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Image 1 - 701 SW 6th St, Hallandale Beach, Florida, 33009 - Townhouse for sale
Image 2 - 701 SW 6th St, Hallandale Beach, Florida, 33009 - Townhouse for sale
Image 3 - 701 SW 6th St, Hallandale Beach, Florida, 33009 - Townhouse for sale
Image 4 - 701 SW 6th St, Hallandale Beach, Florida, 33009 - Townhouse for sale
Image 5 - 701 SW 6th St, Hallandale Beach, Florida, 33009 - Townhouse for sale
Image 6 - 701 SW 6th St, Hallandale Beach, Florida, 33009 - Townhouse for sale
Image 7 - 701 SW 6th St, Hallandale Beach, Florida, 33009 - Townhouse for sale
Image 8 - 701 SW 6th St, Hallandale Beach, Florida, 33009 - Townhouse for sale
Image 9 - 701 SW 6th St, Hallandale Beach, Florida, 33009 - Townhouse for sale
Sw Th St, Hallandale Beach, Home For Sale
701 SW 6th St, Hallandale Beach, Florida, 33009

Sw Th St, Hallandale Beach, Home For Sale

townhouse for sale
Listed: 06/23/24

701 SW 6th St, Hallandale Beach, Florida, 33009

Studio Bed:
3,955 Sq Ft Living Area:
Save
Price
$ 1,8M

About This Townhouse

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 are701, 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.

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Hallandale Beach Housing & Living

Household Income

Median household income: $36,072
Number of households: 17,789
The average household income in Hallandale Beach, FL grew from $34,400 to $36,072 in the past year. This data is an estimate based upon 17,789 households in Hallandale Beach, FL.
The chart below presents how household income is distributed in Hallandale Beach, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Hallandale Beach, FL compared to median property taxes around the country. The prevalent amount of property taxes in Hallandale Beach, FL equals $800-$1,500 , which is less than the national average.