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129 SE 5th St # 4, Hallandale Beach FL 33009

Commercial For Sale
$3,200,000

BTC: 50.00000000

ETH: 1,777.77777778

53 days
0 room(s)

Overview

This is 14 units in Hallandale Beach, an A+ rated location! Property consists of 10 efficiencies, 2-2/2s, and 2-1/1s. The property was run as an Assisted Living faciitly prior to 2019 and can still function as one with a license. The city will allow for up to 20 residents for an ALF. Its currenty functioning as regular rental property. 1st building: Consists of 10 efficiencies-rented at 1300/mo month to month (3200 sq ft) 2nd building: Consists of 2-2/2s-rented at 2300/mo each unit and 2-1/1s rented at 1800/mo each unit.(3200 sq ft) NOI=221,067 If you have or acquire an ALF license, you can get 4-5k per resident have up to 20 residents. Possible Pro Forma NOI running as an ALF=$545,090! 4 power meters and 2 water meters Both roofs are new!!

Location

Florida • Hallandale Beach • 33009 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1977
Lot:
13490 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,297,497
$489K – $3.1M
Confidence Low
List vs. estimate
$1.9M above estimate
List $3,200,000 · +146.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
+ 2 public-records sales within 0.5 mi
Median actual sale: $363K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$19,589
All facts and features

  • Flooring

    • Ceramic Floor

  • Lot

    • Lot: 13490 Square Feet

    Other Property Information

    • Parcel Number: 514227160560

    • Zoning: CENTRAL

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $19,589

  • Source details

    • MLS ID: A11999277

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: City Location

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33009
1,068
median $352K
Active
Same city
Hallandale Beach
1,068
median $350K
Active
Same type
Commercial
48
median $1.1M
Active
Similar price
$2.2M – $4.2M
39
median $3.0M
Active

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: Exclusive Premier Realty