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$579,000
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Property Description
Attention savvy investors-this is your chance to secure a standout duplex in one of Hallandale's hottest rental markets. Priced under its recent appraisal, this property offers immediate built-in equity and the potential for impressive cash flow. recently appraised at $750. This multi-family asset offers 2 2-bed/1-bath units in nice rental condition--with potential for modern upgrades to command higher rents. Current rents range from $2,300 to $2,500 per month, yielding an appro11.5% gross annual cap rate. NEW ROOF in 2025. new A/C, fresh paint and parking for 5+ cars in total, No HOA, Located minutes from beaches, dining, shopping, and entertainment. Don't miss out on this opportunity to invest in a booming location! Schedule your showing today! Hurry this one won't last long!
Full Property Details
Full Property Details for 124 SE 2nd Terrace
General
- Sold For: $579,000
- Taxes: $6,815 (2024)
- Status: Closed
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A11848332
- Added to Site: 173 day(s) ago
Rental Information
- Rent Includes: None
Interior
- Flooring: Ceramic Floor
Exterior
- Exterior Features: Exterior Lights
- Deck/Patio: Patio
Parking
- Total Spaces: 5
Location
- Area: Tatem Woffords Sub Of Out
- County: Broward County
- Subdivision: TATEM WOFFORDS SUB OF OUT
- Building Name: TATEM WOFFORDS SUB OF OUT
Community
- Community Name: Tatem Woffords Sub Of Out
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Other
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: Concrete Block With Brick
- Roof: Other, Shingle
- Stories/Levels: 1
- Building Size: 1689
- Square Feet: 1,689
- Living Area: 1,689 Sq. Ft.
- Year Built: 1957
- Property Condition: Under Construction
- Other Struct. Feat.: Laundry Facility
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: 1/2 To Less Than 3/4 Acre Lot
- Potential Use: Investment
- Zoning: CENTRAL
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $342.81
- Tax Amount: $6,815
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: None
- Legal Description: TATEM WOFFORDS SUB OF OUTLOT 7 HALLANDALE 1-130 D LOT 21 BLK 2
- Property ID: 514227080300
Listed by United Realty Group Inc
Sold by Realty One Group Advantage
Get Pre-Approved Today
Schools
Schools serving 124 SE 2nd Terrace
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Hallandale Elementary School 1000 Southwest 3rd Street, Hallandale Beach, FL 33009 | K-5 | 1.1 mi |
Hallandale High School 720 Northwest 9th Avenue, Hallandale Beach, FL 33009 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 124 SE 2nd Terrace
Date
Details
Price
Change
Source
9/07/2025
Sold
$579,000
6.14%
MLS
7/28/2025
Listed
$545,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
124 SE 2nd Ter, Hallandale Beach, FL 33009 (MLS# A11848332) is a Duplex property that was sold at $579,000 on September 07, 2025. Want to learn more about 124 SE 2nd Ter? Do you have questions about finding other Duplex real estate for sale in Hallandale Beach? You can browse all Hallandale Beach real estate or contact a Coldwell Banker agent to request more information.

