About 450 Paradise Isle Boulevard
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!!!
Features of 450 Paradise Isle Boulevard
| MLS® # | B26044989 |
|---|---|
| Price | $6,650,000 |
| Acres | 4.28 |
| Year Built | 1964 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 450 Paradise Isle Boulevard |
|---|---|
| Area | 3040 |
| City | Hallandale Beach |
| County | Broward |
| State | FL |
| Zip Code | 33009 |
Amenities
| Utilities | Cable Available, Electricity Available, Sewer Available, Water Available |
|---|---|
| Parking | Assigned, Guest, Accessible Parking, Boat Access/Parking |
Interior
| Heating | Central Building |
|---|---|
| Cooling | Central Building |
| # of Stories | 3 |
Exterior
| Roof | Composition, Shingle |
|---|---|
| Construction | Block, Stucco |
Additional Information
| Zoning | RM-18 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Joe Caprio & Co. Real Estate |
|---|
