NOT LISTED FOR SALE

705 NE 3rd St Hallandale Beach, FL 33009

Hallandale Beach Area
-- Bed
-- Bath
7,300 Sq Ft
1962 Built

Sale Details

Date Sold: December 19, 2024

Last sale price $3,000,000 $411 Per Sq Ft

883 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property

About This Home

As of December 2024

NEWLY PRICE ED TOTAL OF 17 UNITS IN 5 BUILDINGS AND 3 FOLIOS. ALL BUILDINGS HAVE BRAND NEW IMPACT WINDOWS, ALL 5 ROOFS ARE NEW FROM 2018 TILL 2 MONTHS AGO. ALL UNITS HAVE BRAND NEW KITCHENS AND NEWER BATHROOMS. SOME UNITS HAVE WOOD VINYL AND OTHERS HAVE TILE. BRAND NEW LANDSCAPE AND A GAZIBO. ALL APPLIANCES HAVE BEEN REPLACED WHEN THE RENOVATION WAS DONE ALL WITHIN THE LAST 2 YEARS. ONE BULIDING HAS SPLIT AC'S AND THE REST HAVE WINDOW AC'S. BUILDING IS IN GREAT CONDITION, ALL RENTED, SOME WITH LEASES, AND OTHERS WITH MO/MO, GREAT RETURN. EAST OF US1 ABOUT 1.5 MILES AWAY FROM THE BEACH, CLOSE TO PUBLIC TRANSPORTATION, SHOPPING, AND GOLF STREAM.

Last Agent to Sell the Property

Mervat Abdelnour

RE/MAX Park Creek Realty Inc License #676978 Listed on: 06/20/2022

RE/MAX Park Creek Realty Inc

Last Buyer's Agent

Mervat Abdelnour

RE/MAX Park Creek Realty Inc License #676978 Listed on: 06/20/2022

RE/MAX Park Creek Realty Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Parking

  • Assigned Parking

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Flooring

  • Ceramic Tile
  • Vinyl

Location

  • City Lot

Listing and Financial Details

  • Total Actual Rent $244,000
  • Tenant pays for electricity
  • Assessor Parcel Number 514222130120

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 17 Units

Building Details

  • Gross Income $244,000
  • Net Operating Income $173,715

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1962
  • Property Sub Type: Multi Family
  • Business Type: Other
  • Directions: HALLANDALE BEACH EAST TO US1 NORTH TO 3RD STREET EAST TO THE PROPERTY ON THE NORTH SIDE
  • Horses: No
  • Inclusions: Land Only, Business; Building And Land
  • New Construction: No
  • Road Frontage Type: City Street, City
  • Building Stories: 1
  • Structure Type: Multi Family
  • Year Built Details: Resale
  • CurrentPrice: 3000000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor, Vinyl
  • Number Of Buildings: 5
  • Stories: 1

Exterior Features

  • Construction Type: Concrete Block Construction
  • Lot Features: City Location
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Sewer: Public Sewer, Public Sanitation, Sewer
  • Water Source: Public
  • Security: Smoke Alarm, Smoke Detector(s), Smoke Detector

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 514222130120
  • Zoning: RESIDENT

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Net Operating Income: 173715
  • Annual Gross Income: 244000
  • Number Of Units In Community: 17
  • Number Of Units Total: 17
  • Total Actual Rent: 244000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Dec 19, 2024
Sold by
Bought by
Seller's Agent
Mervat Abdelnour
RE/MAX Park Creek Realty Inc
Buyer's Agent
Mervat Abdelnour
RE/MAX Park Creek Realty Inc
List Price
$3,590
Sold Price
$3,000,000
Premium/Discount to List
$2,996,410
83465.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,191,750
Interest Rate
0.0679%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2017
Sold by
Bought by

Purchase Details

Closed on
Feb 10, 2016
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 2016
Bought by

Purchase Details

Closed on
Oct 20, 1993
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,589,000 Attorneys Signature Title
$1,287,000 Attorney
-- Concorde Land Title Svcs Inc
$100 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,191,750
Previous Owner $104,000
Previous Owner $58,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/19/2024 12/19/24 Sold $3,000,000 +83465.5% $411 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
06/20/2022 06/20/22 For Sale $3,590 -- $0 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $24,519 $1,079,570 $134,300 $945,270
2025 $21,100 $1,034,590 $134,300 $900,290
2024 $19,643 $903,800
2023 $19,643 $746,950 $0 $0
2022 $17,282 $679,050 $0 $0
2021 $15,650 $617,320 $0 $0
2020 $14,016 $568,970 $134,300 $434,670
2019 $12,707 $510,190 $134,300 $375,890
2018 $11,263 $468,280 $134,300 $333,980
2017 $9,554 $419,760 $0 $0
2016 $8,855 $357,170 $0 $0
2015 $7,995 $324,700 $0 $0
2014 $7,056 $295,190 $0 $0
2013 -- $280,110 $134,300 $145,810
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mervat Abdelnour

    RE/MAX

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Map

Source: MIAMI REALTORS® MLS

MLS Number: F10336432

MIAMI REALTORS® MLS
Florida Broward County Hallandale Beach 33009

705 NE 3rd St, Hallandale Beach, FL

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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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