About 412 Ne 4th Ave
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.
Features of 412 Ne 4th Ave
| MLS® # | A11522754 |
|---|---|
| Price | $990,000 |
| Square Footage | 2,151 |
| Year Built | 1981 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Fourplex |
| Status | Active |
Community Information
| Address | 412 Ne 4th Ave |
|---|---|
| Area | 3040 |
| Subdivision | HALLANDALE PINES ESTATES |
| City | Hallandale Beach |
| County | Broward County |
| State | FL |
| Zip Code | 33009-3468 |
Amenities
| Utilities | Cable Available |
|---|---|
| # of Parking Spaces | 8 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Flooring | Other, Tile |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Windows | Impact Glass |
|---|---|
| Roof | Other, Shingle |
| Construction | Block, Other |
| Lot Features | < 1/4 Acre |
| Sewer | Public Sewer |
Additional Information
| Date Listed | January 28th, 2024 |
|---|---|
| Days on Market | 109 |
| Zoning Description | CENTRAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Rent Includes | Gardener,HotWater,Sewer,TrashCollection,Water |
| Year Built Details | Resale |
| Tax Annual Amount | $8,478 |
| Tax Year | 2023 |
| Buyer Agent Compensation | 2% |
Unit 1 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
| Rent | $1,500 |
| Features | Parking:Space |
| Furnished | Furnished |
| Leased | Yes |
Unit 2 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
| Rent | $1,500 |
| Features | Parking:Space |
| Furnished | Furnished |
| Leased | Yes |
Unit 3 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
| Rent | $1,500 |
| Features | Parking:Space |
| Furnished | Furnished |
| Leased | Yes |
Unit 4 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
| Rent | $1,500 |
| Features | Parking:Space |
| Furnished | Furnished |
| Leased | Yes |
Listing Details
| Office | Fausto Commercial Realty Consultants Inc |
|---|