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!!!
| MLS # | B26044989 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 108 |
| Listing Provided By | Joe Caprio & Co. Real Estate | Joe F. Caprio |
| SQ Feet | 1,864,368 |
|---|---|
| Story(s) | 3 |
| Units | 195 |
| Building(s) | 7 |
| Zoning | RM-18 |
| Acreage | 4.28 |
| Lot Features | Corner Lot, City Lot |
|---|
| Parking Features | Assigned, Accessible Parking, Boat, Guest |
|---|
| Tax Annual Amount | 0 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Hallandale Beach |
| Zip Code | 33009 |
| Area | 3040 |
| Subarea | HWEA Hollywood East (3010 3050) |
| Listing VS Median (in 33009) | |
Price: $6,650,000 low | high Med: $165,000 sqft: 1,864,368 low | high Med: 889 $ / sqft: $4 low | high Med: $190 On site: 108 low | high Med: 269.5 | |
| State | FL |
|---|---|
| County | Broward |
| City | Hallandale Beach |
| Zip Code | 33009 |
| Area | 3040 |
| Subarea | HWEA Hollywood East (3010 3050) |
| Listing VS Median (in 33009) | |
Price: $6,650,000 low | high Med: $165,000 sqft: 1,864,368 low | high Med: 889 $ / sqft: $4 low | high Med: $190 On site: 108 low | high Med: 269.5 | |