450 Paradise Isle Boulevard Hallandale Beach, FL $ 6,650,000
450 Paradise Isle Boulevard
$ 6,650,000
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450 Paradise Isle Boulevard

Hallandale Beach, FL, 33009
$ 6,650,000
Bedrooms-- Baths-- Sq 1,864,368

Monthly Estimate*

$ 45,930

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Commercial Property for sale in Hallandale Beach, FL

for $6,650,000. This 1,864,368 square foot building was built in 1964 on a lot size of 4.28.

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. $75,000 per year Cash Flow without any responsibility. Purchase this ground lease for a fraction of what it will be worth when it matures!!!

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Commercial Active

Price

$ 6,650,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

4.28

Year Built

1964

Town/City

Hallandale Beach

County/Region

Broward

MLS | Web ID

B26044989

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available Sewer Available Water Available
Possession Close Of Escrow
Roof Composition Shingle
HOA Fee 0
Security Features Other
Construction Materials Block Stucco
Year Built 1964
Electric Other
Property Subtype Multi Family
Tax Year 2025
Gross Income 71000
Business Type Commercial Residential
Accessibility Accessibility Features
County Broward
Net Operating Income 71000
New Construction false
Property Type Commercial Sale
Status Active
City Hallandale Beach
Disclosures Owner Is Listing Agent
Number Of Units Total 195
MLS Area 3040
Tax Annual Amount 0
Property Condition Resale
MLS Area Minor HWEA - Hollywood East (3010-3050)
Virtual Tour https://www.propertypanorama.com/450-Paradise-Isle-Boulevard-Hallandale-Beach-FL-33009--B26044989/unbranded
Standard Status Active
Occupancy Type Call Agent
Ownership Type Corporation
Property Sub Type Additional Multi Family
Legal Description ISLE OF PARADISE 59-8 B TRACT G-1
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Interior
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Assigned Accessible Parking Boat Guest
Lot Features Corner Lot City Lot
Water Source Multiple Meters Public
Total Parking 200
Lot Size Area 27066
Number of Buildings 7
Building Area Total 1864368
Lot Size Acres 4.28
Road Frontage Type City Street
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* Excluded Features
List By
Joe F. Caprio

Listing Agent

Affordability Calculator

$45,930
Per Month
100%
0%
0%
Monthly Principal & Interest
$45,930
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/24/2026$6,650,000 Listed Price

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450 Paradise Isle Boulevard, Hallandale Beach, FL, 33009 is a Commercial Property for sale at $6,650,000 with 1,864,368 sqft and a lot size of 4.28. 450 Paradise Isle Boulevard was built in 1964. The property's zip code is 33009 which is in Hallandale Beach, FL