3
$380,000 Sale
Listed 13 days ago
216 NW 7th Ct
· 4
· 2
· 0
· 2475
Key Facts
Key facts for 216 NW 7th Ct
Property Type
House, Detached,One Story
Parking
0 garage, Driveway,OnStreet
MLS #
A12097483
Size
2475 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$8,747 /yr
Days on Market
-
Year Built
1926
Maintenance Fee
-
Description
*TWO DETACHED HOMES • ONE LOT • SERIOUS VALUE-ADD POTENTIAL* This unique Hallandale Beach property features two separate, detached homes on one lot, each offering 2 BR / 1BA. Both homes require a full renovation, creating an opportunity to reimagine the property, reposition the existing residences,... and potentially expand the footprint to maximize its value. The possibilities are compelling: create a private family compound ideal for multigenerational living, renovate and maintain two separate residences, live in one and rent the other, or renovate both as income-producing properties. Similar nearby properties with two homes have reportedly achieved long-term rents exceeding $2,000 per month each. And with *NO HOA*, there is added flexibility for an investor or future owner. A significant clean-out has already been completed, and the property is fully fenced. Architectural plans have been prepared showing an expansion of the footprint and conveys to the new owner —providing a valuable head start for a buyer looking to further enhance the property, Centrally located between Miami and Fort Lauderdale, with convenient access to Gulfstream Park, Aventura Mall, golf courses, Hollywood Beach, major airports, shopping, dining, and entertainment. With continued investment and new development in the surrounding area, this is an opportunity to establish a foothold in a well-connected South Florida location with exciting long-term potential.
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Listing courtesy of: LPT Realty, LLC