310-320 NE 1st Ave, Hallandale Beach FL 33009

Closed

$3,600,000

20.00%

Est. Payment $19,161/mo

MLS Sheet Video

1962

Year Built

624

Days on Market

Description

This 9,615 SF flex space building is a perfect blend of office and true industrial, situated on a large 19,540 SF lot. The parking lot across the street is on a long-term lease with the city of Hallandale Beach and provides a tremendous amount of available parking.The property is 100% occupied by 3 tenants and is currently netting $219,307 per year, which will provide an investor with a strong 6.09% capitalization rate at full asking price. All tenants are currently month-to-month. The property can be delivered vacant for an owner-user.

Facts

MLS#
A11252431
Subdivision
—
Property Type
Commercial Sale
Property Sub Type
Flex Space
Year Built
1962
Lot Size
13,910 ft²
Sq. Ft.
—
Sq. Mt.
—
Price per sq. ft.
—
Price per sq. mt.
—
Stories
—
Garage
—
Pool
—
Days on Market
624 days
Listed
Aug 5, 2022
Last Updated
May 17, 2024
Price/Lot Sq.Ft.
$259/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Hallandale Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

October 2026

100/100
Buyers marketSellers market

49

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/17/2024Sold$3,600,000
9/1/2023Price change$3,600,000-20.0%
8/5/2022Listed for sale$4,500,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

310-320 NE 1st Ave, Hallandale Beach FL 33009Directions

Estimated Monthly Payment

$22,311/mo

Principal & Interest

$19,161

Property Tax

$3,000

Insurance

$150

HOA

$0

20% ($720,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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