Ad #7631926
MLS #A12003925
Opportunity to Acquire 9 Apartment Units on an Big Oversized 13
705-713 NE 3rd St 1-9, Hallandale Beach, FL 33009
$1,950,000
--Beds
--Baths
--Sqft
0.31Acres
About this property
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 Spaces Current 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 increases Opportunity to modernize units and significantly boost NOI Large lot offering future redevelopment optionality Located in a prime rental corridor with strong demand fundamentals This 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.
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1951
0.31 Acres
$24,519 / yr property tax
Broward County
Additional Photos
Contact Information
David Heinrich
Keyes Company Realtors
305-926-3106
Location
Listing Agent: David Heinrich (License #: 3187652) 305-926-3106
Broker: Keyes Company Realtors 305-371-3592 Listing Site
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Keyes Company Realtors 305-371-3592 Listing Site
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$1,950,000
--
Beds
--
Baths
--
Sqft
705-713 NE 3rd St 1-9, Hallandale Beach, FL 33009
By contacting this agent you agree to these Terms and Conditions.
MLS# A12003925
Opportunity to Acquire 9 Apartment Units on an Big Oversized 13
$1,950,000
705-713 NE 3rd St 1-9, Hallandale Beach, FL 33009
--
Beds
--
Baths
--
Sqft
0.31
Acres
$1,950,000
705-713 NE 3rd St 1-9, Hallandale Beach, FL 33009
-- Beds
-- Baths
-- Sqft
0.31 Acres
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 Spaces Current 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 increases Opportunity to modernize units and significantly boost NOI Large lot offering future redevelopment optionality Located in a prime rental corridor with strong demand fundamentals This 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.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1951
0.31 Acres
FINANCIAL & COMMUNITY
$24,519 / yr property tax
Broward County
Location
Mortgage Calculator
Ad Statistics
Ad Number
7631926
Viewed
0 time
Listing Status
Active
Added
Apr 27, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Miami REALTORS®
Source Property ID
A12003925
Listing Agent: David Heinrich (License #: 3187652) 305-926-3106
Broker: Keyes Company Realtors 305-371-3592 Listing Site
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Keyes Company Realtors 305-371-3592 Listing Site
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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