450 Paradise Isle Boulevard, Hallandale Beach, FL 33009

$6,650,000
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List Price
$6,650,000
MLS#
B26044993
Status
ACTIVE
Type
Commercial
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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 ). Purchase this ground lease for a fraction of what it will be worth when it matures!!!

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Additional Information

Days on Market
36
Waterfront Description
Canal Front, Canal Width 121 Feet Or More, Canal
Parcel Number
514226140070
Front Exposure
East
Lot Size
186,436
Address
450 Paradise Isle Boulevard, Hallandale Beach
Development Name
N/A
Development
N/A
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Listing Courtesy of Joe Caprio & Co. Real Estate, Contact: