HALLANDALE PARK
Multifamily
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Fully stabilized triplex at 201 SE 10th Street offering immediate cash flow and long-term appreciation potential in one of Hallandale Beach's most investor-friendly corridors. Three separate units provide income diversification and reduced vacancy risk, while the property's prime location—steps to the beach, Gulfstream Park, dining, and major highways—ensures consistent tenant demand and strong retention. Priced below replacement cost in a market with limited triplex inventory, this asset delivers solid returns with minimal capital requirements and tenant-responsible utilities that keep operating expenses manageable. Current rents support immediate returns with upside potential through strategic lease renewals and modest value-add improvements. Ideal for first-time multifamily investors seeking a manageable three-unit property, experienced operators expanding their portfolio, owner-occupants looking to offset housing costs, or 1031 exchange buyers requiring stable income in an appreciating market. Hallandale Beach's robust fundamentals—strong demographics, coastal lifestyle appeal, and proven rental demand—position this triplex as a reliable performer in both stable and growth economic cycles. Opportunities like this move quickly in competitive markets.
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