412 4th Ave ,Attached, Quadruplex, Hallandale Pines Estates for Sale

412 4th Ave for Sale

Price $990,000.00

• Lot size 2151
• Year Build 1981
• Waterfront
• Zip 33009
• Style Attached
• Parking Description
• Pool Yes
• Status Active

Description

Seller financing available! In the heart of Hallandale Beach at 412 NE 4th Ave, this prime fourplex on a corner lot is a gem of an investment property. Boasting four well-maintained units, each 1 bed and 1 bath, the property is equipped with separate electric/water meters and showcases modern amenities such as a newer roof (5 years), central AC units, impact windows and coin laundry. Minutes away from Gulfstream Park, Aventura Mall, the New Hallandale Shopping Center, and pristine beaches, the property has been utilized for short-term rentals, averaging $72,000 annually. However, a new owner can unlock even greater potential by opting for annual rentals, with a potential revenue of $81,000 or more each year. The property has 8 parking spaces (2 for each tenant) offering plenty convenience.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=

HALLANDALE PINES ESTATES 28-31 B LOT 16

Less Than 1/4 Acre Lot

Seller financing available! In the heart of Hallandale Beach at 412 NE 4th Ave, this prime fourplex on a corner lot is a gem of an investment property. Boasting four well-maintained units, each 1 bed and 1 bath, the property is equipped with separate electric/water meters and showcases modern amenities such as a newer roof (5 years), central AC units, impact windows and coin laundry. Minutes away from Gulfstream Park, Aventura Mall, the New Hallandale Shopping Center, and pristine beaches, the property has been utilized for short-term rentals, averaging $72,000 annually. However, a new owner can unlock even greater potential by opting for annual rentals, with a potential revenue of $81,000 or more each year. The property has 8 parking spaces (2 for each tenant) offering plenty convenience.

City:Hallandale Beach,Roof:1:Shingle,Zoning:CENTRAL,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Flooring:1:Tile,Latitude:25.9905687,Cooling Y N:1,Heating Y N:1,List Price:990000,Listing Id:A11522754,Longitude:-80.1442104,Mls Status:Active,Year Built:1981,Living Area:2151,Postal Code:33009,Street Name:4th Ave,Coordinates:1:25.9905687,Photos Count:12,Building Name:HALLANDALE PINES ESTATES,Days On Market:3,Listing Terms:1:Conventional,2:FHA,3:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:3040,M L S Area Major:Hallandale Pines Estates,On Market Date:2024-01-28,Parcel Number:514222340160,Parking Total:8,Property Type:Residential Income,Rent Includes:1:Gardener,2:Sewer,3:Trash Collection,4:Water,Stories Total:1,Street Number:412,M I A M I R E_ Style:Fourplex,Public Remarks:Seller financing available! In the heart of Hallandale Beach at 412 NE 4th Ave, this prime fourplex on a corner lot is a gem of an investment property. Boasting four well-maintained units, each 1 bed and 1 bath, the property is equipped with separate electric/water meters and showcases modern amenities such as a newer roof (5 years), central AC units, impact windows and coin laundry. Minutes away from Gulfstream Park, Aventura Mall, the New Hallandale Shopping Center, and pristine beaches, the property has been utilized for short-term rentals, averaging $72,000 annually. However, a new owner can unlock even greater potential by opting for annual rentals, with a potential revenue of $81,000 or more each year. The property has 8 parking spaces (2 for each tenant) offering plenty convenience.,Structure Type:1:Fourplex,County Or Parish:Broward County,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3468,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:HALLANDALE PINES ESTATES,Tax Annual Amount:8478,Unparsed Address:412 NE 4th Ave, Hallandale Beach FL 33009,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2151,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:460.251,Original List Price:990000,Public Survey Range:51,Documents Available:1:Other Available Information,2:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:4,Syndication Remarks:Seller financing available! In the heart of Hallandale Beach at 412 NE 4th Ave, this prime fourplex on a corner lot is a gem of an investment property. Boasting four well-maintained units, each 1 bed and 1 bath, the property is equipped with separate electric/water meters and showcases modern amenities such as a newer roof (5 years), central AC units, impact windows and coin laundry. Minutes away from Gulfstream Park, Aventura Mall, the New Hallandale Shopping Center, and pristine beaches, the property has been utilized for short-term rentals, averaging $72,000 annually. However, a new owner can unlock even greater potential by opting for annual rentals, with a potential revenue of $81,000 or more each year. The property has 8 parking spaces (2 for each tenant) offering plenty convenience.,Listing Contract Date:2024-01-28,Originating System I D:miamire,Public Survey Section:22,Showing Instructions:Call Listing Agent,Street Number Numeric:412,Tax Legal Description:HALLANDALE PINES ESTATES 28-31 B LOT 16,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,M I A M I R E_ Adjusted Area S F:2151,M I A M I R E_ Internet Remarks:Please visit Fausto Commercial,Contract Status Change Date:2024-01-28,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:460.25,Internet Automated Valuation Display Y N:1,