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119 Northwest 3rd Street

Hallandale Beach FL 33009

1467 sq. ft.
Duplex
Currently for sale - view listing

Overview

Exceptional investment and redevelopment opportunity in the heart of Hallandale Beach! The existing duplex features two separate units, each offering 2 bedrooms and 1 full bathroom. Both units are currently vacant and rent-ready, providing immediate rental income potential while an investor or developer explores future redevelopment opportunities. Situated on a 7,506 SF lot, the property offers significant future development potential in an area experiencing continued residential and commercial growth. According to public records, the property is located within the Central RAC (Regional Activity Center) zoning district with a Property Use Code of 08 – Multi-Family (Less Than 10 Units). Preliminary information suggests a base density of approximately three (3) residential units with potential for up to eight (8) units; however, all zoning, density, permitted uses, development rights, approvals, and building requirements must be independently verified by Buyer with the City of Hallandale Beach and applicable governmental agencies. Ideally located minutes from the beach, Gulfstream Park, Aventura Mall, shopping, dining, entertainment, Fort Lauderdale-Hollywood International Airport, Miami International Airport, and with convenient access to I-95. An excellent opportunity for an investor, builder, or developer to generate rental income today while positioning the property for potential future redevelopment.

Features

1467 sq. ft. floor area
Duplex

Property history for 119 Northwest 3rd Street

2014
Sold
$103,500
10 Sep 2014 by Terri Bricker, of Keller Williams Elite Properti

Happy sellers in Hallandale Beach

83%
83% of sellers in Hallandale Beach reported that their sale price either exceeded or met their price expectations.

Hallandale Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 43 reviews in Hallandale Beach over the last 12 months.

Local market activity for duplexes in Hallandale Beach

In the last 12 months, 28 duplexes similar to 119 Northwest 3rd Street, have been sold.

This represents a 3% decrease in duplexes sales when compared to the previous 12 months.

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