119 SE 9th St
Multifamily | 6 Units | $283,333/unit
Marketing description
Introducing 119 SE 9th St, a turnkey 8-unit multifamily gem in the heart of Hallandale Beach, just minutes from Gulfstream Shops and Casino and a 5-minute drive to Aventura Mall. This mostly renovated property features a mix of three 1-bed/1-bath units and five spacious studio units, many with updated flooring, kitchen cabinets, and bathrooms. Recent enhancements include a freshly painted exterior, revamped parking lot, and new impact windows and doors, offering both durability and curb appeal. Fully occupied and generating $102,000 in Net Operating Income, this property delivers a solid 6% cap rate at the asking price. A rare investment opportunity in a prime location! Seller financing available with attractive terms!
Part of a Portfolio ($3.1M): 109 SE 9th St - turnkey / 8 units. Seller is willing to sell 119 SE 9th St separately, but will not sell 109 SE 9th St separately.
Investment highlights
Turnkey 8-Unit Multifamily Asset in the heart of Hallandale Beach.
Prime Location just minutes to Gulfstream Park & Casino and a 5-minute drive to Aventura Mall
Mostly Renovated Interiors featuring updated flooring, kitchen cabinetry, and bathrooms in select units
Recent Capital Improvements include freshly painted exterior, resurfaced parking lot, and new impact windows and doors
100% Occupied with Strong In-Place Cash Flow
Attractive Seller Financing Available with flexible terms
Portfolio Opportunity: Part of a $3.1M two-property portfolio (16 turnkey units total)
Rare Opportunity to acquire a stabilized multifamily asset in a high-demand South Florida rental market
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
