Development opportunity in Hallandale Beach within the central RAC zoning. Currently, the property features two 1-bedroom units being rented on Airbnb. The offering includes two parcels: one with the duplex and the other with the pool. There is also a washer and dryer room. The price covers both parcels.
Continue to cash flow while you plan your redevelopment or keep as is.
RAC zoning encourages higher densities near the planned commuter rail station and offers a variety of housing types. RAC supports investments through a range of development scales from individual infill buildings to large redevelopment projects.
Information is deemed to be correct but listing agent and seller are not responsible. Buyer to verify all uses and inspections
713 NE 7th St, Hallandale Beach, FL, 33009
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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