Active
multifamily
SALE
450 Paradise Isle Boulevard, Hallandale Beach, Florida 33009
Hallandale Beach, FL 33009
$6,650,000
Property Details
MLS#
B26044989
Type
Multifamily
Year Built
1964
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!!!
Amenities
3 Stories
Built 1964
Cooling: Central Air
Heating: Central
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30 Year Fixed, 6.59% Interest
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Property Location
Listing Office:
Joe Caprio & Co. Real Estate
Listing Agent:
Joe Caprio
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