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$1.9M
Hallandale Beach, FL 33009
Opportunity to Acquire 9 Apartment Units on an Big Oversized 13,430 SF Lot (0.31 Acres) This is a rare value-add opportunity.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 SpacesCurrent 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 increasesOpportunity to modernize units and significantly boost NOILarge lot offering future redevelopment optionalityLocated in a prime rental corridor with strong demand fundamentalsThis 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.
Virtual TourListing courtesy of The Keyes Company
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1.9M
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Listed by David Heinrich, The Keyes Company