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450 Paradise Isle Boulevard, Hallandale Beach FL 33009

Commercial For Sale
$6,650,000

BTC: 111.12596504

ETH: 4,170.08948448

3 days
0 room(s)

Overview

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!!!

Location

Details

Type:
Commercial Sale
Parking:
Assigned / Guest / Rv/Boat Parking
Year Built:
1964
Lot:
4.28 Acres
Heating:
Central Building A/C
Price/sqft:
No Data
Cooling:
Central Building A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,690,000
$293K – $4.4M
Confidence Low
List vs. estimate
$5.0M above estimate
List $6,650,000 · +293.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
47 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Parking
200 spaces
All facts and features
  • Heating

    • Central Building A/C

    Cooling

    • Central Building A/C

  • Parking

    • Assigned

    • Guest

    • Rv/Boat Parking

    Lot

    • Lot: 4.28 Acres

    Other Property Information

    • Parcel Number: 514226140070

    • Zoning: RM-18

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Source details

    • MLS ID: B26044989

    Other facts

    • Construction Materials: Concrete Block Construction / Stucco

    • Lot Features: City Location / 4 To Less Than 5 Acre Lot / Corner Unit

    • Water Source: Public

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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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: Joe Caprio & Co. Real Estate