450 Paradise Isle Boulevard, Hallandale Beach FL 33009
Hallandale Beach, FL 33009
$6,650,000
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- Price
- $6,650,000
- Building size
- 1,864,368
- Property type
- Multi Family
- Year built
- 1964
- Lot size (sq ft)
- 27,066
- MLS number
- B26044989
This listing is courtesy of Joe Caprio & Co. Real Estate, 954-434-1776.
About this property
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!!!
Details
- Property type
- Multi Family
- Year built
- 1964
- Lot size (sq ft)
- 27,066
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC