731 SW 8th Ave Hallandale Beach, FL 33009
Southwest Lakes NeighborhoodEstimated payment $3,252/month
Highlights
- No HOA
- Tile Flooring
- Ceiling Fan
- Cooling Available
- Central Heating
About This Home
Investor Opportunity in Prime Hallandale! Property appraised well over asking. Appraisal can be provided upon request. This fully rented duplex offers steady income with long-term tenants paying below market rent—leaving room to raise rents and grow monthly earnings. Each unit is on its own level for added privacy. Recent updates include a partial roof repair (2 years ago), new tankless water heater downstairs (1 year old), and newer A/C units—upstairs under 3 years old, downstairs about 5 years old. The lower unit also has a washer and dryer setup. Leases run through March 2025 (upstairs) and August 2025 (downstairs). Located near parks, schools, shopping, and major roads, this is a smart investment in a high-demand area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,346
Year Built
- Built in 1954
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Flat Tile Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 1,141 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Flooring
- Carpet
- Tile
Utilities
- Cooling Available
- Central Heating
Community Details
- No Home Owners Association
- 2 Units
- Roselawn Heights Condos
- Roselawn Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 514228190060
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,346 | $339,060 | -- | -- |
| 2024 | $6,625 | $339,060 | -- | -- |
| 2023 | $6,625 | $280,220 | $30,140 | $250,080 |
| 2022 | $5,590 | $226,460 | $0 | $0 |
| 2021 | $4,806 | $205,880 | $0 | $0 |
| 2020 | $4,400 | $188,350 | $30,140 | $158,210 |
| 2019 | $4,061 | $170,160 | $30,140 | $140,020 |
| 2018 | $4,430 | $203,230 | $30,140 | $173,090 |
| 2017 | $3,789 | $178,710 | $0 | $0 |
| 2016 | $3,548 | $162,560 | $0 | $0 |
| 2015 | $1,987 | $76,590 | $0 | $0 |
| 2014 | $1,752 | $69,630 | $0 | $0 |
| 2013 | -- | $66,050 | $30,140 | $35,910 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | For Sale | $499,999 | 0.0% | $438 / Sq Ft |
| 08/11/2025 08/11/25 | Pending | -- | -- | -- |
| 06/25/2025 06/25/25 | Price Changed | $499,999 | -2.9% | $438 / Sq Ft |
| 06/03/2025 06/03/25 | Price Changed | $514,999 | -3.7% | $451 / Sq Ft |
| 05/02/2025 05/02/25 | Price Changed | $534,999 | -6.1% | $469 / Sq Ft |
| 03/25/2025 03/25/25 | For Sale | $569,900 | +239.4% | $499 / Sq Ft |
| 07/29/2015 07/29/15 | Sold | $167,900 | -6.7% | $147 / Sq Ft |
| 06/29/2015 06/29/15 | Pending | -- | -- | -- |
| 02/28/2015 02/28/15 | For Sale | $179,900 | -- | $158 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Lee D Glassman Pa | |
| Warranty Deed | $167,900 | Legal Elite Title Inc | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $38,571 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $285,000 | New Conventional | |
| Closed | $285,000 | New Conventional | |
| Previous Owner | $182,000 | New Conventional | |
| Previous Owner | $164,858 | FHA | |
| Previous Owner | $91,800 | Credit Line Revolving |
Source: MIAMI REALTORS® MLS
MLS Number: A11770196
APN: 51-42-28-19-0060
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