129 SE 5th St, Hallandale Beach FL 33009

$3,100,000

$100,000
Price Decreased

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Overview

0.4 acres

Property Description

This is a great property in an A rated location. New Roofs! This property consists of two buildings and currently 14 units. There are 10 studios and 2-2/2's and 2-1/1's. It consists of one building that has 10 studios and was once ran as an assisted living facility prior to 2019. It has the sprinklers, and appropriate exits but no being ran as an ALF. It has month to month tenants. Building 2 has 4 units (2-2/1s and 2-1/1s) and tenants are month to month. The city will allow up to 10 Assisted living units and 2 residents per unit for a total of residents. You can get approximatly 5k per unit running an assisted living facility. The county will allow but you just need the license. Each building is about 3200 sq ft. so you can change unit mix to fit your needs! Don't miss the beautiful property! Its right across from YMCA park!

Property Details

MLS#

A11929450

Address

129 5th St SE

City

Hallandale Beach

State/county

FL

Zip/Postal Code

33009

Area

Hallandale Park No 3

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$19,589

Maint Fee

$--

Tax Year

2024

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Boris Gelfand