$545,500
UNDER CONTRACT

124 SE 2nd Terrace Hallandale Beach, FL 33009

Hallandale Beach City Center Neighborhood

Estimated payment $3,474/month

Total Views 1,085
-- Bed
-- Bath
1,689 Sq Ft
$323 Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • Ceramic Tile Flooring
  • Concrete Block With Brick
  • Patio
  • Central Heating

About This Home

Attention savvy investors-this is your chance to secure a standout duplex in one of Hallandale’s hottest rental markets. Priced under its recent appraisal, this property offers immediate built-in equity and the potential for impressive cash flow. recently appraised at $750. This multi-family asset offers 2 2-bed/1-bath units in nice rental condition--with potential for modern upgrades to command higher rents. Current rents range from $2,300 to $2,500 per month, yielding an appro11.5% gross annual cap rate. NEW ROOF in 2025. new A/C, fresh paint and parking for 5+ cars in total, No HOA, Located minutes from beaches, dining, shopping, and entertainment. Don't miss out on this opportunity to invest in a booming location! Schedule your showing today! Hurry this one won’t last long!

Listing Agent

Jenny Vega

United Realty Group Inc License #3605413 Listed on: 07/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,815

Year Built

  • Built in 1957 | Under Construction

Lot Details

  • Fenced

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Concrete Block With Brick
  • Shingle Roof

Interior Spaces

  • 1,689 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 514227080300

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Tatem Woffords Sub Of Out Condos
  • Tatem Woffords Sub Of Out Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,815

Year Built

Built in 1957 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: TATEM WOFFORDS SUB OF OUT
  • Year Built Details: Under Construction
  • MIAMIRE_PoolYN: No
  • Special Features: 4224
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Ceramic Floor
  • Living Area: 1689
  • Stories: 1

Exterior Features

  • Roof: Other, Shingle
  • Exterior Features: Exterior Lights
  • Construction Type: Concrete Block With Brick
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: Under Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TATEM WOFFORDS SUB OF OUT
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Green Building Features: Laundry Facility
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514227080300
  • Zoning: CENTRAL

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6815

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $250,620 -- --
2024 $6,030 $250,620 -- --
2023 $6,030 $207,130 $0 $0
2022 $5,192 $188,300 $0 $0
2021 $4,542 $171,190 $0 $0
2020 $4,133 $215,860 $37,480 $178,380
2019 $3,885 $203,620 $37,480 $166,140
2018 $3,630 $220,120 $37,480 $182,640
2017 $3,121 $116,940 $0 $0
2016 $2,941 $106,310 $0 $0
2015 $2,642 $96,650 $0 $0
2014 $2,346 $87,870 $0 $0
2013 -- $84,140 $37,480 $46,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Sale $545,500 -- $323 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed $77,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $121,700 Commercial
Closed $50,000 Credit Line Revolving
Closed $130,000 Commercial
Closed $9,500 Commercial
Closed $100,100 Commercial
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11848332

MIAMI REALTORS® MLS

APN: 51-42-27-08-0300

Florida Broward County Hallandale Beach 33009 Hallandale Beach City Center

124 SE 2nd Terrace, Hallandale Beach, FL

This home is located at 124 SE 2nd Terrace, Hallandale Beach, FL 33009 and is currently priced at $545,500, approximately $322 per square foot. This property was built in 1957. 124 SE 2nd Terrace is a home located in Broward County with nearby schools including Gulfstream Academy of Hallandale Beach, Hallandale High School, and South Broward Montessori Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Jenny Vega
Listing Agent
Jenny Vega
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United Realty Group Inc
(754) 325-5524