For Sale
Property
Description
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!!!
Basic Details
Condominium:
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
B26044989
Price:
$6,650,000
Property Sub Type:
Multi Family
Features
Security
Other, Other Fire Protection,
Parking
Assigned, Guest, Rv/boat Parking,
Address Map
Country:
US
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''
Neighborhood
School:
MLS Addon
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
Agent Info
|
Andres Jara
|
786.608.7005 - -
Andres Jara, P. A.