129 SE 5th St 1-4
1-4, 129, 5th St, Hallandale Beach, FL, 33009Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Floors: 1
- Lot size: 13490, 13490 sq ft
- Year built: 1977
- County: Broward
- MLS ID: A11999277
Description
-
Description:
HALLANDALE PARK NO 3 6-7 B LOTS 38,39 & 40 BLK 3 This is 14 units in Hallandale Beach, an A+ rated location! Property consists of 10 efficiencies, 2-2/2s, and 2-1/1s. The property was run as an Assisted Living faciitly prior to 2019 and can still function as one with a license. The city will allow for up to 20 residents for an ALF. Its currenty functioning as regular rental property.
Show all description
1st building: Consists of 10 efficiencies-rented at 1300/mo month to month (3200 sq ft)
2nd building: Consists of 2-2/2s-rented at 2300/mo each unit and 2-1/1s rented at 1800/mo each unit.(3200 sq ft)
NOI=221,067
If you have or acquire an ALF license, you can get 4-5k per resident have up to 20 residents. Possible Pro Forma NOI running as an ALF=$545,090!
4 power meters and 2 water meters
Both roofs are new!!
Building Details
- Structure Type: Apartment
- Construction Materials: Block
- Covered Spaces: 0
- Levels: One
- Floor covering: CeramicTile
Amenities & Features
- Security Features: FireSprinklerSystem,Other,SmokeDetectors
- Roof: Shingle
Expenses, Fees & Taxes
- Tax Annual Amount: $19,589
Miscellaneous
- List Office Name: Exclusive Premier Realty
- Listing Terms: Cash,Conventional,OwnerMayCarry
- Attribution Contact: 561-906-2229
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in 1-4, 129, 5th St, Hallandale Beach, FL, 33009 was built in 1977, and is listed at $2,700,000.