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

14beds
14baths
13,990sqft
$2,600,000
$186price/sqft
$20,755/moest. monthly cost
$830,200/yrincome needed

About This Home

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.

Getting Around

82
WalkingVery Walkable
0
TransitVery Limited Transit
73
BikeVery Bikeable

Schools

5/10
2/10
Hallandale High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1977

Materials

  • Roof: Shingle
  • Construction materials: CBS Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 14
  • Bathrooms: 14

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 13,988
  • Total interior livable area: 13,990 sqft

Property

Details

  • Parcel number: 514227160560
  • Zoning: CENTRAL

Features

  • Stories: 1

Lot

  • Features: 1/4 To Less Than 1/2 Acre Lot

Parking

  • Total spaces: 8