322-324 Northeast 3rd Street, Hallandale Beach, FL 33009

Marcus & Millichap, as exclusive listing agent, is pleased to present Legacy Heights Townhomes, an 11-unit gated townhome community located at 322-324 NE 3rd Street in the rapidly growing Hallandale Beach submarket of Broward County. The offering represents a rare opportunity to acquire a fully renovated, low-density, boutique townhome community with in-place cash flow, embedded rental upside, an attractive assumable financing package, and multiple exit strategies, including the potential for a future condo conversion.

Built in 2007 of durable concrete block construction with pitched tile roofs, Legacy Heights consists of two two-story buildings totaling approximately 14,301 adjusted square feet, situated on a 29,001 square foot (0.67 AC) parcel zoned Central RAC. The unit mix includes (8) three-bedroom / two-and-a-half bathroom townhomes with private attached garages and (3) two-bedroom / two-and a-half-bathroom townhomes. The property benefits from modern system infrastructure including PVC plumbing, copper wiring, and city sewer connection, providing residents with the security, privacy, and amenity profile of a much larger community.

Ten of the eleven units have been completely renovated within the last three years, eliminating near-term interior capital expenditure requirements for an incoming investor. Interior renovations are comprehensive and include new kitchens, updated bathrooms, new flooring, new appliances, and new lighting throughout. Every townhome features in-unit washer and dryer, its own private fenced-in back yard, and spacious multi-story floor plans that strongly outperform traditional garden-style apartment product in both tenant retention and achievable rents.

Recent property-wide capital improvements completed by ownership are extensive and include a freshly resurfaced Diamond Brite community pool, a new pool filter and pump, new chemical injectors, upgraded parking lot planters, updated electrical and plumbing fixtures, and a newly installed Click-to- Enter electronic gate entry system with a commercial-grade gate operator installed in 2025. The combination of durable concrete block construction, pitched tile roofs, recent interior renovations, and completed common-area upgrades positions Legacy Heights as one of the most well-maintained boutique townhome communities in the submarket.