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Description

The property at 224 SE 9th Ct. is a multifamily 4-plex located on a 9,903 SF lot within the Central RAC zoning district. This zoning designation allows redevelopment potential of up to 12 residential units. Current Configuration: 3 studio units, 1 (1/1). 2 units are on M-T-M leases. Units #1 and #3 have one-year leases that started in October and December 2024. The Southeastern Corridor of Hallandale is experiencing significant new development, with upscale office, retail, and residential projects transforming the area into a high-end mixed-use hub. Major Redevelopment Potential: Given its Central RAC zoning, the property has the flexibility to be expanded into a higher-density residential development, which is attractive for investors looking to capitalize on the area's growth.