701 6th St , for Sale

701 6th St for Sale

Price $1,800,000.00

  • Lot size 44735
  • Year Build
  • Waterfront
  • Zip 33009
  • Style
  • Parking Description
  • Pool Yes
  • Status Active
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Description

Huge 1-acre development site. Consisting of two folios, 4 houses total, the addresses are 701, 711, 721, and 721a SW 6th St. Beyond being an amazing income-producing asset, this prime lot offers the potential to build 14 new townhouses. The property includes one 4 bed/2 bath house, two 3 bed/2 bath houses, and one 2 bed/1 bath house. Currently fully occupied, it generates a gross annual income of just under $100k, with upside to increase to $144k annually when rents are raised to market rates. Each house has plenty of parking and a large yard. Minutes away from Gulfstream Park, Aventura mall, Shopping Centers, and pristine beaches, this property offers both current income and future development opportunities.

28-51-42 E1/5 OF S1/2 OF SW1/4 OF NW1/4 OF SE1/4 LESS S 160 LESS STS AKA LOT 36 LESS S 160 CS

City Location, 1-2.5 Acres

Huge 1-acre development site. Consisting of two folios, 4 houses total, the addresses are 701, 711, 721, and 721a SW 6th St. Beyond being an amazing income-producing asset, this prime lot offers the potential to build 14 new townhouses. The property includes one 4 bed/2 bath house, two 3 bed/2 bath houses, and one 2 bed/1 bath house. Currently fully occupied, it generates a gross annual income of just under $100k, with upside to increase to $144k annually when rents are raised to market rates. Each house has plenty of parking and a large yard. Minutes away from Gulfstream Park, Aventura mall, Shopping Centers, and pristine beaches, this property offers both current income and future development opportunities.

City:Hallandale Beach,Zoning:RD-12,List A O R:A-Miami Association of REALTORS,Tax Year:2023,Latitude:25.9785361,List Price:1800000,Listing Id:A11610043,Longitude:-80.1567401,Mls Status:Active,Utilities:1:Electricity Connected,2:Sewer Connected,3:Water Connected,4:Cable Available,5:Electricity Available,6:Other,7:Sewer Available,8:Trash Removal,9:Water Available,Current Use:1:Income (Other),Postal Code:33009,Street Name:6th St,Coordinates:1:25.9785361,Lot Features:1:1-2.5 Acres,Photos Count:26,Days On Market:3,Listing Terms:1:Conventional,2:FHA,Lot Size Acres:1.026,Lot Size Units:Square Feet,M I A M I R E_ Area:3040,On Market Date:2024-06-20,Parcel Number:514228330590,Property Type:Commercial Land,Street Number:701,Public Remarks:Huge 1-acre development site. Consisting of two folios, 4 houses total, the addresses are 701, 711, 721, and 721a SW 6th St. Beyond being an amazing income-producing asset, this prime lot offers the potential to build 14 new townhouses. The property includes one 4 bed/2 bath house, two 3 bed/2 bath houses, and one 2 bed/1 bath house. Currently fully occupied, it generates a gross annual income of just under $100k, with upside to increase to $144k annually when rents are raised to market rates. Each house has plenty of parking and a large yard. Minutes away from Gulfstream Park, Aventura mall, Shopping Centers, and pristine beaches, this property offers both current income and future development opportunities.,County Or Parish:Broward County,Documents Count:1,Frontage Length:44735,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:6954,State Or Province:FL,Street Dir Prefix:SW,Tax Annual Amount:25718,Unparsed Address:701 SW 6th St, Hallandale Beach FL 33009,Listing Agreement:Exclusive Right To Sell,Building Area Units:Square Feet,Lot Size Dimensions:44735x44735,Lot Size Square Feet:44735,M I A M I R E_ L P Amt Sq Ft:40.237,Original List Price:1800000,Public Survey Range:51,I D X Participation Y N:1,Syndication Remarks:Huge 1-acre development site. Consisting of two folios, 4 houses total, the addresses are 701, 711, 721, and 721a SW 6th St. Beyond being an amazing income-producing asset, this prime lot offers the potential to build 14 new townhouses. The property includes one 4 bed/2 bath house, two 3 bed/2 bath houses, and one 2 bed/1 bath house. Currently fully occupied, it generates a gross annual income of just under $100k, with upside to increase to $144k annually when rents are raised to market rates. Each house has plenty of parking and a large yard. Minutes away from Gulfstream Park, Aventura mall, Shopping Centers, and pristine beaches, this property offers both current income and future development opportunities.,Listing Contract Date:2024-06-20,Originating System I D:miamire,Public Survey Section:28,Showing Instructions:Call Listing Office,Street Number Numeric:701,Tax Legal Description:28-51-42 E1/5 OF S1/2 OF SW1/4 OF NW1/4 OF SE1/4 LESS S 160 LESS STS AKA LOT 36 LESS S 160 CS,Gross Scheduled Income:144000,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,M I A M I R E_ Internet Remarks:Please visit Fausto Commercial,Contract Status Change Date:2024-06-20,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,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:%,Internet Automated Valuation Display Y N:1,

  • Price $1,800,000.00
  • Price Change: 2024-06-20
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description
  • Flooring Type
  • Property Type Commercial Land
  • Status Active
  • Listed 2024-06-20
  • Days on Market 20
  • Furnished
  • City Hallandale Beach
  • Zip 33009
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes 25718
  • Taxes Year 2023
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