450 Paradise Isle Boulevard
450, Paradise Isle, Hallandale Beach, FL, 33009Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Floors: 3, 3
- Year built: 1964
- County: Broward
- MLS ID: B26044989
Description
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Description:
ISLE OF PARADISE 59-8 B TRACT G-1 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!!!
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Location
- Lot Size Acres: 4.28 acres
Building Details
- Water Source: Public
- Sewer: NotConnectedAtLot,PublicSewer,Other
- Construction Materials: Block,Stucco
- Covered Spaces: 0
- Number Of Buildings: 7
Amenities & Features
- Parking Features: Assigned,AccessibleParking,Guest,RvAccessParking
- Security Features: Other
- Parking Total: 200
- Roof: Composition,Shingle
- Utilities: CableAvailable,ElectricityAvailable,WaterAvailable,SewerAvailable
- Cooling: CentralAir
- Electric: Other
- Heating: Central
Expenses, Fees & Taxes
- Association Fee: 0
- Tax Annual Amount: 0
- Other Expense: 0
- Tax Year: 2025
Miscellaneous
- List Office Name: Joe Caprio & Co. Real Estate
- Listing Terms: Cash
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in 450, Paradise Isle, Hallandale Beach, FL, 33009 was built in 1964, and is listed at $6,650,000.