450 Paradise Isle Boulevard, Hallandale Beach, FL 33009

$6,650,000

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List Price: $6,650,000
MLS#: B26044989
Subtype: Multi Family
County: Broward
Year Built: 1964

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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!!!

954-557-5993

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Additional Information

Construction: Block, Stucco
Cooling: Central Air
Heating: Central
Roof: Composition, Shingle
Security: Other
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Stories: 3
Acres: 4.28