For Sale
450 Paradise Isle Boulevard, Hallandale Beach, Florida 33009
ONCE-IN-A-LIFETIME UNIQUE OPPORTUNITY! Amazing Opportunity to Own this Beautiful Ground Lease in the City of Hallandale. It is a TRUE ISLAND, surrounded by over 2,200 linear feet of waterway on all 3 sides connected to the mainland by bridge… just 1 minute to the Intercoastal waterway. Lot size is 4.28 acres with 7 buildings comprised of #194 apartment units, a recreational center, and #42 Boat slips and docks. Enjoy this NO-Responsibility Investment and watch your equity grow. $75,000 per year Cash Flow without any responsibility. Purchase this ground lease for a fraction of what it will be worth when it matures!!!
- Condominium:
- paradise isle
- Property Type:
- Commercial Sale
- Listing Type:
- For Sale
- Listing ID:
- B26044989
- Price:
- $6,650,000
- Days On Market:
- 0
- Property Sub Type:
- Multi Family
ONCE-IN-A-LIFETIME UNIQUE OPPORTUNITY! Amazing Opportunity to Own this Beautiful Ground Lease in the City of Hallandale. It is a TRUE ISLAND, surrounded by over 2,200 linear feet of waterway on all 3 sides connected to the mainland by bridge… just 1 minute to the Intercoastal waterway. Lot size is 4.28 acres with 7 buildings comprised of #194 apartment units, a recreational center, and #42 Boat slips and docks. Enjoy this NO-Responsibility Investment and watch your equity grow. $75,000 per year Cash Flow without any responsibility. Purchase this ground lease for a fraction of what it will be worth when it matures!!!
- Security:
- Other, Other Fire Protection
- Parking:
- Assigned, Guest, Rv/boat Parking
- State:
- FL
- County:
- Broward County
- City:
- Hallandale Beach
- Zipcode:
- 33009
- Street:
- Paradise Isle
- Street Number:
- 450
- Street Suffix:
- Boulevard
- Longitude:
- W81° 52' 13.6''
- Latitude:
- N25° 58' 55.3''
- School
- BuildingAreaTotal:
- 1,864,368 Sqft
- BuildingAreaUnits:
- Square Feet
- ConstructionMaterials:
- Concrete Block Construction,Stucco
- CurrentFinancing:
- Cash
- DocumentsAvailable:
- Aerial Photo,Copies Of Lease(S)
- FinancialDataSource:
- Owner Provided
- GrossIncome:
- $71,000
- GrossScheduledIncome:
- $71,000
- LivingAreaUnits:
- Square Feet
- LotFeatures:
- City Location, Corner Unit, 4 To Less Than 5 Acre Lot
- LotSizeArea:
- 4.28
- LotSizeUnits:
- Square Feet
- MapCoordinate:
- -80.1295481,25.9820284
- MlsStatus:
- Active
- NetOperatingIncome:
- $71,000
- NumberOfBuildings:
- 7
- NumberOfUnitsTotal:
- 195
- OriginalListPrice:
- $6,650,000
- OwnershipType:
- Corporation
- Roof:
- Comp Shingle Roof,Composition Roll,Shingle
- SpecialListingConditions:
- Sale
- StoriesTotal:
- 3
- StructureType:
- Multi Family, Commercial, Commercial Condo
- PhotosChangeTimestamp:
- 24/06/2026 19:33:12
- Listing ID:
- B26044989
- Visits:
- 15 in 3 days
