Hallandale Beach Investment Properties & Multifamily for Sale

The best Hallandale Beach investment decision starts before you buy.

Live BeachesMLS listings matching this search in Hallandale Beach, Florida, updated throughout the day.

Investment property in Hallandale Beach means two or more units: duplexes, triplexes, fourplexes and small apartment buildings, mostly on the central and western streets of Hallandale Park, Rolen Acres, Oak Acres and Golden Heights. Many are fully leased to year round tenants who work in Aventura, Hollywood and Miami, and some sit on lots whose zoning allows more than stands there. Investors who want a single condominium to lease should look at the condo pages and the building rules instead. For any multifamily purchase in Hallandale Beach, ask for the rent roll, the leases and the expenses, and confirm every unit is permitted.

32 listings, newest first.

The 32 listings on this page run from $390,000 to $6,650,000, with a median of $650,000, about $397 per square foot, and they have been listed a median of 125 days.

The communities with the most listings here are Golden Heights (3), Hallandale Park (3), Ro-len Acres (3), Meekins (2) and Oak Acres (2), 13 of the 32; the others are spread across 16 more communities. All of them are multifamily properties. They were built between 1953 and 1992, a median of 1965. 1 of the 32 have a pool, and 2 are on the water.

What Investors Buy in Hallandale Beach

Investors in Hallandale Beach buy furnished condominiums to lease for the winter, older units to lease all year, units in condominium hotels such as Beachwalk and the Diplomat Golf and Racquet Club for shorter stays, and small income buildings on the central and western streets. A few buy land or older buildings in the center of the city for what the zoning allows. Each strategy has its own rules to confirm: the association's leasing limits for a condominium, the hotel program for a condominium hotel, the city's rules on short term rentals and the zoning for anything you plan to rebuild in Hallandale Beach.

Reading the Numbers in Hallandale Beach

In Hallandale Beach the return is usually decided by costs the listing does not show. For a condominium, the association fee, any assessment from the milestone inspection and the insurance on the unit can outweigh a difference in rent, and seasonal income has to carry the empty summer months. For a duplex or fourplex, insurance, the roof, the taxes that reset on sale and vacancy between tenants decide the return. Compare the asking rents with the leases that actually closed on the Hallandale Beach rental pages, and underwrite on the rents in place rather than on a listing's projections.

The Numbers on These Listings

Straight from the MLS, updated through the day. Income and capitalization rates are what the listing agent published, not audited figures: treat them as the start of underwriting, and ask for certified operating statements before you offer.

Property	Price	Units	Per unit	Income	Cap rate	Taxes	HOA	Days on market
MLS A12114194	$489,900	2	$244,950	$4,400 gross	—	$10,770	—	3 days
1031 SW 3RD Street	$695,000	2	$347,500	—	—	$9,958	—	9 days
844 SW 10th Street (reduced from $715,000)	$695,000	3	$231,667	$5,270 gross	—	$11,253	—	288 days
MLS A12097910	$689,000	2	$344,500	$4,694 gross	—	$10,328	—	12 days
1001 SW 4th Terrace	$649,000	2	$324,500	$1,750 gross	—	$10,670	—	16 days
752 NW 3rd Court (reduced from $600,000)	$599,000	2	$299,500	—	—	$5,997	—	234 days
720 SW 7th Terrace	$599,000	2	$299,500	$4,300 gross	—	$11,558	—	202 days
310 SW 10th Terrace	$595,000	2	$297,500	$4,100 gross	—	$9,156	—	25 days
512 SW 10th Street (reduced from $589,900)	$575,900	2	$287,950	$1,600 gross	—	$7,555	—	72 days
1009 NE 2nd Street	$770,000	2	$385,000	$2,600 gross	—	$11,302	—	31 days
708 SW 7th Avenue	$799,000	2	$399,500	$2,000 gross	—	$1,028,075	—	38 days
217 SW 10th Street	$650,000	2	$325,000	$5,700 gross	—	$10,762	—	38 days
320 SW 10th Terrace	$619,000	2	$309,500	—	—	$9,784	—	39 days
724 NW 6th Street (reduced from $400,000)	$390,000	2	$195,000	—	—	$3,111	—	211 days
800 SW 9TH Street	$625,000	2	$312,500	—	—	$9,789	—	53 days
738 SW 5TH Avenue (reduced from $749,000)	$739,000	2	$369,500	$55,560 gross	—	$10,218	—	59 days
1041 NW 7th Court	$615,000	3	$205,000	$4,975 gross	—	$7,871	—	78 days
1042 Foster Road	$399,000	2	$199,500	—	—	$4,371	—	85 days
329 SE 2nd Street	$1,180,000	3	$393,333	$6,400 gross	—	$8,916	—	113 days
809 NE 2nd Street 12	$590,000	2	$295,000	$3,300 gross	—	$9,026	—	122 days
450 Paradise Isle Boulevard	$6,650,000	195	$34,103	$71,000 net	1.1%	$0	—	128 days
800 NE 2nd Court (reduced from $680,000)	$589,000	2	$294,500	$2,200 gross	—	$13,963	—	147 days
224 SE 9th Court 1-4	$879,000	2	$439,500	$32,256 net	3.7%	$12,933	—	163 days
901 SW 4th Terrace (reduced from $730,000)	$650,000	2	$325,000	$4,000 gross	—	$9,156	—	172 days

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