Than 2 Acre Lot
Community Features
- MLS Area South West Hallandale
- Building Features Laundry Facility