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.
| MLS # | A12035857 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1977 |
| Days On Site | 68 |
| Listing Provided By | The Keyes Company | Karl Fong Yee |
| SQ Feet | 13,990 |
|---|---|
| Story(s) | 1 |
| Zoning | CENTRAL |
| Lot Features | Quarter To Half Acre Lot |
|---|
| Tax Annual Amount | 23136 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Hallandale Beach |
| Zip Code | 33009 |
| Area | 3040 |
| Subarea | Hollywood East (3010 3050) |
| Community Name | HALLANDALE PARK NO 3 |
| Listing VS Median (in HALLANDALE PARK NO 3) | |
Price: $2,600,000 low | high Med: $650,000 sqft: 13,990 low | high Med: 1,399 $ / sqft: $186 low | high Med: $465 On site: 68 low | high Med: 168 | |
| State | FL |
|---|---|
| County | Broward |
| City | Hallandale Beach |
| Zip Code | 33009 |
| Area | 3040 |
| Subarea | Hollywood East (3010 3050) |
| Community Name | HALLANDALE PARK NO 3 |
| Listing VS Median (in HALLANDALE PARK NO 3) | |
Price: $2,600,000 low | high Med: $650,000 sqft: 13,990 low | high Med: 1,399 $ / sqft: $186 low | high Med: $465 On site: 68 low | high Med: 168 | |