luxury

$1,100,000

1457 Atlantic Shores Boulevard, Hallandale Beach, FL 33009

Hallandale Beach, FL, 33009

— bd · 0 ba · 2,280 sqft

Listed by Cash Flow in Miami Realty

Estimated monthly payment

$7,905/mo

Income & expenses

1 unit
Building totalsMonthlyAnnual
Gross rental income$2,300$27,600
Operating expenses (est.)$1,788$21,460
Net operating income (est.)$512$6,140

Expenses include estimated taxes, insurance, HOA and the 10% vacancy, repairs and management allowance. Loan payments are separate.

Yearly rent

$27,600

Property taxes after sale

$13,200

Florida average estimate

Insurance estimate

$5,500

South Florida average insurance estimate

$1,100,000
$880,000 (20% below)Asking $1,100,000

Cap rate — optimistic

0.81%

NOI $8,900/yr

Rent minus taxes, insurance and HOA.

Cap rate — conservative

0.56%

NOI $6,140/yr

Also minus 10% for vacancy, repairs and management.

Cash flow with a loan

20% · $220,000
0%50%100%
Loan payment $68,492/yr
Cash flow $-62,352/yr
Cap rate 0.56%
Cash-on-cash -28.34%
Cash flow ÷ price -5.67%

Conservative net operating income minus a 30-year loan payment at the price tested above.

Rent figures come from the listing. Taxes are estimated at the tested price, since Florida taxes reset on sale. Planning estimate only, not a quote. Actual premiums depend on roof age, wind mitigation, flood zone, claims history and the carrier. Verify all income and expenses with the seller's rent roll before writing an offer. Estimate only, not guaranteed. Verify before you buy or sell.

Know your costs before you buy

Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.

Estimated monthly payment $7,905/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.

About this home

Find similar homes

Excellent opportunity to own an income-producing fourplex in a prime Hallandale Beach location. This well-maintained property features 4 units (2 studios and 2 units 1 bed/1.5 bath), each with its own private entrance, offering strong rental income and flexibility for investors or owner-occupants.The property has been recently upgraded with a brand-new roof, new A/C system, and upgraded bathrooms, providing peace of mind and reduced maintenance costs. Units offer spacious living areas, functional kitchens, and well-sized bedrooms. Each unit has a washer inside and one dryer outside for entire property. 1 unit has both washer and dryer inside the unit.The units are currently rented, generating immediate income with upside potential through rent increases or long-term appreciation. 1 bedroom units are rented at $2,300/month with lease ending in June 2026 and September 2026, studios are rented at $1,500/month on a month-to-month basis.Conveniently located just minutes from the beach, Gulfstream Park, Aventura Mall, shopping, dining, and major highways. No HOA and ample parking further add to the property’s appeal.Ideal for investors seeking steady cash flow or buyers looking to live in one unit while renting the other. A turn-key income property in a high-demand rental area—do not miss this opportunity.

Good deal

Why we flagged this one

A transparent review of current MLS facts—not a paid placement.

  • Price reduced 8%

    The seller has come down from $1,200,000 to $1,100,000 — a $100,000 reduction since it came on the market.

  • 287 days on market

    Longer time on market usually means the seller is more open to negotiating on price and terms.

Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.

Your costs (est.)

≈ $7,905/mo

1457 Atlantic Shores Boulevard, Hallandale Beach, FL 33009 · Hallandale Beach

Location

1457 Atlantic Shores Boulevard, Hallandale Beach, FL 33009

Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995