$6,650,000
Hallandale Beach, FL 33009
MLS# FX-10439205
1 / 29
Property Description
ONCE-IN-A-LIFETIME UNIQUE OPPORTUNITY! Amazing Opportunity to Own this Beautiful Ground Lease in the City of Hallandale. It is a TRUE ISLAND, surrounded by over 2,200 linear feet of waterway on all 3 sides connected to the mainland by bridge... just 1 minute to the Intercoastal waterway. Lot size is 4.28 acres with 7 buildings comprised of #194 apartment units, a recreational center, and #42 Boat slips and docks. Enjoy this NO- Responsibility Investment and watch your equity grow. Purchase this ground lease for a fraction of what it will be worth when it matures!!!
Details
Documents
Contract Information
Auction: No
Status: Active
Original List Price: 6650000
List Price: $6,650,000
Current Price: $6,650,000
Listing Date: 2024-05-13
General Property Description
For Sale: Yes
For Lease: No
Property Desc: LAND LEASE (MULTI FA
Acres: 4.28
Built Desc: Resale
Waterfront: Yes
# of Stories: 3
Total Units: 195
Type: MultiFamily (5+ Units)
Year Built: 1964
Location, Tax & Legal
Geo Area: HWEA - Hollywood East (3010-3050)
Country: United States
State/Province: FL
Tax Year: 2023
Area: 3040
County: Broward
Parcel ID: 514226140070
Street #: 450
Street Name: Paradise Isle
Street Suffix: Boulevard
Zip Code: 33009
Legal Desc: ISLE OF PARADISE 59-8 B TRACT G-1
Geo Lat: 25.982028
Geo Lon: -80.129548
Remarks & Misc
Directions: Use GPS.
Office/Member Info
DXORIGMLNO: F10439205
DXORIGMLSID: FLL
Building Info
Miles to Expressway: 3
Monetary Info
Ttl Assume Loans: 0
Gross Sched Income: 71000
Vacancy Rate: 0
Gross Oper Income: 71000
Other Income: 0
Net Oper Income: 71000
Source of Expenses: Owner
Location
Airport Access: 1
City: 1
Expenses
Common Area Maint: 0
Sale Includes
Land Only: 1
Avail Info
Copies of Lease: 1
Construction
Block: 1
Concrete: 1
Stucco: 1
Avail Docs
Aerial: 1
Cooling
Central Building: 1
Heating
Central Building: 1
Tenant Pays
Insurance: 1
Water: 1
Utilities
Public Water: 1
Roof
Comp Shingle: 1
Maintenance Fee Incl
Insurance-Bldg: 1
Insurance-Interior: 1
Lawn Care: 1
Management Fees: 1
Property Features
Construction: Block; Concrete; Stucco
Location: Airport Access
Sale Includes: Land Only
Avail Docs: Aerial
Avail Info: Copies of Lease
Cooling: Central Building
Heating: Central Building
Tenant Pays: Insurance; Water
Utilities: Public Water
Maintenance Fee Incl: Insurance-Bldg; Insurance-Interior; Lawn Care; Management Fees
Roof: Comp Shingle
Survey and Arial Photo 
Listing Office: Joe Caprio & Co. Real Estate
Last Updated: January - 12 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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