450 Paradise Isle Boulevard, Hallandale Beach, FL 33009

$6,650,000

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List Price
$6,650,000
MLS#
B26044989
Status
ACTIVE
Type
Commercial

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!!!

Additional Information

Days on Market
33
Water Access
Land Only, Business; Building And Land
Parcel Number
514226140070
Address
450 Paradise Isle Boulevard, Hallandale Beach
Year Built
1964

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Listing Courtesy of Joe Caprio & Co. Real Estate, Contact: