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129 SE 5th St, Hallandale Beach FL 33009

Multi-family For Sale
$3,200,000

BTC: 50.00000000

ETH: 1,777.77777778

53 days
0 room(s)
13,990 sqft

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

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1977
Lot:
No Data
Heating:
Central
Price/sqft:
$229
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data

Valuation

Recent sales nearby
2 public-records sales within 0.5 mi
Median actual sale: $363K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$19,589
2025
Parking
8 spaces
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 514227160560

    • Zoning: CENTRAL

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $19,589

  • Source details

    • MLS ID: A11999268

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 13990

    • Subdivision Name: HALLANDALE PARK NO 3

Private inquiry
Talk to the advisor on this listing.
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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: Exclusive Premier Realty