450 Paradise Isle Boulevard, Hallandale Beach, FL

$6,650,000

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4.28

Acres

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

OfficeJoe Caprio & Co. Real Estate

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