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Gelfand Realty Miami Properties for Sale - Retail for Sale

1801 S OCEAN DR #101, HALLANDALE BEACH, FL 33009

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Retail - for Sale

1801 S OCEAN DR #101, HALLANDALE BEACH, FL 33009

Asking Price$1,900,000

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  • Lot size 9354sqft
  • Year Built 1970

  • Days on market:

    20 day(s)

  • Original Price:

    $1,900,000

  • Tax Legal Description:

    IMPERIAL TOWERS NORTH CONDO UNIT 101 AKA SUPERINTENDENT'S UNIT PER CDO BK/PG: 4251/502

  • Property Type:

    Retail

  • Special Listing Conditions:

    Sale

Description

$1,900,000

Aside from the prime real estate and the ability for a buyer to control the entire retail segment of imperial towers, this unique offering provides a tremendous value-add opportunity. once leased at current market rates, an investor will be able to enjoy an 10.57% cap rate in one of the most desired areas of south florida.

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