Fort Lauderdale Luxury & Waterfront Homes

129 SE 5th St 1-4

Hallandale Beach, FL 33009

MLS#: A11999277

$2,700,000

Status: Active
Listing number: A11999277
Listing provided by: Exclusive Premier Realty
Listing agent phone: None
Last update: 7 days ago
On site: 17 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1977

Sq.Footage

6,994

This is 14 units in Hallandale Beach, an A+ rated location! Property consists of 10 efficiencies, 2-2/2s, and 2-1/1s. The property was run as an Assisted Living faciitly prior to 2019 and can still function as one with a license. The city will allow for up to 20 residents for an ALF. Its currenty functioning as regular rental property. 1st building: Consists of 10 efficiencies-rented at 1300/mo month to month (3200 sq ft) 2nd building: Consists of 2-2/2s-rented at 2300/mo each unit and 2-1/1s rented at 1800/mo each unit.(3200 sq ft) NOI=221,067 If you have or acquire an ALF license, you can get 4-5k per resident have up to 20 residents. Possible Pro Forma NOI running as an ALF=$545,090! 4 power meters and 2 water meters Both roofs are new!!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

Area & Lot

  • Lot Size(square feet)

    13490.0

  • Property Type

    Commercial Sale

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $2,700,000

  • Tax Amount

    $19,589

  • Zoning

    CENTRAL

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

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Location

County

Broward

Elementary School

Middle School

High School

Listing Courtesy of Alexander Virelles , Exclusive Premier Realty

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Agent David Jean-Louis

AGENT

David Jean-Louis

Call David today to schedule a private showing.

(954) 699-6815

david.jeanlouis7@gmail.com


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This is 14 units in Hallandale Beach, an A+ rated location! Property consists of 10 efficiencies, 2-2/2s, and 2-1/1s. The property was run as an Assisted Living faciitly prior to 2019 and can still function as one with a license. The city will allow for up to 20 residents for an ALF. Its currenty functioning as regular rental property. 1st building: Consists of 10 efficiencies-rented at 1300/mo month to month (3200 sq ft) 2nd building: Consists of 2-2/2s-rented at 2300/mo each unit and 2-1/1s rented at 1800/mo each unit.(3200 sq ft) NOI=221,067 If you have or acquire an ALF license, you can get 4-5k per resident have up to 20 residents. Possible Pro Forma NOI running as an ALF=$545,090! 4 power meters and 2 water meters Both roofs are new!!

129 SE 5th St 1-4

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