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228 SE 9th St, Hallandale Beach FL 33009

Commercial For Sale
$9,499,000

BTC: 122.07158003

ETH: 3,957.91666667

54 days
0 room(s)

Overview

Mixed-Use Development Opportunity to acquire a nearly 1-acre assemblage in one of South Florida’s most active redevelopment corridors. Comprised of 6 folios totaling approximately 43,125 SF, this site received a full Development Review Committee (DRC) Approval for a mixed-use project, approximately 78,000 buildable SQ/FT. featuring residential & commercial components, allowing a developer to bypass much of the entitlement process and accelerate delivery. Key advantage of approval is the ability to utilize surface-level parking, resulting in substantial construction cost savings compared to projects requiring structured parking. Located in a Opportunity Zone & RAC (Regional Activity Center), benefiting from flexible development options & city initiatives designed to encourage investment, density & economic growth. Positioned just west of Gulfstream Park, few blocks north of Aventura Hospital/Medical Center and future Uptown Aventura mixed-use district, the site offers exceptional access to major employment centers, retail destinations, entertainment venues, and key transportation corridors. This is a rare opportunity for developers, investors, and OZ buyers to acquire a fully approved mixed-use development site which incudes income-producing multi-family w/ below-market rent, reduced entitlement risk & construction-cost advantages in one of South Florida’s most dynamic growth markets. The Seller is open to outright sale or potential joint ventures for the subject property.

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
1.00 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,450,000
$402K – $4.9M
Confidence Low
List vs. estimate
$8.0M above estimate
List $9,499,000 · +555.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 MLS comparables
+ 21 public-records sales within 0.5 mi
Median actual sale: $955K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$18,952
2025
All facts and features
  • Lot

    • Lot: 1.00 Acres

    Other Property Information

    • Parcel Number: 514227140370

    • Zoning: CENTRAL

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Sewer Connected

    • Water Connected

    • Sewer Available

    • Trash Removal

    • Water Available

  • Other financial information

    • Annual tax amount: $18,952

  • Source details

    • MLS ID: A12040786

    Other facts

    • Lot Features: City Location / 1-2.5 Acres / Other Lot Description

    • Water Source: Municipal Water

    • Lot Size Dimensions: 221x240

    • Subdivision Name: HALLANDALE PARK

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman