450 Paradise Isle Blvd, Hallandale Beach, FL 33009
Priced at Only: $6,650,000
Would you like to sell your home before you purchase this one?
- MLS#: F10439205 ( Commercial/Industrial )
- Street Address: 450 Paradise Isle Blvd
- Viewed: 12
- Price: $6,650,000
- Price sqft: $0
- Waterfront: Yes
- Wateraccess: Yes
- Year Built: 1964
- Bldg sqft: 0
- Days On Market: 246
- Acreage: 4.28 acres
- 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
- 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!!!
Payment Calculator
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Features
Building and Construction
- Ceiling Description: Other Ceiling
- Construction Type: Concrete Block Construction, Stucco Exterior Construction
- Num Stories: 3.0000
- Roof Description: Comp Shingle Roof
- Typeof Building: Commercial
- Year Built Description: Resale
Property Information
- Property Description: LAND LEASE (MULTI FAMILY)
- Transaction Type Mlx: Sale
- Typeof Property: Income/Multi-Family
Land Information
- Total Acreage: 4.2800
Eco-Communities
- Environmental Audit: None
- Water Description: Public Water
Utilities
- Cooling Description: Central Building A/C
- Fire Protection: Other Fire Protection
- Heating Description: Central Building A/C
- Num Meters: 200
- Number Of Units: 195
- Sewer Description: Public Sanitation
Amenities
- Common Area Maint Amount: 0.0000
- Common Area Maint Includes: A/C & Heating Maintenance, Inside Insurance, Outside Insurance, Lawn Care, Management Fees
Finance and Tax Information
- Assoc Fee Paid Per: None
- Net Operating Income: 71000
- Sourceof Expenses: Owner Provided
- Tax Year: 2023
Other Features
- Board Identifier: BeachesMLS
- Geographic Area: Hollywood East (3010-3050)
- Information Available: Aerial Photo(S), Copy Of Lease(S)
- Legal Description: ISLE OF PARADISE 59-8 B TRACT G-1
- Locationof Property: City Location, Corner Unit, Corner Lot, Near Airport
- Miscellaneous Information: Handicap Accessible
- Parcel Number: 514226140070
- Possession Information: At Closing
- Sale Includes: Land Only, Leases
- Views: 12
Owner Information
- Owners Name: Regency Professional
- Owners Phone: 954-980-3317
Contact Info
- John DeSalvio, REALTOR ®
- Office: 954.470.0212
- Mobile: 954.470.0212
- jdrealestatefl@gmail.com
