About 408 Sw 5th Ave
Seller financing available! Welcome to 408 SW 5th Ave, a charming duplex nestled in one of Hallandale Beach's best locations, just minutes away from Gulfstream Park, Aventura Mall, New Hallandale Shopping Center, Stunning Beaches and more. This property is a fantastic investment opportunity with two very well-maintained 2-bed/1-bath units, each boasting separate electric meters for convenience and flexibility as well as a carport and additional parking spaces provide you with practicality. Coin laundry on site for tenants use. Fully leased and strategically positioned, this duplex presents an excellent chance for immediate returns, projecting a potential $53,000 annual gross income at market rents.
Features of 408 Sw 5th Ave
| MLS® # | A11522559 |
|---|---|
| Price | $599,000 |
| Square Footage | 1,634 |
| Year Built | 1960 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active Under Contract |
Community Information
| Address | 408 Sw 5th Ave |
|---|---|
| Area | 3040 |
| Subdivision | HALLANDALE GARDEN PARK |
| City | Hallandale Beach |
| County | Broward County |
| State | FL |
| Zip Code | 33009-6228 |
Amenities
| Utilities | Cable Available |
|---|---|
| # of Parking Spaces | 4 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Flooring | Other, Tile |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Other, Patio, Storm/Security Shutters |
|---|---|
| Roof | Other, Shingle |
| Construction | Block, Other |
| Lot Features | < 1/4 Acre |
| Sewer | Public Sewer |
Additional Information
| Date Listed | January 28th, 2024 |
|---|---|
| Days on Market | 110 |
| Zoning Description | RS-6 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Rent Includes | Gardener,Sewer,TrashCollection,Water |
| Year Built Details | Resale |
| Tax Annual Amount | $5,841 |
| Tax Year | 2023 |
| Buyer Agent Compensation | 2% |
Unit 1 Details
| Beds | 2 |
|---|---|
| Baths | 1.00 |
| Rent | $1,410 |
| Features | Parking:Carport |
| Leased | Yes |
Unit 2 Details
| Beds | 2 |
|---|---|
| Baths | 1.00 |
| Rent | $1,425 |
| Features | Parking:Space |
| Leased | Yes |
Listing Details
| Office | Fausto Commercial Realty Consultants Inc |
|---|