450 Paradise Isle Blvd, Hallandale Beach, FL 33009
  • MLS#: F10439205 ( Commercial/Industrial )
  • Street Address: 450 Paradise Isle Blvd
  • Viewed: 28
  • Price: $6,650,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 469
  • Additional Information
  • County: BROWARD
  • City: Hallandale Beach
  • Zipcode: 33009
  • Building: Paradise Isle
  • Provided by: Joe Caprio & Co. Real Estate
  • Contact: Joe Caprio
  • (954) 434-1776
  • Fort Lauderdale, FL MLS IDX
  • DMCA Notice
  • 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. Purchase this ground lease for a fraction of what it will be worth when it matures!!!
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Features
Assoc Fee Paid Per
  1. None
Board Identifier
  1. BeachesMLS
Ceiling Description
  1. Other Ceiling
Close Date
  1. 0000-00-00
Common Area Maint Amount
  1. 0.0000
Common Area Maint Includes
  1. A/C & Heating Maintenance
  2. Inside Insurance
  3. Outside Insurance
  4. Lawn Care
  5. Management Fees
Construction Type
  1. Concrete Block Construction
  2. Stucco Exterior Construction
Cooling Description
  1. Central Building A/C
Country
  1. United States
Dom
  1. 400
Environmental Audit
  1. None
Fire Protection
  1. Other Fire Protection
Geographic Area
  1. Hollywood East (3010-3050)
Heating Description
  1. Central Building A/C
Information Available
  1. Aerial Photo(S)
  2. Copy Of Lease(S)
Legal Description
  1. ISLE OF PARADISE 59-8 B TRACT G-1
Locationof Property
  1. City Location
  2. Corner Unit
  3. Corner Lot
  4. Near Airport
Miscellaneous Information
  1. Handicap Accessible
Net Operating Income
  1. 71000
Num Meters
  1. 200
Num Stories
  1. 3.0000
Number Of Units
  1. 195
Owners Name
  1. Regency Professional
Owners Phone
  1. 954-980-3317
Parcel Number
  1. 514226140070
Possession Information
  1. At Closing
Property Description
  1. LAND LEASE (MULTI FAMILY)
Property Type
  1. Commercial/Industrial
Roof Description
  1. Comp Shingle Roof
Sale Includes
  1. Land Only
  2. Leases
Sewer Description
  1. Public Sanitation
Sourceof Expenses
  1. Owner Provided
Tax Year
  1. 2023
Total Acreage
  1. 4.2800
Transaction Type Mlx
  1. Sale
Typeof Building
  1. Commercial
Typeof Property
  1. Income/Multi-Family
Views
  1. 28
Virtual Tour Url
  1. https://www.propertypanorama.com/450-Paradise-Isle-Blvd-Hallandale-Beach-FL-33009/unbranded
Water Description
  1. Public Water
Year Built
  1. 1964
Year Built Description
  1. Resale
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