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450 Paradise Isle Blvd Hallandale Beach FL 33009 MLS #F10439205

450 Paradise Isle Blvd
Hallandale Beach, FL, 33009
$6,650,000
Beds
0 Bathrooms
SqFt
4.28 Acres
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$6,650,000
450 Paradise Isle Blvd
Hallandale Beach, FL, 33009
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Project 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!!!

Financial

Gross Operating Income
$71,000
HOA Frequency
None
Net Operating Income
$71,000

Investment results for buyers and agents

Property Details

Price:
$6,650,000
MLS #:
F10439205
Status:
Active
Baths:
0
Type:
Commercial
Subdivision:
Paradise Isle
Neighborhood:
3040
Listed Date:
May 13, 2024
Lot Size:
186,436 sqft / 4.28 acres (approx)
Year Built:
1964
WaterfrontParadise IsleParadise Isle

Schools

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Map

Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:

Rental ROI

Property Direction

450 Paradise Isle Blvd
Hallandale Beach, FL