129-131 SE 5th St, Hallandale, FL, 33009
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
Very Walkable
Very Limited Transit
Very BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Broward County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $13,147 | $157,764 |
| Home Insurance * | $4,122 | $49,464 |
| Property Taxes | $2,079 | $24,948 |
| Electricity | $1,407 | $16,895 |
| Total | $20,755 | $249,060 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-13 | Price change | $2,600,000 |
| 2025-01-03 | Listed for sale | $4,000,000 |
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