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$ 2,600,000

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

13,990 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 13,990 sqft

Price per Sqft $185

Subdivision Hallandale Park No 3

MLS Listing ID A12035857

Style Fourplex

HOA Y/N No

Year Built 1977

Annual Tax Amount $23,136

Tax Year 2024

Property Sub-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.

Location

State FL

County Broward

Community Hallandale Park No 3

Area 3040

Interior

Heating Central

Cooling Central Air, Ceiling Fan(s)

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 8

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Others

Tax ID 514227160560

Acceptable Financing Cash, 1031 Exchange, Other

Listing Terms Cash, 1031 Exchange, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12035857

Miami Association of Realtors (SEFMIAMI MLS)

Listed by The Keyes Company

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