129-131 SE 5th St, Hallandale Beach FL 33009

$2,600,000

$186/sq ft

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Overview

Year Built

1977

Sqft

13990

Property Type

Quadruplex

Property Description

Exceptional investment opportunity in the heart of Hallandale Beach. This unique property features two separate buildings, offering tremendous upside potential for investors and operators alike. The front building is currently occupied on a month-to-month basis and presents the opportunity to be converted into four residential income-producing units, including two 2-bedroom/2-bath units and two 1-bedroom/1-bath units. The second building offers an excellent setup for Assisted Living Facility (ALF) operators or other specialized residential uses. Conveniently located on SE 5th Street, just east of Gulfstream Park and directly across from the newly developed YMCA facility, this property combines strong location fundamentals with multiple value-add opportunities. A rare chance to acquire a versatile asset with significant income and redevelopment potential.

Property Details

MLS#

A12035857

Total Floor in Bldg

1

Address

129-131 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

$23,136

Maint Fee

$--

Tax Year

2024

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Boris Gelfand