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.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Hallandale Elementary School
900 SW 8th St
Distance between this listing and this school1.41 miles
Public District Grades KG-5
High School
2
/10
Hallandale High School
720 NW 9th Ave
Distance between this listing and this school1.16 miles
Public Magnet Grades 9-12
Assigned Schools
4
/10
Hallandale Elementary School
900 SW 8th St
Distance between this listing and this school1.41 miles
Public District Grades KG-5
Nearby Schools
2
/10
South Broward Montessori Charter School
520 NW 5th St
Distance between this listing and this school0.62 miles
Public Charter Grades KG-5
3
/10
Hollywood Central Elementary School
1700 Monroe St
Distance between this listing and this school1.21 miles
Public District Grades KG-5
Nearby Schools
2
/10
McNicol Middle School
1602 S 27th Ave
Distance between this listing and this school1.17 miles
Public Magnet Grades 6-8
9
/10
Hollywood Academy of Arts and Science Middle School
1705 Van Buren St
Distance between this listing and this school1.35 miles
Public Charter Grades 6-8
9
/10
Ben Gamla Charter School
2620 Hollywood Blvd
Distance between this listing and this school1.66 miles
Public Charter Grades KG-8
Assigned Schools
2
/10
Hallandale High School
720 NW 9th Ave
Distance between this listing and this school1.16 miles
Public Magnet Grades 9-12
Nearby Schools
4
/10
Dr. Michael M. Krop Senior High School
1410 NE 215th St
Distance between this listing and this school2.23 miles
Public Magnet Grades 9-12
4
/10
South Broward High School
1901 N Federal Hwy
Distance between this listing and this school2.68 miles
The neighbors living near this home have an average income of $25,160. Residents of Hallandale Beach, FL typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
This home is located at 412 NE 4th Ave in Hallandale Beach, FL and zip code 33009. This 2,151 square foot home was built in 1981. It has been listed on Rocket Homes since January 29, 2024 and is currently priced at $990,000.
Over 0 listings were sold over their listed price in March 2024 in Hallandale Beach, FL. In the same period over 45 listings were sold below the listed price and 6 listings were sold for the listed price. In March 2024 in Hallandale Beach, FL there were 11.4% more homes for sale than in February 2024. While the average time on the market in March 2024 was 75 days, the median list price was $325,571.
From Rocket Homes Real Estate and based on county public records data.