Seller's Agent in 2025
David Heinrich
The Keyes Company
(305) 926-3106
3 in this area
35 Total Sales
615 NE 3rd St Hallandale Beach, FL 33009
Atlantic Shores Neighborhood
--
Bed
--
Bath
1,705
Sq Ft
1961
Built
Highlights
- No HOA
- Heating Available
- 4-minute walk to Sunrise Park
- Cooling Available
- 1-Story Property
About This Home
As of June 2025For Sale 4 units Income Producing Property located in the heart of Hallandale Beach, FLConsisted of 615 NE 3 Street Hallandale Beach, FLLocated minutes from Gulf Stream Park & Casino, Beaches, US1, I-95.Just east of North Federal Hwy, makes this investment very attractive to investors and poised significant appreciation.Rentals are under market, Potential CAP Return 8.00%, with an unparallel considerable tremendous upside potential, this is an opportunity, don't want to miss.. Building Size: 1,705 sf in a 4,414 sf Land.Potential 8.00% Return on InvestmentAs per Manager Windows are Hurricane Impact and Rood done in 2018See Brochure attached.Located In the heart of the City of Hallandale Beach in a modern metropolis city with gorgeous beaches.Great Opportunity.
Last Agent to Sell the Property
The Keyes Company Brokerage Phone: 305-926-3106 License #3187652 Listed on: 03/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,931
Year Built
- Built in 1961
Parking
- 4 Parking Spaces
Home Design
- Quadruplex
Interior Spaces
- 1,705 Sq Ft Home
- 1-Story Property
Utilities
- Cooling Available
- Heating Available
Community Details
- No Home Owners Association
- 4 Units
- Atlantic Shores Dixie Hig Condos
- Atlantic Shores Dixie Hig Subdivision
Listing and Financial Details
- Rent includes gardener, trash collection, water
- Assessor Parcel Number 514222130150
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2025
Closed on
May 30, 2025
Sold by
Hallandale 615 Llc
Bought by
Pelygor Llc
Seller's Agent
David Heinrich
The Keyes Company
Buyer's Agent
Efraim Spak
Beachfront Realty Inc
List Price
$875,000
Sold Price
$775,000
Premium/Discount to List
-$100,000
-11.43%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,667
Avg. Annual Appreciation
215.25%
Purchase Details
Closed on
Dec 19, 2024
Sold by
Hallandale Dominion Llc
Bought by
Hallandale 615 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 22, 2017
Sold by
Marco Organization Inc
Bought by
Hallandale Dominion Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,178,100
Interest Rate
3.89%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 24, 2003
Sold by
Gordon Michael E and Neitzel Jason
Bought by
Marco Organization Inc
Purchase Details
Closed on
Jun 28, 2002
Sold by
Cla Real Estate Holdings Inc
Bought by
Gordon Michael E and Neitzel Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
6.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 15, 1999
Sold by
Bank Of New York Tr
Bought by
Phoenix Residential Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.43%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 5, 1999
Sold by
Clerk Of The Court
Bought by
Bank Of New York
Purchase Details
Closed on
Nov 13, 1996
Sold by
Cage Investments Inc
Bought by
Cage Phillip N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,800
Interest Rate
8.02%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 6, 1995
Sold by
Crisovan Valeriu and Crisovan Georgeta
Bought by
Cage Investments Inc
Purchase Details
Closed on
May 24, 1995
Sold by
Joca Steven and Joca Milca
Bought by
Crisovan Valeriu and Crisovan Georgeta
Purchase Details
Closed on
Apr 15, 1993
Sold by
Tanchez Bryan
Bought by
Gilmore Melvin and Gilmore Virginia
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $775,000 | Market Title | |
| Warranty Deed | $705,500 | Attorneys Signature Title | |
| Warranty Deed | $396,000 | Attorney | |
| Warranty Deed | $205,000 | Title Search Inc | |
| Warranty Deed | $192,000 | The John Galt Title Company | |
| Deed | $83,000 | -- | |
| Deed | $100 | -- | |
| Warranty Deed | $138,800 | -- | |
| Warranty Deed | $165,000 | -- | |
| Warranty Deed | $127,000 | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $600,000 | New Conventional | |
| Previous Owner | $104,000 | Stand Alone Second | |
| Previous Owner | $1,178,100 | Commercial | |
| Previous Owner | $172,800 | Commercial | |
| Previous Owner | $696,000 | Construction | |
| Previous Owner | $108,000 | Commercial | |
| Previous Owner | $138,800 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2025 06/09/25 | Sold | $775,000 | -11.4% | $455 / Sq Ft |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- |
| 03/05/2025 03/05/25 | For Sale | $875,000 | -- | $513 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $9,931 | $564,390 | $44,140 | $520,250 |
| 2024 | $8,521 | $382,630 | -- | -- |
| 2023 | $8,521 | $316,230 | $0 | $0 |
| 2022 | $7,552 | $287,490 | $0 | $0 |
| 2021 | $6,603 | $261,360 | $0 | $0 |
| 2020 | $6,047 | $250,470 | $44,140 | $206,330 |
| 2019 | $5,542 | $216,000 | $44,140 | $171,860 |
| 2018 | $7,775 | $342,610 | $44,140 | $298,470 |
| 2017 | $3,982 | $154,300 | $0 | $0 |
| 2016 | $3,668 | $140,280 | $0 | $0 |
| 2015 | $3,318 | $127,530 | $0 | $0 |
| 2014 | $2,898 | $115,940 | $0 | $0 |
| 2013 | -- | $112,500 | $44,140 | $68,360 |
Source: Public Records
Agents Affiliated with this Home
-
David Heinrich
-
Efraim Spak
Buyer's Agent in 2025
Efraim Spak
Beachfront Realty Inc
(304) 466-7119
3 in this area
28 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11757550
APN: 51-42-22-13-0150
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