Investing in Hallandale Beach, FL 33009: what the numbers really say
We analyzed 23 condos and other properties currently active in Hallandale Beach, FL 33009 (Broward County) to answer the question every foreign investor asks first: what does this actually return, after the costs no one mentions upfront?
Properties in this zip currently show an average cap rate of -0.2% and a gross rental yield of 6.7%, with prices ranging from $109,000 to $8,500,000.
Annual net operating income over price. Excludes mortgage.
Gross annual rent over price, before expenses.
Price over gross annual rent — lower means the property "pays for itself" faster.
Hidden costs in this zone
Annual property tax
$10,942
Annual HOA
$6,373
Annual insurance
$14,781
Wind/flood exposure zone — real insurance can vary by year built and exact FEMA zone.
Estimates for informational purposes only. Not investment or financial advice.
Example properties in this zone
Real metrics, no gallery — full detail with photos and address is shared once you unlock the report.
$479,000
Single Family · 1353 sqft
$8,500,000
Condo · 5832 sqft
$895,000
Single Family · 2638 sqft
Frequently asked questions
What is the average cap rate in Hallandale Beach, FL 33009?
Based on 23 properties analyzed by Imnoba, the average cap rate in Hallandale Beach, FL 33009 is -0.2%, with a gross rental yield of 6.7% and a GRM of 15.0. This is an Imnoba estimate based on typical market rent for the area, not a guaranteed return.
Is short-term rental (Airbnb) legal in Hallandale Beach?
We haven't verified the specific short-term rental ordinance for Hallandale Beach yet — always confirm with the city and the HOA/condo documents before counting on this income.
How much is property tax in Broward County?
Properties analyzed in this zip show an average annual property tax of $10,942. This figure combines real tax data from listings where available and an Imnoba estimate (typical effective rate for Broward County) where it isn't — always confirmed as reliable but not guaranteed.
How expensive is insurance in Hallandale Beach, FL 33009?
Imnoba estimates an average annual insurance cost of $14,781 for properties in this zone — this area has wind/flood exposure, so real premiums can vary significantly by year built and exact FEMA zone. This is an estimate; always get a real quote from a Florida-licensed insurance agent before closing.
What type of property is most common in Hallandale Beach, FL 33009?
Of the 23 properties Imnoba analyzed in this zip, condos are the most common property type.